Monthly Briefs

Monthly Brief on the Italian Political Economy – March 2025

LAST MONTH IN BRIEF

04/02 Minister for Enterprises and Made in Italy Adolfo Urso meets with the European Commission Executive Vice-President for Prosperity and Industrial Strategy and appreciates the centrality of the concept of technological neutrality for the automotive sector in the EU Competitive Compass

12/02 The Italian National Statistics Institute (ISTAT) publishes data concerning Italy’s industrial production in 2024 depicting a 7,1% decrease compared to 2023 (see our Graph of the month)

14/02 The Italian government welcomes the European Commission’s idea to exclude defence expenses from the Stability and Growth Pact and calls for the creation of common financial instruments to further boost investments in the sector

19/02 The Council of Ministers approves a decree law to tackle various functioning issues of the public administration. Among the provisions, there is the first allocation of €5 mln for the start of the AI Hub for Africa (see Deep Dive 1)

24/02 PM Meloni meets with the President of the United Arab Emirates in Rome. During the UAE president’s visit, the two governments sign agreements for $40 bln concerning various critical industrial sectors, ranging from AI to data centres and critical minerals (see Deep Dive 2)

25/02 The Italian government welcomes the signing of a memorandum of understanding between the Italian Saipem and the Norwegian Subsea7 to create a global leader company in energy engineering

27/02 PM Meloni meets with Joel Kaplan, Meta’s Chief Global Affairs Officer, for a discussion on possible new investments in Italy in the technological transition and the development of AI

28/02 The Council of Ministers approves a decree law to financially support families and enterprises against energy prices and a bill to start the process for reintroducing nuclear energy in the country

Read the full document