
07 September 2025
Giorgetti: 'No corrective manoeuvre needed. GDP at +0.6% in 2025".
Minister Urso announced new structural instruments for companies. A meeting with Stellantis CEO Filosa and Anfia is scheduled for tomorrow. Government colleague Valditara emphasised that with Agenda Sud we are improving on learning and dispersion.
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7 September 2025
Giorgetti: defence expenditure to be assessed, impact on manoeuvre
The impact of the increase in military spending on the government's economic manoeuvre is 'still to be assessed'. This was stated by Economy Minister Giancarlo Giorgetti at the Teha forum in Cernobbio. Giorgetti explained: 'Compared to the path that provides for interventions in favour of families and businesses to alleviate the tax burden, a new, absolutely detestable variable has been added, such as the escalation of the war between Russia and Ukraine, with the request for an increase in defence spending. The latter implies increased pressure on public accounts, which we have to evaluate. Let us hope that it does not compromise our objectives in terms of economic policy and politics in a broader sense'.
7 September 2025
Giorgetti: no corrective manoeuvre needed this year
"As we have always done over the past three years, I work seriously and pragmatically on the basis of the available data. We have adopted a method of seriousness, responsibility, and prudence that is paying dividends for the accounts and for businesses. We are on the European scene, the ones that are complying with the rules most punctually. We will continue in this direction'. This was said by Economy Minister Giancarlo Giorgetti at the Teha Forum in Cernobbio. Giorgetti added: 'The Budget Law was the law of corrective manoeuvres and sacrifices, the news is that no corrective manoeuvre is needed this year'.
7 September 2025
Giorgetti: growth forecast 0.6 % in 2025
"The economy has slowed down somewhat, but we had taken this into account and advised us to scale back growth to 0.6 per cent: I believe that our forecasts can be accepted," he said. So said Economy Minister Giancarlo Giorgetti, in Cernobbio (Como) for the Ambrosetti Forum.
Giancarlo Giorgetti (Ministro dell’Economia e delle Finanze) in videoconferenza in occasione della terza giornata del 51° Forum Ambrosetti “Lo scenario attuale e futuro delle strategie competitive”. Cernobbio, Italia, 7 settembre 2025.
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7 September 2025
Zangrillo: towards 150,000 recruitments, PA grows
The Italian public administration has experienced 'dramatic years', suffered a turnover freeze and lost 300,000 people. Now the situation has changed: in 2023-24 450 thousand people have been hired and in 2025 there will be another 150 thousand. This was stressed by the Minister for Public Administration, Paolo Zangrillo, speaking at the Teha Forum in Cernobbio. Zangrillo added: 'We have digitised our competition procedures, it used to take us two and a half years to hire a civil servant, now we have moved to four months. The news is that for the first time the Pa is growing. I found the Pa on a rather dangerous slope: 6 hours a year was the average training time, now we are at 36 hours and the goal is to reach 40 hours a year'.
7 September 2025
Energy, Gozzi: intervene on price not with orations but with actions
"The price of energy is the main issue: Europe pays much more for it than the US and China. Within Europe, Italy is the one that pays the highest bill. We must take action, because when we talk about the competitiveness of companies, we cannot just talk in terms of orations, we must take action'. This is what the president of Federacciai, Antonio Gozzi, said in connection with Adnkronos at the Teha forum in Cernobbio.
7 September 2025
Urban planning, Nordio: arrested and released is not a good image for justice
"The seven people arrested in Milan during the last investigation were arrested by order of the Gip, at the request of the Prosecutor and released by the Court of Freedoms. They would not have been arrested if my reform had come into force, because the pre-trial detention would have been issued by the collegiate court. You have seen: now everything is being paralysed as a result of these investigations, investigations that are due, but having people who are arrested and after 10 days are released does not look good for the image of justice'. This was stated by the Minister of Justice, Carlo Nordio, speaking at the Ambrosetti Forum in Cernobbio, in the panel entitled 'The Agenda for Italy', moderated by the editor-in-chief of Il Sole 24 Ore, Fabio Tamburini.
7 September 2025
Zangrillo: meeting with trade unions on contracts in 10 days
The Minister for Public Administration, Paolo Zangrillo, will meet with the unions 'in the next ten days, both for the local authority contract and the education contract' and has good feelings about the possibility of closing these contracts, because 'the dialogue that we have begun in the last month and a half with the unions makes me think that this opportunity actually exists'. The minister said this in a video interview with Ansa, on the sidelines of the Cernobbio Forum. Zangrillo added: "We have renewed most of the contracts of the 22-24 round thanks to the huge resources that the government has invested, 20 billion in two years. We still have a refractory CGIL, but I must say that Uil's attitude is changing. We are missing two contracts, education and local authorities, and I trust that within a few weeks we will be able to close those too'.
7 September 2025
Banks, Schlein: Extra-profits tax? Let's see what the government proposes
On a possible tax on banks' extra-profits, also raised by Angelo Bonelli of AVS, for Elly Schlein "we must first see what the government brings to the table, because I remember that the last time they talked about a tax on bank extra-profits in the end the government basically made a time loan to the banks. So,' the PD secretary concluded on this point, on the sidelines of the TEHA Forum in Cernobbio, 'we have to see what they bring to the table'.
7 September 2025
Salvini: 204 billion plan in works, from railways to water
In Cernobbio, the Minister of Transport and Infrastructure presented a plan with '204 billion in investments' in public works. "This," he explained, "is 10% of GDP and ranges from energy to railways, from technological development to metropolitan cities, without neglecting regional rail networks, safety, and accessibility to stations. Salvini also spoke of a 'water plan' to manage the 30 billion cubic metres used annually in Italy. "We asked all the territories to present us with projects that had been closed for years in the various drawers and we collected proposals for 12 billion interventions. Already today,' Salvini added, 'we have financed 62 water works with 950 million euro'.
7 September 2025
Salvini: with Ponte you will pay 7 euro to go to Messina
"Whoever wants to go to Messina by car today pays 42 euro, whoever wants to go in 2032, this deadline the engineers gave me, will take 15 minutes instead of three hours paying 7 euro instead of 42". This was emphasised by the Minister of Infrastructure, Matteo Salvini, during his speech at the Ambrosetti forum being held in Cernobbio.
7 September 2025
Olympics 2026, Salvini: 4 billion invested, 800,000 tickets already sold
'Nearly 4 billion have been invested for the Milan-Cortina Olympics, 2 million visitors are expected with 800,000 tickets already sold. We are reasoning about the aftermath, to avoid the drama of the post great event'. This was stressed by the deputy prime minister, Matteo Salvini, in Cernobbio (Como) for the Ambrosetti forum.
7 September 2025
Education: up to 48 billion GDP if Italy closes poverty and gaps
In 2024 almost one Italian in four (23.1%) was at risk of poverty and social exclusion - one of the highest values in Europe - with 1.3 million minors already living in absolute poverty (+47% in the last ten years). According to estimates, if Italy were to align itself with the best European practices in terms of inclusion in education, it would be possible to create up to 48 billion euro of additional GDP and reduce the number of people in poverty and social exclusion by about 2 million. This is what emerges from the preview of the strategic study on the fight against educational poverty, promoted by Teha with the contribution of Fondazione Crt and presented today at the Teha Forum in Cernobbio.
7 September 2025
Bernini: two billion invested in student halls of residence
"Forty per cent of students now attend Italian universities for free. We have invested two billion euro, between public funds and Pnrr, in student halls of residence, our target was 60 thousand beds in three years'. So said Anna Maria Bernini, Minister of Universities and Research, at the Teha Forum in Cernobbio.
7 September 2025
Urso, measures on banks? We will act with responsibility and pragmatism
"We will also act with the sense of responsibility and pragmatism that characterises this government. The measures, when and if they are implemented, will be announced by the government. I would avoid premature debates'. This was said by the Minister for Enterprise and Made in Italy Adolfo Urso in an interview with Class Cnbc on the sidelines of the Cernobbio Forum.
7 September 2025
Stellantis, Urso: tomorrow I will meet Filosa and Anfia
"In his interview with Il Sole 24Ore Filosa said that the meeting with the government will be held in the coming days. As far as I am concerned I will meet with him tomorrow and on the same day I will also meet with the Anfia association'. This was stated by the Minister for Enterprise and Made in Italy, Adolfo Urso, to Tgcom24 at the Ambrosetti Forum in Cernobbio. The minister commented positively on the words of the Italo-French carmaker's number one released to the Sun: 'With the new governance that has brought discontinuity with the past, Stellantis is back with its head in Italy and has espoused the positions of the Italian government that it first brought to Europe: that is, technological flexibility and therefore not just electric. Finally, the European carmakers and Stellantis are also in tune with the Italian government's proposals'.
7 September 2025
Salvini: if contribution banks will be proud
"If a part of the 46.5 billion in profits" of the banks "that derive from state guarantees, if a small part of these enormous accumulated assets returns to the circuit of families and businesses, I think the banks themselves can only be proud". This was said by the Minister of Transport and Infrastructure, Matteo Salvini, in an interview with Class Cnbc on the occasion of the Abrosetti Forum being held in Cernobbio.
7 September 2025
Salvini: flat tax hypothesis on employee payrolls
"The flat tax is stuck at EUR 85,000 by Brussels and we are working on removing this constraint. The more you raise the ceiling, the more incentives to produce and the more the state collects. We are reasoning on how to extend the flat tax schemes to part of the salary of employees,' he said. This was said by the Minister of Transport and Infrastructure, Matteo Salvini, at the Abrosetti Forum being held in Cernobbio.
7 September 2025
Valditara: Agenda Sud improves dispersion
"On Tuesday morning I will be connecting with the OECD to tell them about the results of the Agenda Sud, which has yielded extraordinary results with an increase in learning in the schools covered by the agenda that is more than double the others. We have identified the right path to combat early school leaving. These are objective results and it is a source of great honour that the OECD has invited Italy to illustrate this strategy'. So said Education Minister Giuseppe Valditara, arriving at the Teha Forum in Cernobbio.
7 September 2025
Government promoted by 80% Teha forum audience
More than 80% of the audience at the Ambrosetti Forum currently taking place in Cernobbio (Como), Italy, praised the Meloni Government's policies. Of the more than 200 managers and entrepreneurs interviewed, on a scale of 1 to 9 (from very negatively to very positively), more than 80% positively judge the work of the Meloni government at mid-term. Compared to the opposition, the performance is judged negative by a large majority of more than 70%.
6 September 2025
Alfredo Ambrosetti, founder Cernobbio Forum, died
Alfredo Ambrosetti, the founder of the Cernobbio Forum, now in its 51st edition and taking place these days at Villa d'Este, has died. Ambrosetti was 94 years old. He was born in Varese on 25 June 1931 and was the founder in Milan of one of the first business consulting firms in Italy, Studio Ambrosetti. In 1974 the idea of the Forum was born. In 1975 the first edition.
6 September 2025
Urso: Orsini visa, new structural instruments for enterprises
"I met with Confindustria president Orsini a few hours ago at the ministry. A work site has begun with the aim of achieving, in the budget session, the necessary interventions both in terms of financial resources and simplification of procedures that will allow us to better support the industrial system," This was said by the Minister of Enterprise, Adolfo Urso, at a press point on the sidelines of the Teha Forum in Cernobbio. Urso added: 'As far as Transition 5.0 and 4.0 incentives are concerned, we are thinking of creating a new instrument that can be implemented with national resources and in a structural and continuous manner so as to facilitate use by companies.
6 September 2025
Car incentives, more time possible to evaluate areas
The incentives for electric cars were expected by the end of September, but it is not excluded that it could still take a month, a month and a half. ISTAT is currently reviewing the definition of commuting routes for large areas - the subsidy will in fact only come to large metropolitan areas and commuter routes - and the government will soon assess whether to proceed with the current maps or wait for the ISTAT elaboration. In this case, the timeframe could be somewhat longer. 'We are evaluating,' Environment Minister Gilberto Pichetto Fratin told Ansa on the sidelines of the Teha Forum in Cernobbio. 'We are practically ready and if the changes are few, we could decide to proceed with the areas already defined.
6 September 2025
Europe, Brunetta: domestic demand must be boosted
"For Europe there is no more time, otherwise we risk irrelevance. But what to do? Where to start? As linguists say, we need a semantic compression, to find the fundamental message, which indicates the real priorities. The key is to boost domestic demand very strongly. This is good debt. Because if Europe gives itself a large budget to boost domestic demand, the relationship with the US would be rebalanced, European savings would be directed not towards American debt but towards the European market, and we would have more growth, more competitiveness, more cohesion, more attraction of human capital, more investment. The things to do have already been told to us by Monti, Letta and Draghi. This is the leap to make'. So said the president of the Cnel, Renato Brunetta, speaking at the Teha Forum in Cernobbio.
6 September 2025
Tariffs: Fitto, agreement implementation will improve it, news in the hours ahead
On US-EU tariffs, "some further news has arrived in these hours" in relation to "the implementation that is being developed" that "could further improve this type of work" and "strengthen" the agreement. Thus the executive vice-president of the EU Commission, Raffaele Fitto, speaking at the Ambrosetti Forum underway in Cernobbio. Therefore, according to Fitto, on the one hand as Europe we must focus on the "concreteness of the best possible agreements" and on the other on the "possibility of expanding the scope of trade" of the Old Continent with other countries.
6 September 2025
Pichetto, 90% storage, fairly quiet for winter
"We are looking at autumn and winter and I must say that we are quite calm on storage. Definitely calm on national storage, we are almost 90 per cent,' he said. This was stated by Italy's Minister for the Environment and Energy Security, Gilberto Pichetto Fratin, on the sidelines of the Ambrosetti Forum in Cernobbio. Regarding the price of gas, the minister stressed that 'for Europe, the level of storage for the winter is important, but then it depends on the pipelines. If they all work, there should be enough peace of mind and this should also affect the price'. On the possibility of increasing the supply of LNG from the US, Pichetto replied: 'it depends on the price. The US is currently offering gas on the market at a fairly competitive price. There is less risk in having it from the West than in having it from the East. Not least, there are important operators at a national level that have turned to the US and are doing everything they can to facilitate us'.
6 September 2025
Pichetto, I am thinking of postponing the date for the closure of coal-fired power stations
"I am thinking of postponing the date" for the closure of coal-fired power plants in the country, initially scheduled for 31 December 2025. This was stated by Italy's Minister for the Environment and Energy Security, Gilberto Pichetto Fratin, on the sidelines of the Ambrosetti Forum in Cernobbio. "I said it very clearly: we no longer produce electricity from the coal-fired power plants, Brindisi and Civitavecchia, which according to forecasts were not only to cease at the end of 2025 but to be dismantled. The decommissioning forecast was a decision made at the end of the previous decade, i.e. 2017. It is clear that compared to then we have war in Europe, a difficult situation in the Mediterranean, international balances that move from hour to hour. Therefore I have said that I no longer intend to dismantle coal-fired power plants on the continent but to keep them as reserves for emergencies. I believe that no one today is able to guarantee safety and that can be an element that guarantees it,' he added.
6 September 2025
Mattarella: strength of EU democracies not to succumb to autocracies
"The democracies of Europe are capable of finding within themselves motivations and initiatives not to succumb to the fable of a superiority of autocratic regimes, not to give in to the idea of a torn world, composed only of adversaries, enemies, vassals or clientes, nor to the idea of fragmented societies". So says President of the Republic Sergio Mattarella in his video message at the Cernobbio forum.
6 September 2025
Fitto: working on tariffs to improve agreement even more
On the subject of tariffs 'we continue on a path that is to improve this agreement more and more'. Thus the executive vice president of the EU Commission, Raffaele Fitto. "If the question is would you have preferred not to have tariffs, the answer is clear. The issue is that, under the given conditions, it seems to me that Europe has obtained an agreement that is certainly one of the best ever compared to the others that have negotiated with the US on the subject of tariffs,' stressed Fitto on the sidelines of the Cernobbio Forum.
6 September 2025
Calderone: tax relief to enhance workers' welfare
"We have to work and we will work to improve second-level bargaining in terms of strengthening and expanding the welfare tools to be made available to male and female workers and their families, and to broaden the thresholds of taxation that are already facilitated, including more items". This was stressed by the Minister of Labour, Marina Calderone, on the sidelines of the Teha Forum in Cernobbio. "When we talk about welfare," she added, "we are also talking about attention to family support, parenting, and the management of the moments when we have to distribute responsibilities in caring not only for children but also for non-self-sufficient family members.
6 September 2025
Scannapieco: working for a better and more efficient network
"We believe that the current structure is not the optimal one, so we continue to work to achieve an industrial structure of the network that is better and more efficient for everyone". Thus on the sidelines of the Cernobbio Forum, Cdp CEO Dario Scannapieco on the single grid.
6 September 2025
Edison: Monti, listing? Welcome, it would be good for us
"I believe that yes, an opening of the capital would be positive for us". So said Nicola Monti, Edison CEO, on the sidelines of the Ambrosetti Forum organised by The European House in Cernobbio, on the hypothesis that Edf will proceed with a new listing of its Italian subsidiary. "It is not our decision as management," Monti continued, "obviously I can only say that if there is a reflection in this sense, we are ready because if it were a capital increase we are already listed with savings so we already have all the organisation that complies with the requirements of Consob regulations.
6 September 2025
Cernobbio rejects the foreign policy actions of US President Donald Trump. During the "Country Focus USA" session at the 51st Teha Forum underway at Villa d'Este, 56.4% of the more than 200 managers and entrepreneurs present expressed a negative opinion. By contrast, 15.3% gave a positive opinion.
6 September 2025
Calderone, government working on wage measures
The government is working to encourage contractual renewals and to expand the thresholds and ceilings for subsidised taxation of second-level contracts. This was said from Cernobbio to the microphones of Tgcom24 by Marina Elvira Calderone, Minister of Labour, who, responding to a question on wages stressed: "I believe that there are interventions that are necessary at this point". The minister recalled that wages have lost purchasing power over the years 'but in the last three years we are regaining it: we need to stand by the companies and workers and we will certainly do so' The minister said that it is necessary 'to strengthen first-level bargaining, supporting good bargaining and the trade unions' ability to renew expiring contracts, giving support to renewals: we are working on this. On the other hand, we have to achieve that which promotes flexibility in the company, the second level and corporate welfare. Widening the thresholds and ceilings of subsidised taxation for the second level is one of the objectives that we will pursue in the coming months'. Then there is welfare, which is increasingly important, considering 'the fact that young people today look to work not only as the beginning and end of their lives, but to live a peaceful life'.
6 September 2025
Mattarella: economic and labour forces know decisive EU leverage
"Today more than ever, the forces of the economy and labour are aware that the European lever is decisive. There is a need for stronger European institutions, for governments capable of not giving in to dangers and regressions that are not ineluctable. Europe, with its civilisation achievements, is the witness that we can, and must, pass on to the new generations", says Sergio Mattarella in the video message sent to the Cernobbio forum. "The defence of European civilisation - at one with the development of its society and economy - requires the courage to take a leap forward towards unity. We are all called upon to contribute to this enterprise. Thank you for the contribution that the participants in the Forum will make,' he concludes.
6 September 2025
Dombrovskis: too many rules for businesses, unlock single market potential
"We need to accelerate work to unleash the true potential of the single market. This is particularly true for the still underdeveloped single market for services. We must recognise that EU businesses are subject to overly complex regulations and that excessive administrative burdens are holding back our economy. We must be determined to break down barriers and enforce laws to unlock the Single Market.
We must do more to integrate European capital markets and better channel our households' savings, estimated at 10 trillion euros, into productive investments that will ensure our future prosperity". So said EU Economy Commissioner Valdis Dombrovskis, at the Teha Forum in Cernobbio, during a panel at the symposium on Lake Como.
