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Italian banks, insurers and CDP to help fund 2027 budget

Original: Italian banks, insurers and state lender CDP will help fund 2027 budget, deputy PM says

Italy's deputy prime minister has said that the country's banks, insurers and state-owned lender Cassa Depositi e Prestiti will contribute to financing the government's 2027 budget. The announcement signals that Rome plans to draw on the domestic financial sector to help close funding gaps, a move likely to draw scrutiny over how the burden will be shared among lenders and policyholders.

Why now: The involvement of banks, insurers and the state lender in public budget financing raises questions about costs for the financial sector and Italy's fiscal strategy.

ItalyCassa Depositi e PrestitiItalian banksItalian insurers

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• Italian banks, insurers and state lender CDP will help fund 2027 budget, deputy PM says · Reuters

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