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Here’s how Meloni threatens banks on Pos commissions

Here's how Meloni threatens banks on Pos commissions

Commissions, banks, Pos and more. Here is what the Prime Minister, Giorgia Meloni, said during the Rai Porta a Porta broadcast conducted by Bruno Vespa.

If the banks do not cancel the POS fees for the lower amounts, we will be able to consider those fees as extra revenue, tax them and use the proceeds of that tax to help merchants who have a problem paying with electronic money for low amounts.

This is the shocking concept expressed by the prime minister, Giorgia Meloni, during the Rai Porta a Porta broadcast conducted by Bruno Vespa.

Here's what he said exactly, not just about commissions and Pos.

MELONI'S THREAT TO BANKS ON COMMISSIONS POS

“I am not giving up dealing with this matter because in my opinion it is a matter of justice. We have made an amendment to the Budget Law which provides for a moral suasion for the actors to agree to zero bank commissions on electronic payments (I cannot impose it by law, banks being private companies and electronic money is private), to zero commissions below a reasonable, low amount. If this does not happen, I can consider those commissions as extra revenue, tax them and use the proceeds of that taxation to help merchants who have a problem with paying with electronic money for low amounts", said the Prime Minister, Giorgia Meloni, a guest of Porta a Porta, broadcast yesterday on Rai Uno.

RELATIONS BETWEEN MELONS AND GENTILONI

Europe file. The relationship with the EU commissioner Paolo Gentiloni – said the Prime Minister – is 'good but I have not agreed with him' to change the measures on the Pos, Meloni clarified. 'I am sure – she remarked – that it is not fair to require merchants who have to bear the cost in terms of bank commissions to accept electronic payments for very, very low amounts. Would anyone who pays for coffee with the Pos pay it anyway if the price of the bank commission were on the cost of the coffee? Probably not. There are merchants who do part of their work at a loss. I want to find a solution to this problem. Why couldn't it be done? Because Italy, with the previous government, decided that one of its objectives in order to have Pnrr money was the obligation to accept electronic payments for any amount. And since it was an objective that had already been achieved, the Commission's problem is not the merit of the measure but if the principle passes that I first take the installment of the money and then change the rule, it becomes a free-for-all”.

WHAT THE MELONI GOVERNMENT WILL DO ABOUT THE MONTH

Meloni reiterated that the bailout fund is "something in my opinion that is too little useful". And he underlined: “But we wonder why the Mes has never been used by anyone? Because the conditionalities are too stringent and because the Mes is a privileged creditor, that is, in the event of difficulty, it is the first to be repaid. So I would like to understand if there is a way for the Mes to be a useful fund and which does not risk putting a noose on it ”.

MIGRANT DOSSIER

In the management of migrants "we have often penalized the weakest" and "those we welcome are trivially those who have the money to give to smugglers, the others don't. I don't think it's a smart way to handle the problem of refugees and migrants,” Meloni said.

CHAPTER BANKS IN THE MANEUVER

There is a cap on the salaries of the managers of the banks saved through state intervention. This is what is foreseen – as Il Sole 24 Ore underlines today – an amendment by the rapporteurs to the manoeuvre, approved in the Budget Committee of the Chamber. And so starting from 2023 the salaries of the top management will not be able to exceed the economic treatment of the first president of the Court of Cassation, which is established in the gross figure of around 240 thousand euros (equal to 18,461 euros for thirteen months). In fact, the text provides for limits to be placed on the remuneration of the top management bodies of the banks subject to State intervention for capital strengthening pursuant to decree-law no. 237 of 2016. For offices conferred starting from 1 January 2023, the annual salary cannot exceed the salary of the first president of the Court of Cassation.


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/ecco-come-meloni-minaccia-le-banche-sulle-commissioni-pos/ on Fri, 23 Dec 2022 09:38:23 +0000.