# Giorgetti Open to Budget Amendments Provided They Are Fully Funded Economy Minister Giorgetti distinguishes between structural pillars and negotiable partitions in budget discussions. - **Source:** [Il Sole 24 Ore – Italia](https://www.ilsole24ore.com) - **Published:** 2026-11-12 - **Topic:** [politics](https://brifing.si/c/politics) - **Original article:** - **On Brifing:** https://brifing.si/s/0d744edc-a996-4062-99fd-8d835ce6d8a5 ## Budgetary Flexibility Limits Economy Minister Giancarlo Giorgetti confirmed that the government is open to parliamentary amendments regarding the current budget proposal. However, he emphasized that any proposed changes must be fully funded to ensure fiscal stability. He explicitly stated that while minor adjustments are possible, the core structural pillars of the legislation remain non-negotiable. ## Architectural Budget Metaphor Using a construction analogy, Giorgetti distinguished between load-bearing walls and partition walls. He argued that the fundamental fiscal framework acts as a load-bearing structure that cannot be altered without risking collapse. Conversely, he suggested that secondary measures, or partitions, could be modified if alternative funding sources are identified by lawmakers. ## Superbonus Fiscal Impact Addressing criticism from Intesa Sanpaolo CEO Carlo Messina, Giorgetti defended the ten-year amortization of the Superbonus. He noted that the state absorbed 140 billion euros in costs, preventing a higher debt-to-GDP ratio. Without this intervention, he claimed the ratio would have dropped to 132 percent, highlighting his commitment to fiscal responsibility. ## Opposition and Banking Relations Giorgetti challenged the opposition regarding their proximity to banking interests, suggesting they propose their own solutions for the remaining legislative term. He defended his 'Habsburg-style' approach, which prioritizes strict budgetary discipline. He expressed a willingness to accept responsibility for past errors while maintaining his current course of fiscal management. ## One-Off Measures Evolution Responding to concerns about the prevalence of one-off measures in the budget, the minister noted that similar criticisms were raised in previous years. He observed that many temporary policies eventually became structural over time. He expressed hope that current measures might follow a similar path depending on future political and economic developments. ## Demographic Crisis in Education During the hearing, Giorgetti addressed questions regarding funding cuts to the education sector. He attributed the reduction in resources to the country's declining student population, describing the situation as dramatic. The minister indicated that the school system is effectively shrinking due to demographic trends rather than purely discretionary policy decisions. ## Parliamentary Negotiation Dynamics The ongoing discussions involve various parliamentary forces, each bringing their own sensitivities to the table. Giorgetti emphasized that the legislative process is inherently collaborative, provided that the fundamental budgetary constraints are respected. He remains open to proposals that do not compromise the overall integrity of the government's financial plan. ## Fiscal Policy Outlook The minister's stance underscores the tension between political demands and the necessity of maintaining state balance sheets. By drawing clear lines between negotiable and fixed elements, Giorgetti aims to manage expectations for the remainder of the legislative session. The focus remains on balancing immediate political pressures with long-term fiscal sustainability. ## Sources covering this story - https://www.ilsole24ore.com/art/manovra-giorgetti-aperti-modifiche-ma-non-muri-portanti-AJYYHOEC — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._