Deficit, big reward, energy, parties demand more – the economy

Parliament gives the green light to the Draghi government’s economic and financial document but sees it as a basis on which more can be done. New interventions are urgently needed to combat the expensive energy that has caused soaring prices of raw materials to families and businesses, improve huge bonuses for homes and sell loans, and state aid to restore businesses hardest hit by high material prices. The list is long and the six billions provided by the government for the new anti-price hike decree, which will arrive next week, will not be enough. For this reason, the majority parties, in the decision approved in the Cabinet, asked the ministers to pledge to assess the budget gap, if the macroeconomic situation worsens, which is already very critical, from the ministers. The main concerns are related to the energy crisis, which could worsen as the war in Ukraine continues. The Minister of Public Administration, Renato Brunetta, states that the government is working on an “energy decree” that would confirm and extend the measures taken so far to reduce the production tax on gasoline by 25 cents and that of reducing the system’s fee on bills. It will also help companies most affected by rising prices for materials, such as ceramics, and sectors most exposed to the repercussions of war, such as agriculture. In Del, there will also be funds for Ukrainian refugees. Furthermore, Bronta explains, the same decree will always contain “drastic simplifications” to unblock the “renewable power plant.” This is a strategic and urgent step to reduce Italy’s dependence on Russian gas.

Among the hypotheses under consideration are “liberalization of the installation of solar, thermal or photovoltaic panels in buildings”, except for those considered “cultural assets”; Appointment of an exceptional commissioner to assist in adjudication of pending authorization requests, with the ability to overcome the veto power of oversight bodies. However, the government has no intention of exceeding the six billion already in the budget by confirming the deficit targets contained in the clean. Another deficit not on the agenda, because the situation is delicate and we must avoid making moves that could have an impact on prices. It is not excluded that they can be used later, as also explained by Minister of Labor Andrea Orlando: “We have taken into account that the resources specified in Def are not sufficient”, but “they are only part of what is necessary. To deal with the situation that has arisen with the crisis caused by the war ” . He explains that the government is not ruling out any path but first we need to understand “which answers, if any, will reach the European level” and in these hours the possibility is evaluated. The majority in Parliament does not oppose the government’s moves, on the contrary, it adopts its anti-crisis intentions and demands intervention also in the “review of the reference fuel price system” as well as increased assistance to local authorities who were also proven of expensive bills.

But he does not fully agree with the caution about deviation, and the pressure officially opens: the resolution asks to “monitor” the direction of the macroeconomic situation and assess the deviation from “support measures” for families and companies “if there is an aggravation of the scenario”. Then the economic priorities of the parties are determined. First, a “currently envisaged deadline extension” that would require single-family homes to do 30% of work by June to take advantage of the Superbonus. It also asks to ease the limits for the allocation of construction loans, and to allow them to institutions other than banks and insurance companies. The text obliges the government, then, to support the health system, adjust funds for public investments with unpredictable price dynamics, tackle food poverty, “also expand social reward”, and continue subsidies in favor of the integration of women and youth into the world of work.

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