Monthly Briefs

Monthly Brief on the Italian Political Economy – September 2024

17/09 The Council of Ministers approves the decree for the partial privatisation of Poste Italiane, in the first significant move with the privatisation plan announced last year

18/09 Minister of Enterprises and Made in Italy Adolfo Urso signs the entry into force of a provision allocating €80 mln to support SME investment for the digital transformation

25/09 German Chancellor Olaf Scholz condemns Italian bank Unicredit's move on German Commerzbank, jeopardising a significant attempt to create an EU-wide financial player

26/09 Minister Urso presents Italy’s proposals for a European industrial policy at the EU Competitiveness Council, calling for a European Automotive Act

26/09 Italian Parliament starts the examination of the annual Competition Law, which includes provisions to boost investments in start-up and innovation projects

27/09 The Council of Ministers adopts the medium-term structural budget plan under new EU fiscal rules (see Deep Dive 1)

27/09 The Council of Ministers declares the project of a chiplet factory by Singaporean company Silicon Box (see LUHNIP March 2024 Monthly brief) of strategic interest, therefore enabling a faster authorisation and implementation timeline (see Deep Dive 2)

30/09 PM Meloni meets with Larry Fink, Chairman and CEO of BlackRock, to discuss BlackRock's possible investments in strategic sectors in Italy, such as data centres and infrastructures

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