Italy’s main employers’ federation, Confindustria, used its annual assembly to challenge both government and opposition to act together on tax burden and public spending reform. They want to put business back at the centre of economic policy and recommend a €20billion reallocation.
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Energy costs have become unsustainable for Italian industry, Confindustria President Emanuele Orsini said on Wednesday.
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Premier Giorgia Meloni said on Tuesday that completing the capital markets union is a crucial step that cannot be delayed. It is particularly important, she said, if Europe wants a financial infrastructure capable of stimulating private investment and supporting competitiveness.
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Prime Minister Giorgia Meloni told the Confindustria assembly in Rome on Wednesday that she plans to “correct” the EU Green Deal, claiming its current form is damaging to European businesses.
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The Confindustria research centre has downgraded its GDP growth projections following the tumultuous economic ride of the past three years. The organisations cautions the Italian economy is once again edging towards the modest growth rates that characterised it in previous decades.
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Confindustria President Carlo Bonomi on Monday called for a new government to take power as soon as possible. He also wants it to be realistic in its goals.
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