Extending ecobonus credits to 10 years ‘South American’ debt management tactic-Messina – Business

Extending ‘ecobonus’ tax credits to
ten years in the 2027 budget bill is a ‘South American-style’
debt management tactic, the CEO of Italy’s biggest bank Intesa
Sanpaolo, Carlo Messina, said Thursday, drawing a sharp response
from Premier Giorgia Meloni who called it instead a “matter of
fairness”.

   
“Extending ‘ecobonus’ tax credits to ten years is a South
American-style approach to managing debt owed to creditors,”
stated Messina during a hearing before the parliamentary
commission of inquiry into the banking, financial, and insurance
system.

   
“What’s included…