Overview

• The cabinet is set to approve the Documento programmatico di bilancio, with the full 2026 stability law to be finalized in a separate meeting later this week.
• Talks with banks focus on unlocking about €2.8 billion via a one‑off contribution tied to 2023 extra‑profit reserves, using an effective rate around 26–27% plus taxation of resulting dividends.
• A two‑point cut to the second Irpef bracket is the working plan for incomes up to €50,000, while an expanded sterilization threshold up to €200,000 is being reported by some sources but remains unconfirmed.
• Spending under discussion includes roughly €2.4–2.5 billion for health staffing and services and around €0.8–1 billion for family measures, alongside a 50% renovation bonus for first homes and incentives for firms.
• Measures still being negotiated include a new tax‑bill settlement with a 5% upfront payment, selective steps to ease the 2027 pension age increase, and the scope and timing of business tax incentives.