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CDM: aid to families and businesses for 4.4 billion, gasoline down by 25 cents

2022-03-18T22:38:13.607Z


Draghi: '5.2 million families will pay their bills as in the summer'. Franco: '10% intervention on the extra-profits of energy companies'. Cingolani: 'Real-time interventions after excise duties'. Cdm unanimously approves the economic-humanitarian aid decree. (HANDLE)


Cut of 25 cents in excise duty on petrol until April.

Social bonus extended to 5.2 million families, who will pay for electricity and gas like last summer.

Bills in installments and tax credits for businesses.

Golden power strengthened.

Prime Minister Mario Draghi is faithful to his commitment to intervene "immediately", with 4.4 billion, to defend the purchasing power of families and the entrepreneurial fabric, especially the one most exposed to Russia and Ukraine.

And he does so almost without putting his hand to public resources but by taxing the extra profits of energy companies by 10%.

"We have taken important steps to give the country an answer to the war in Ukraine: we help citizens and businesses to sustain increased energy with attention to the needy and exposed companies".

Thus Prime Minister Mario Draghi in a press conference after the Council of Ministers.

'The measure we have discussed has found unanimous support: the measures amount to 4.4 billion euros which are added to the 16 billion spent in the last 6 months ".

"We tax a part of the extraordinary profits that producers are making thanks to the increase in the costs of raw materials

and we distribute this money to companies and families who are in great difficulty" explained Draghi.

"We allow bills to be paid in installments for up to two years, tax credit for gas-intensive and energy-intensive companies, we hope these words exist in Italian ..." the premier also said.

"Unlike the previous measures, most of today's interventions are not financed by the public budget but by companies in the energy sector." I want to underline some of the main measures: until the end of April

the price at petrol and diesel pumps will be reduced by 25 cents per liter.

We increase from 4 to

5.2 million the number of families protected by the increases in bills,

which will pay for energy like last summer.

We have raised the Isee ceiling from 8 thousand to 12 thousand euros, including 1.2 million more families than in the previous provision ".

Franco: 10% intervention on energy companies 'extra-profits

- The intervention on energy companies' extra-profits due to the jump in prices will be 10%.

Economy Minister Daniele Franco said this in the press conference after the cdm on the 'Ukraine Decree'.

"We intend - said Franco - to tax a portion of the margin between active transactions for VAT purposes and passive transactions for VAT purposes in the last semester compared to the same semester a year ago. We will intervene where the increases in both percentage and absolute terms are significant. The percentage is 10% ".

Draghi: 'We need EU unity on electricity price formation

' - "An immediate and concrete response is needed on the formation of the European electricity price: there are various proposals and we will converge on a proposal. Then it is not certain that it will be approved: there are countries that find it difficult to have a single mechanism. The European rules were reached years ago and respected a pattern of those years, but since then everything has changed. We move forward, we see that it is possible to do. We need a European response, otherwise we will do something national but it would not be satisfactory ".

Thus Prime Minister Mario Draghi in a press conference after the Council of Ministers.  

Cingolani: 'After excise duties, interventions' in real time'

- The Government has adopted a 'timed' measure on excise duties affecting energy prices because "the fluctuations are now such that engaging in too long could become counterproductive. You go over short periods and then organize yourself in real time by seeing the contracts forward ".

This was stated by the Minister of Ecological Transition Roberto Cingolani in the press conference after the cdm on the 'Ukraine Decree'.

Increasing Italian gas production is an "urgent" response to the war, but exploring new fields "would not be an immediate answer. We need to diversify through functioning fields, contracting new supplies".

This was stated by the Minister of Ecological Transition Roberto Cingolani in the press conference after the cdm on '

Source: ansa

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