Particle.news
Download on the App Store

Giuli Signs Decree to Reallocate Over €100 Million in Unused Funds to Italy’s Film Fund

The allocation awaits the Economy Ministry’s countersignature before taking effect.

Overview

  • The Culture Minister said the money comes from sums left unused since 2022, with a portion still collectible in 2026.
  • The move is presented alongside tightened, more transparent Tax Credit procedures and the removal of opaque practices that officials say benefited a few.
  • Trade groups including Anica, Apa and Cna had warned that without corrective action investment could shift abroad and the sector would be at risk.
  • Critics, citing analysis by IsICult and opposition lawmakers, argue the measure shifts unassigned resources within the existing budget rather than adding new money.
  • Reporting from Il Fatto Quotidiano notes the draft 2026 budget would lower the cinema and audiovisual fund to €550 million from €696 million in 2025.