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Giorgia Meloni's government and Confindustria (the Italian employers' federation) are clashing over the new tax decree approved by the Council of Ministers on March 27. At the heart of the controversy is the revision of the tax credit linked to the Transition 5.0 plan, which businesses say risks penalizing those who had already invested. The criticism was raised by Confindustria Vice President Marco Nocivelli, who described the measures as "very penalizing" for companies that had booked the bonus between November 7 and 27, 2025. The decree introduces a 65% cut in the incentive, which, according to industrialists, risks putting companies that had already made significant investments in difficulty, exacerbating liquidity problems in a delicate economic climate. Furthermore, among the most contested points is the exclusion of certain investments in renewable energy, particularly high-efficiency photovoltaic systems, which many companies had purchased under the previous rules. This decision, according to Confindustria, represents a break with the reassurances received in recent months from ministers Giancarlo Giorgetti, Adolfo Urso, and Tommaso Foti. The government, however, has taken a different stance. Economy Minister Giorgetti has spoken of the need to reassess priorities in light of an "external shock" that requires selective decisions on how to allocate public resources: from energy-intensive companies to the transportation sector, to excise tax measures. To avoid an escalation in relations with the manufacturing sector, the government has opened the door to the possibility of a discussion. Palazzo Chigi has announced its intention to shortly initiate discussions with the affected sectors in an attempt to mend the rift. This request has also been forcefully echoed by Confindustria President Emanuele Orsini, who emphasized the urgency of re-establishing dialogue: trust between institutions and businesses, he warned, cannot be undermined.
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