Overview
- The Chamber of Deputies approved the budget 216–126, closing a fast‑tracked process that included a confidence vote and an overnight session.
- The law lowers the second IRPEF bracket to 33% for incomes up to €50,000 and taxes contractual pay increases at 5% and productivity bonuses at 1% for eligible workers.
- Pension eligibility will rise by one month in 2027 and two months in 2028, while a Lega order of the day accepted by the government commits to considering a suspension of the 2027 step if public finances allow, a review Giorgetti said will be weighed in 2026.
- About €3.5 billion supports manufacturing and investment through extended Transizione 4.0 measures, the Southern single special economic zone and renewed hyper‑amortization incentives.
- Opposition parties attacked both the content and the expedited, largely one‑chamber route, as the government touted prudence and pledged to evaluate youth and incremental flat‑tax proposals only with adequate budget coverage.