Monthly Briefs

Monthly Brief on the Italian Political Economy – January 2024

LAST MONTH IN BRIEF

10/1 The Italian Communications Authority (AGCOM) approves new, more stringent rules for social media influencers in an attempt to impose more transparency


11/01 The law for the enhancement and protection of so-called “Made in Italy” industries enters into force (see deep dive 1)


11/01 The Minister for Enterprises and Made in Italy presents to Parliament the government's investment plan for Italy’s troubled steelmaking plant in Taranto (ADI), anticipating a return of the state as a majority shareholder (see deep dive 2)


16/01 The NRRP steering committee convenes to review progress towards the 113 milestones and targets required for the sixth and seventh instalments of Italy’s NextGenEU plan, which would unlock almost €30bn of new funding from the European Commission


17/01 Government authorises the sale of TIM’s fixed assets to American private equity firm KKR, in an important next step to facilitate the potential future creation of a single fixed network company in the country (see deep dive 2)


17/01 PM Meloni receives Bill Gates at Palazzo Chigi, as part of a series of meetings focused on Artificial Intelligence


24/01 Economy and Finance Minister Giorgetti announces plans for partial privatisations of some state-owned companies at Davos summit


23/01 The Senate approves the devolution bill ("autonomia differenziata"), in the first of two parliamentary approvals needed for a reform that would pave the way for significantly greater autonomy of Italy's regions


29/01 Government unveils its €5.5bn plan (Mattei Plan) for strategic investments in the African continent, presenting it to a vast group of international and supranational organisations

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