Giorgetti prioritizes employee support to stimulate growth and consumption

Giorgetti's fiscal maneuver focuses on improving employee welfare and promoting economic growth in Italy.

Allocation of Funds

The plan includes allocating €18 billion to increase the salaries of workers earning up to €40,000 annually.

Debate Among Unions

This initiative has sparked debate among unions.

Comparison to Germany

Giorgetti aims to reduce national debt and draw comparisons to Germany's former finance minister, Christian Lindner.

Proposed Measures

The proposed measures include a tax wedge cut for low-income workers and an increase in paid parental leave.

Three-Tiered Tax Rate Revision

The government also plans to implement a three-tiered tax rate revision in 2024.

Support for Families

The fiscal plan supports families with multiple dependent children and extends contribution allowances for working mothers.

Importance of Lowering National Debt

Giorgetti emphasizes the importance of not increasing national debt and hopes for lower interest rates from the European Central Bank.

Increased Funding for National Health Service

The funding for the National Health Service will increase, and measures are in place to encourage employment and private investment.

Tax Reforms and Financial Adjustments

Tax reforms and financial adjustments are also part of the plan.

Overall Goals

Overall, Giorgetti's fiscal maneuver aims to address economic challenges, prioritize employee welfare, support families, and encourage private investment in Italy.

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