Overview
- Government officials are finalizing a roughly €16 billion package, with a Cabinet decision expected next week alongside the draft budget’s dispatch to Brussels.
- ‘Rottamazione quinquies’ is narrowed to 96 installments over eight years with minimum payments near €50, as debates continue over stricter default rules (two missed payments), a possible 5% upfront for debts above €50,000, and exclusions for serial users.
- Giancarlo Giorgetti says the amnesty will be selective and signals a targeted freeze of the 2027 pension-age increase, while an IRPEF cut from 35% to 33% for incomes between €28,000 and €50,000 is under discussion.
- The 50% deduction for primary-home renovations is set for extension, and the government seeks a negotiated, non-punitive contribution from banks alongside tighter oversight of state-backed loan guarantees.
- Bank of Italy and the Parliamentary Budget Office validated the Dpfp but flagged downside risks, urged reallocating funds toward investment, research and education, and warned defense spending may require corrections or safeguard clauses.