The Lower House late on Friday gave
its green light to the 2025 budget bill with 211 votes in favour
and 117 against.
The package of measures now goes to the Senate for final
approval, which is expected on December 28.
The 2025 budget bill has 30 billion euros worth of new measures.
The package includes a 1,000-euro bonus for the parents of
newborns, although it will be means tested, with wealthier
families excluded, as part of efforts to reverse Italy's
declining birth rate.
Banks, which have enjoyed high profits in recent years thanks to
the ECB putting up interest rates, and insurance companies will
be called on to make a 3.5-billion-euro contribution to the
budget, which will to go the national health system.
The budget also maintains cuts in the labour-tax wedge for lower
earners that the government made in its 2023 budget law.
The Quota 103 scheme is kept, enabling people to start claiming
a State pension before the retirement age of 67, under certain
conditions.
Around 2.3-2.4 billion euros of the financial coverage for the
budget comes from a review of public spending, with ministries
told to cut their budgets.
Healthcare resources will be boosted by 1.3 billion ahead of
contract renewals in 2028-2030 with higher allowances for
doctors and nurses and healthcare personnel working in ERs.
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