Particle.news

Download on the App Store

Tajani Rejects 'Pinch' on Banks, Exposes Coalition Rift Before Budget Talks

He urges dialogue with lenders over ad hoc levies.

Image
Image

Overview

  • Speaking at Rimini, Antonio Tajani pushed back on Economy Minister Giancarlo Giorgetti’s plan for a “piccolo pizzicotto” to press banks to pass lower-spread benefits to households.
  • Tajani said banks are enterprises that should pay taxes but opposed extra-profit measures or sudden “blitz,” warning that targeting banks would harm Italy’s industrial system.
  • He ruled out bringing professional pension funds into INPS and vowed that Forza Italia would resist any such move.
  • He called for a decisive European Central Bank response, including renewed quantitative easing, to counter euro strength he argues risks exporters.
  • With no coalition agreement yet, September’s budget talks will confront competing proposals—such as a tax-band cut promoted by Fratelli d’Italia and the Lega’s push on cartelle rottamazione and pension tweaks—while Tajani also backed non-intervention in market deals like MPS’s offer for Mediobanca.