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[POLITICS] · Italy · 3 sources

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Letizia Moratti urges tax cuts and EU aid for Italian firms amid Hormuz crisis

Europarliamentarian Letizia Moratti of Forza Italia told a debate that Italy should prioritize pragmatic economic measures over ideological choices. She warned that the crisis in the Hormuz Strait could erode Italian competitiveness unless concrete support reaches businesses, workers and families. Moratti welcomed the European Commission’s decision to approve state aid for the auto‑transport sector, calling it a pragmatic move that helps contain diesel price spikes and curb inflation. She also highlighted the government’s 17‑cent per litre diesel discount, valid until 6 August, as a timely response to the energy emergency. Emphasising tax policy, Moratti argued that growth is fostered by reducing the tax burden—such as lowering IRPEF rates and easing taxes on bonuses—rather than introducing new levies.

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European Commission · Forza Italia · Letizia Moratti

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