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Tajani, exclude local banks from the new tax - News

2023-08-23T13:19:33.470Z

Highlights: "We must give real help and not harm savers" (ANSA). "Today, if we really want help to families and businesses and not cause damage to savers, we must exclude local banks from taxation" Antonio Tajani, deputy prime minister and leader of FI, says this with reference to the taxation on the extra profits of banks. "I am critical of the ECB because the increase in rates damages the growth of our country," he says. "We defend a principle of competition. We are liberals, we demand that there be less and less state and more enterprise"


"We must give real help and not harm savers" (ANSA)


"Today, if we really want help to families and businesses and not cause damage to savers, who are always citizens and businesses, we must exclude local banks from taxation". Antonio Tajani, deputy prime minister and leader of FI, says this with reference to the taxation on the extra profits of banks.

"I think it is right - explains Tajani, speaking at the Rimini Meeting - and therefore I agree with the need to ask Italian banks for help at this time of economic difficulties caused above all by inflation. The problem is not whether it is right or not, therefore, but how to write the rules that prescribe the aid.
Let's leave aside the past: perhaps the intervention should have been done with closed bags or having listened to Bankitalia before. Today, if we really want it to help families and businesses and not cause damage to savers, who are always citizens and businesses, we must exclude local banks from taxation I am absolutely convinced that the principle of solidarity must also apply here".
For Tajani, local banks "must not do what they are not able to do: they offer loans to small craftsmen and small businesses where the members are small entrepreneurs as in the BCCs and cooperative banks and for the rules they are subject to those of Basel while the criterion of larger banks is more advantageous". And then, he argues, "we will have the risk of making an Italian bank already pay than a foreign bank operating in Italy. Great care must be taken to protect small banks."


"On extra profits we will present amendments to the Chambers"

"I am not a supporter of the banking party, but when you take a decision" like the one on extra profits "we must always think about the economic and financial fallout. They are not chosen to take votes in the electoral campaign but to help families and businesses", Tajani said, announcing on the rules "amendments that will protect savers, SMEs and our credit system". "It is right that the banks do their part but it is right that they do it well. There is no conflict with the allies. In alliances there are different opinions otherwise we would be a single party. We defend a principle of competition. We are liberals, we demand that there be less and less state and more enterprise. I have read the interview of the leader of the FDI group in the Senate in which it is announced availability for discussion in Parliament", he concluded.

'ECB rate hike hurts growth'

"I am critical of the ECB because the increase in rates damages the growth of our country. In China, to counter the housing bubble crisis, the interest rate has been lowered. That's what had to be done, it's the exact opposite of what the ECB did," the foreign minister told the meeting.

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Source: ansa

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