Abi, Patuelli sends a message to the government: “Profits should not be confused with extra profits”
Anthony Patuellipresident of the Abidoesn’t want to hear any more about tax on people extra profits. The data in his possession indicate a favorable situation for the banks, both on the side of workers and on that of businesses and therefore “sacrifices” are not necessary. Patuelli goes into even more detail: “Gli interests paid by credit institutions, or the share of taxes on financial returns, increase by 296%, going from 1 billion and 82 million to 4 billion and 289 million. This means that the banks have increased the interest paid by 4 times.” Then Patuelli turns to the government: “There are no extra profits. Minister Salvini – explains Patuelli to La Stampa – spoke about 40 billion of extra profits, but that’s not the case, those are the profits. I agree with the Minister of Economy when he talks about article 53 of the Constitution and the text is clear. This article says that taxes are progressive with respect to incomeor in the case of companies, profits. It’s not that Article 53 says that you have one rate and I have another. We have millions of aware shareholder savers.”
Patuelli also addresses the issue relating to the operation of Unicredit in Germany with Commerzbank: “Italy – continues Patuelli to La Stampa – is the country of the European Union that it is more open to foreign banks. Secondly European banks are not international banks: they are part of the same market and consequently the authority of supervision they authorized them and everything happened in absolute serenity. It’s not that we’re in a new scenario. The Unicredit issue in Germany is a test bed for the Banking Union. The Banking Union turns 10 on 4 November. We have one certainty: that the supervisory authority is based in Frankfurt and is unique for the entire Banking Union. She’s the one who decides, Parliaments and governments do not decide“.
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