(Finance) – In the last Council of Ministers “we approved several important measures. The most important is the one concerning the taxation of unfair bank margins”. That’s what she said Prime Minister Giorgia Meloni in the social link “Giorgia’s notes”. “We – continued Meloni – are experiencing a complicated economic and financial phase also due to the inflation that is recorded throughout Europe to which the ECB has responded with an intervention which we can also discuss. In this difficult situation it is essential that the banking system behaves as fairly as possible. We are making record profits and we have decided to intervene by introducing a tax of 40% on the unfair difference in the interest margin. A tax which is not a tax on a legitimate margin, but a tax on an unfair margin”.
“The resources that will come from the taxation of the unjust margins of the banks will go – Meloni reiterated – to finance the measures to support families and businesses that are experiencing a moment of difficulty due to the high cost of money”.
In the link, the Prime Minister also commented on the other rules contained in the two Omnibus decrees approved by the government last Monday.
Process uncertainty – “In Monday’s Council of Ministers we approved a rule that avoids any uncertainty in the processes and which makes it possible to prevent processes that are open because they are linked to the mafia from ending up in nothing – said the Prime Minister Giorgia Meloni -. This action, which is not the first, it shows how determined the government is to fight the cancer of organized crime.”
Basic income – “The government does not intend to retrace its steps on the Citizenship Income, because it wants to move from the Citizenship Income to the Employment Income, that is, which is obtained thanks to work – said Meloni -. The estimates of those who would have lost their income were 300 thousand people and instead lost it in 112 thousand. Reasonably – he observes – it means that they have already started working because they knew that at a certain point they would no longer be able to count on their income and they rolled up their sleeves and started looking for a job that they found “.
Minimum salary – “Why didn’t I accept the minimum wage proposal as it is presented? Because if I established by law a minimum hourly wage for everyone, which would inevitably fall somewhere in between. And then the minimum wage could risk being lower than the minimum expected contract and would risk becoming a substitute parameter and not an additional one, making wages much worse than those who improve them” explained the premier. “We will open the confrontation with the oppositions and we will understand – continued Meloni – if there is the margin of presenting together a serious proposal against low wages that can provide wage parameters for workers not covered by collective bargaining, which can increase controls to combat irregular work, false part-time contracts and other crimes of the kind, and we hope that a serious shared response can be reached on this and that it will improve the conditions of Italian workers overall and not improve those of some, worsening those of others “. “If we look at the OECD data, we see that Italian wages in real terms have been practically frozen for over 30 years. Indeed we are the only country in Europe with decreasing wages. If we restrict the search to the last 10 years, essentially governed by the left, we see that we have fallen by an average of 1.4%. In the same years, wages in France have grown by 4.3%, those in Germany by 6.75%. So yes, there is a serious problem of low wages in Italy – said Meloni -. I’m glad that even those who had been in government but hadn’t been able to reverse the trend are finally realizing it. Why, if the legal minimum wage is the solution, have they not introduced it? Probably because they are aware which is not an effective solution”.
PNRR – “Italy in 2023 will benefit from 35 billion from the Pnrr, the EU confirms that at the end of the year it will have all the resources foreseen, pace of those who hoped it would lose them or lose part of them – said the Prime Minister – We are very satisfied with these results, we promised that Italy would not lose a euro, that things would go well, our progress and efforts are recognized and if anyone is bothered by Italy having these successes, we we will continue not to spare ourselves”.