The Italian government’s focus is on strengthening pension funds, a crucial issue in a time of growing economic uncertainty. Lega and Fratelli d’Italia (FdI) are advancing two significant amendments to the budget, which could redefine the future of severance pay (TFR) for workers.
The two amendments presented by the majority parties propose the opening of a new semester to allow workers to transfer their severance pay from their company to pension funds.
Another significant proposal concerns the increase in minimum pensions in 2025. Forza Italia deputies, including Pella and Cannizzaro, are asking for an increase of 2.7%, higher than the 2.2% initially planned. The necessary financial coverage amounts to 100 million euros and will be recovered from the Fund for non-deferrable needs. In addition, the amendment signed by Lorenzo Malagola (FdI) provides for the introduction of an annual voucher of up to 1,500 euros for each student of families with an ISEE income of up to 40,000 euros. These vouchers will be usable exclusively at private schools, with total funding set at 65 million euros per year.
Minister Adolfo Urso expressed concerns about the effectiveness of ecobonuses in the automotive sector. During a meeting at Mimit with Stellantis, he stated that investments have not led to the expected results:
“We will no longer propose the ecobonus measure; instead, we will allocate the resources to support businesses and investments in the automotive supply chain.” Urso also suggested the creation of a European plan with stable incentives to support consumers in the automotive sector. This proposal could represent a significant turning point in the European Union’s strategy towards energy transition and support for businesses. With these initiatives, the financial maneuver aims not only to support workers but also to address future economic challenges in a more structured and effective way.
Trump’s Tariff Plans: A Day-One Agenda Against Drug and Human Trafficking In a bold move to combat drug and human smuggling, President-elect Donald Trump has announced plans to impose significant tariffs on Mexico, Canada, and China immediately after his inauguration on January 20.
Government Unveils “Get Britain Working” Initiative to Combat Unemployment In a bid to rejuvenate the UK job market, the government has introduced its ambitious “Get Britain Working” initiative, promising extensive reforms aimed at reducing the benefits bill and increasing employment.