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Extra levies on financial sector won't kill anyone says Giorgetti

📍 Rome, IT·🕐 12d ago·1 outlet

(ANSA) - ROME, 16 OTT - Economy Minister Giancarlo Giorgetti said Friday that the additional taxes the government intends to impose on banks and insurers in the 2027 budget law will not be too severe. "I confirm that a contribution will be requested from the financial system because we believe it can afford it," Giorgetti said. "We also believe the terms will be sustainable," he added, stressing that "keeping the (bond) spread under control is in everyone's interest" and that banks hold billions of euros in Italian BTP bonds on their balance sheets. When asked about possible legal challenges…

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medium risk