Politics · Italy · 6 hrs ago

Meloni and Intesa chief speak after dispute over Italy's budget

Meloni and Intesa chief speak after dispute over Italy's budget

Giorgia Meloni and Carlo Messina spoke by phone to clear up misunderstandings over Italy's government budget plan.

Messina leads Intesa Sanpaolo, one of the country's largest banks, and has criticised a proposed contribution from banks to the budget.

He has also called the government's plan to spread Superbonus tax-credit repayments over ten years a drastic measure.

The call aimed to ease tensions after remarks made two days earlier, though no official account of their conversation was given.

Bank representatives want energy companies and other financial firms, including insurers, to share any contributions, and want a less disruptive approach to the tax-credit repayments.

The budget measures remain under discussion, and the government has not ruled out further talks.

Decisions may follow once lawmakers submit budget amendments, with the overall budget balance kept unchanged.

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Carlo MessinaIntesa Sanpaolo chief executive
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via ANSA