(ANSA) - ROME, MAY 8 - Economy Minister Giancarlo Giorgetti compared the Superbonus scheme for energy-efficiency building renovations to the 1963 Vajont dam disaster on Wednesday and stressed the current administration was not to blame for its spiraling cost.
    The Superbonus programme, introduced by a previous government headed by M5S leader Giuseppe Conte in 2020, covered 110% of the cost of certain renovations.
    It has cost the State many times more than initially forecast.
    As of 31 March, the total burden borne by the state for the Superbonus exceeds 122 billion euro, according to official data.
    The scheme has been significantly curtailed by the current government but the cost keeps growing.
    Among other things, the government ended the so-called 'invoice-discount' ('sconto in fatture') system under which people could use credits from the State to pay for the renovations. (ANSA).