At the Mef “we estimate” that it will be possible to exit the procedure for excessive deficit next autumn, when the actual impact of the Superbonus for construction on public finances will be clearer. The Minister of Economy said it Giancarlo Giorgettianswering a question on the sidelines of the informal Ecofin, in Nicosia.
To a first question relating to the fact that, if the national safeguard clause requested by Italy were applied, it would become more difficult exit the excessive deficit procedure, for well-known technical reasons, Giorgetti responded by observing that both the “3.1%” of deficit/GDP for 2025 and the “2.9%” forecast by the Commission for Italy in 2026 are “estimates. We work day by day, then…”.
When asked if he believes it is technically possible to exit the procedure before the end of 2026, he responded bluntly “Yes”to then specify: “We estimate…”, because everything will depend on the evaluation of the final impact of the superbonus, as well as, since it is a ratio, on the trend of the GDP.
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