The Senate Hearing

Streparava: 'lower energy costs, stop stability constraints'

The president of Confindustria Brescia: 'Cutting excise duties is not enough. Amazed by Brussels' rigidity in the face of the crisis'.

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

A decisive intervention in favour of industry, to counteract the difficulties of the moment.

This was the request made by the president of Confindustria Brescia, Paolo Steraparava, during a hearing on the tax and excise dl at the Senate Finance Committee. 'On the excise cut decree,' he explained, 'we understand the urgency of the intervention and we know its purpose: to counter speculative phenomena, temporarily ease fuel price rises, protect citizens, and safeguard road haulage in a phase of extraordinary tension. The point is, however, that for the industry this is not enough'.

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"The real problem is not just the price of fuel at the pump and a short-lived excise reduction, which may offer immediate relief but does not change the ability to plan investments, price lists, contracts and production: the problem is the overall cost of energy for manufacturing.

In audizione

A sinistra, il Presidente di Confindustria Brescia Paolo Streparava

Streparava calls the correction on Transition 5.0 made by the Minister of Enterprise, Adolfo Urso, 'fair and necessary' after the cut in funding for exodus projects undermined the relationship of trust between enterprises and institutions. "Businesses need that when something is announced, it is written clearly, quickly and consistently. Regardless of the technical form that has been chosen, tax credit or contribution, the final benefit must have the same economic impact for companies and the same rules of cumulability'.

Streparava then called for a reversal of course at EU level in terms of public accounts, allowing room for manoeuvre at such a dramatic time, and shared the position expressed by Economy Minister Giancarlo Giorgetti.

"In an extraordinary phase like this, marked by geopolitical tensions, high energy costs and a slowdown in demand, more budgetary flexibility is also needed at European level. Instead, we are astonished by the reactions of Brussels, which has held back on the idea of suspending the budget rules, pointing out that such a measure would not be justifiable at the moment. If this is not a crisis, we do not know what it will be. The industry's cry of pain,' he concludes, 'is not a polemical formula, it is the signal of a production system that continues to do its duty but that cannot be left alone amid the international crisis, energy costs that are no longer bearable, and EU constraints that are out of line with reality.

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