Overview

• Lega formally proposed drawing €5 billion from major banks’ extra profits to fund relief for families and small businesses and a new tax-debt settlement.
• Forza Italia leader Antonio Tajani rejected any levy on so-called extraprofitti, insisting there will be no such taxes while his party is in government.
• Prime Minister Giorgia Meloni signaled a preference for constructive talks with the banking sector rather than punitive measures.
• Economy Minister Giancarlo Giorgetti argued that, given recent profits, a system-wide contribution from banks would be appropriate without “bullying” the sector.
• The banking association ABI, via president Antonio Patuelli, disputed the premise of extra profits and noted banks have already shouldered difficult years with capital increases and restructurations.