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Centromarca member industries significantly bolster the Italian economy, generating €87.2 billion and creating approximately 1 million jobs in 2023, which accounts for 4.2% of the GDP. Their contributions extend beyond production, enhancing the labor market and fiscal revenues, with a notable impact along the supply chain. The sector's resilience was particularly evident during the 2020 lockdown, ensuring the availability of goods and supporting national economic stability.
Giorgetti has confirmed significant spending cuts and new taxes, particularly targeting housing, while exempting health care. He emphasized that sacrifices will be required from those who can afford them, including bankers, amid a backdrop of Italy's highest taxation index at 42.8%. The government aims for a prudent fiscal maneuver to reduce the deficit-to-GDP ratio below 3% by 2026, despite facing criticism and internal dissent over the proposed measures.
Antonio Misiani
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centromarca industries drive italian economic growth and job creation in 2023
Euro
Centromarca ALTRO ENTE
ITA
Giulia Pastorella
Marco Osnato
Antonio Misiani
Alessandro Morelli
Alessandro Cattaneo
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12:09 24.10.2024
Italy announces spending cuts and new taxes amid economic challenges
09:00 09.10.2024
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