“It is the market that is sovereign and must decide what to do. It is not up to the government, it is not up to politics to get involved in the banking risk game. Politics must set rules, ensure that the rules are respected, and that’s it.” This is what Deputy Prime Minister and Foreign Minister Antonio Tajani said upon arriving at the Rimini Meeting, responding to questions about his government colleague, Matteo Salvini, who yesterday also at the traditional CL event said that “breaking up Monte would be a crime.”
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“I am for the free market,” Tajani now replies, “there is no need for party banks. I am not interested in having a Forza Italia bank, but in having an efficient banking system. We support local banks, which are those that help 4 million small and medium enterprises, help families access credit,” as well as “we are interested in having a banking system that also has large banks that serve to support major international operations, that is, finance that can also help the internationalization of our entrepreneurial system.” But this is “a system, it is not up to politics to decide who must do what.”
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Strongly opposed to windfall profit taxes, it sounds like the Soviet Union
“I believe it is possible to work by discussing and confronting the industrial world, especially in the hydrocarbon sector. I am strongly opposed to any hypothesis of windfall profits, of taxes. When I hear the word taxes, I get hives. A discussion, a contribution is right to be given, as we have done with banks, with insurance companies. There must be an agreed discussion in a difficult moment also by companies in the sector. But I do not want to hear the word windfall profit, which sounds very much like the Soviet Union to me.” This was said by Deputy Prime Minister and Foreign Minister Antonio Tajani.
