Overview
- Corriere della Sera reports a meeting in which the Ragioniera generale explained that EU fiscal rules under the new Stability Pact bar reuse of unspent funds and that the proposed transfer missed required budget deadlines.
- The Economy Ministry’s stance blocks a decree to shift about €101 million from automatic contributions into the cinema fund, forcing the Culture Ministry to seek an alternative path.
- Giuli maintains he wants resources for the sector next year and expects another meeting with Giancarlo Giorgetti after failing to secure approval on the first attempt.
- The latest clash follows publication of a 17 October email, reported by La Repubblica, in which the Culture Ministry suggested reducing the cinema and audiovisual fund from €696 million to €400 million over 2026–2027.
- Opposition parties PD and M5S demand Giuli testify in Parliament, while the ministry rejects the press narrative as manipulative and says it aimed to phase in unavoidable cuts, protect cultural heritage budgets, and preserve the international tax-credit cap.