Overview

• The economy minister said plans to lower the second IRPEF bracket and launch a new rottamazione are less certain due to Ukraine-related energy and defense burdens.
• Prime Minister Giorgia Meloni reaffirmed that the upcoming budget’s political priority is relief for the middle class.
• The Treasury will wait for ISTAT’s national accounts after 22 September to set the figures for the Documento programmatico di finanza pubblica.
• Forza Italia continues to push cutting the 35% bracket to 33% and extending it to €60,000, with press estimates putting the cost at about €4 billion.
• The Lega is pressing for a broad rottamazione, but senior officials prefer a selective approach; Il Sole 24 Ore cited a potential €5.2 billion impact, and Giorgetti said there will be no corrective budget.