The Draghi government launches a new stimulus plan worth 14,000 million euros to cushion the economic consequences of the war
From 10% to 25%, the special rate levied on the extraordinary profits made by energy companies in Italy thanks to the rise in the price of gas and oil. The government of Mario Draghi announced this at the presentation of a new stimulus plan worth 14,000 million euros, which is intended to cope with the economic consequences of the war in Ukraine and which will be paid for a small part from the increase of this special rate launched last year. March.
As the Economy Minister, Daniele Franco, explained at the end of the Council of Ministers, this tax on energy companies will serve “to finance the anti-inflation support package for pensioners and workers”. Both are expected to receive a government grant of 200 euros, provided they have an annual income that does not exceed 35,000 euros. That amount should serve to absorb the impact on rising energy and commodity prices. Italy closed last month with an inflation rate of 6.2%.
Despite the increase in the amount of the aforementioned special tax from 10% to 25%, the measure, which will initially affect the period from October 2021 to April 2022, will have a limited impact on the bills of energy companies quoted by several financial analysts, according to several financial analysts. Radiocor desk commented. The companies involved expected this fee to cost “between 10 and 30 million” each, private investment bank Equita notes in a report, but now the amount will be between 25 and 75 million.
Other key measures included in the new stimulus plan promoted by Draghi include the three-month extension of the energy bonus for low-income families and the reduction of special fuel taxes until July 8. This decrease has led to a 30 cents per liter drop in the price of petrol and diesel at filling stations. This decline now extends to methane as well.
“In the current climate of enormous uncertainty, the government is trying, as far as possible, to give a message of closeness to all Italians. The main purpose of this decree is to protect the purchasing power of households, especially those with lower incomes, and the productive activity of companies,” Draghi said when presenting the stimulus plan.
Source: La Verdad
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