Spanish
The Italian government, led by Giorgia Meloni, is considering imposing a tax on extraordinary profits on banking entities, with a view to financing the 2026 Budget Law.
He is now immersed in drafting the 2026 Budgets and has not ruled out imposing it again to finance them, although they hope to find a solution by dialoguing with the banks.
"I have no punitive interest towards the banking system. Last year we talked and found a solution, I trust that this year too it can be done," Meloni affirmed last night in an interview on public television Rai1.
However, he said that "there are Italians who still need protection", so he believes that "help can be asked of the banks".
In this line, the Minister of Economy, Giancarlo Giorgetti, assured that he also "trusts that the same can be done as last year", but that the banks "can help", although he has no intention of "punishing them".
"Banks were created to attract savings and deposits and lend them to the real economy, and in this way they also fulfill a valuable function. The problem is that today, many banks obtain enormous profits not by carrying out these activities, but by managing assets," he criticized.
Both the Court of Auditors and the Italian National Institute of Statistics (Istat) warned that there is very little room to apply expansionary measures, such as lowering taxes or increasing social spending, according to local media.
But Giorgetti stressed that there are indeed "financial margins to include tax cuts for what is called the middle class".
The Executive already imposed an extraordinary 40% tax on banks in 2023 due to the increase in interest rates, which they tried to evade through capital increases, but ultimately had no impact since a government amendment nullified it.
