A hypothetical intervention by the Italian state in the capital of Stellantis would be very expensive (over 6 billion euros) but could not even remotely influence the strategy of the Italian-French car manufacturer, given that the majority is firmly in the hands of the current shareholders
The State Property Office opens up to private individuals in the management of abandoned sites. The concession is an effective tool
When police officers or managers make mistakes, they deserve "exemplary punishments" but one cannot generalize. It would rather be time for Interior Minister Piantedosi to wake up and start a serious dialogue with the police
The Italian State in the capital of Stellantis to defend its presence in Italy? It is not the case, replies President John Elkann because "States enter companies only when they go badly but Stellantis achieved the results in 2022…
The search for the truth in the face of the serious deviations of elements of the State on the occasion of the massacres of the 70s and 80s was the strong appeal of the President of the Republic on the occasion of the anniversary of the assassination of Aldo Moro
Pasinetti, who died at the age of 93, was not known to the general public but he was one of the greatest economists of our time, an academic of the Lincei, a convinced Keynesian and far from the mainstream: he really would have deserved the Nobel for his original contribution…
On the Stock Exchange, the Tim stock is constantly on the swing due to the effect of speculation fueled - in the silence of Consob - by the undue interference of politics and in particular of the right wing of Giorgia Meloni - The speculators smile but to whom will they present the…
In the agile volume "Welcome back to the state, but", published by Il Mulino, the president of the Constitutional Court Giuliano Amato talks about the end of the liberal infatuation but delves into the risks inherent in a large-scale return to the role of the state if they are not avoided…
Autostrade per l'Italia (Aspi) passes from the Benettons to the CDP, i.e. to the State, with two international funds alongside. It is the consequence of the tragedy of the Morandi Bridge
The 8 billion transaction for the transfer of 88% of Autostrade to the CDP-Fondi consortium can be considered substantially concluded – The news triggers Atlantia's share on the Stock Exchange
According to the latest report on state shareholdings carried out by the Comar Study Center, in 2020 the aggregate turnover of the 33 largest publicly-owned companies fell by 19,8%, while the overall result is a loss of over 4 billion -…
According to Euler Hermes, 7%, 13% and 15% of SMEs in Germany, France and the UK respectively will be at risk of insolvency over the next four years. Automotive, transportation, utilities, retail, construction and energy i…
INTERVIEW with TITO BOERI, director of the Trento Festival of Economics - "Public intervention made sense in a pandemic but now a retreat is needed, especially in the economic sector". "No to a new IRI and the CDP must have a different role". "There…
"We need to re-evaluate the role of the state while preserving all the characteristics of a democracy based on a market economy": this is what Innocenzo Cipolletta argues in his new book "The new normality", published by Laterza
Leonardo Del Vecchio built Luxottica piece by piece with entrepreneurial vision and courage, finally merging with the French Essilor but avoiding winning big - In the new group, which has a leading global role, the presence…
Unlike the years of the economic miracle, large private companies no longer exist in Italy and there are no more entrepreneurs of the caliber of Sinigaglia and Valletta - Establishing the exact boundaries between the State and private companies…
Another 400 million euros of all citizens to burn in the Ilva of Taranto: it is the entrance ticket that the State will have to pay through Invitalia - But with what strategy and with what management skills? - You don't…
More than 40 years after the establishment of the National Health Service, it is time to take stock of the State-region organizational model and to correct its serious defects by acknowledging the fact that regional autonomy has not guaranteed uniform health protection, as…
The presence of the State in the economy is expanding even further: the August Decree surprisingly allows Invitalia to take shareholdings, albeit minority and temporary, in SMEs - But if the conditions and limits are not clearly clarified…
In times of neo-statism, the economist Mariana Mazzucato, adviser to Prime Minister Conte and close to Cinque Stelle and Leu, wrote an article in the New York Times - which we reproduce in full - to advocate the establishment of a citizens' dividend...
The sirens of the entrepreneurial state and above all of the IRI model are once again hovering over Italian politics - But is this really what our country needs today? Here's what the true story of public enterprise in Italy tells us
A recent intervention by Mariana Mazzucato on the role of the State in the economy to face the post-virus challenges contains many suggestions but raises many perplexities for the overly extensive and too invasive functions that are proposed to the State itself -…
On January 15, 1993, about 7 months after the Capaci massacre, the great mafia boss was arrested by the Carabinieri ROS in Palermo. It was a turning point in the fight against mafia crime. Here is the list of all the convictions of…
In his new book "The future is not a dead end" the President Emeritus of the Constitutional Court, Franco Gallo, highlights the compression of social rights in the era of globalization but what undermines Welfare is above all the drift of…
"The future is not a dead end - The state between globalisation, decentralization and the digital economy" is the new book by the President Emeritus of the Constitutional Court, Franco Gallo which is being presented this afternoon at the Luiss in Rome
The topicality of Keynes's General Theory, presented at the Lincei in Meridiano edited by La Malfa, lies in the balance between the market, whose excesses need to be corrected, and the State, which does not mean limitless public spending, managed by a political class…
A sensational decision by the Court of Cassation has imposed the obligation on the State to pay the IMU and ICI to the Italian Municipalities on the owned properties that house the central administrations of the Republic. The bill will be very salty
Appeal to the number one of the Treasury to protect the independence of state technicians threatened with purge by the majority parties, starting with the governor of Bank of Italy, the president of INPS and MEF technicians - The list of signatories of the appeal - …
On Wednesday 25 October, the Monte dei Paschi stock is back on the stock exchange listed in Piazza Affari - After the precautionary recapitalization that will make the State the first shareholder of the Sienese bank, Consob has given the definitive go-ahead for the listing…
Monte dei Paschi is also in the red in the first six months of the year due to the strong devaluations for previous losses - But the entry into the capital as majority shareholder opens a new chapter in the history of the oldest bank…
As a result of the precautionary recapitalization of approximately 8,3 billion, the current share capital of Banca Monte dei Paschi is equal to approximately 15,7 billion, divided into 1,14 billion shares: the Treasury has 53%, destined to rise to 70%…
If within two weeks 80% of the 169 shareholders of Banca Popolare di Vicenza and Veneto Banca have not adhered to the proposal to compensate for the losses suffered, thus eliminating a very significant unknown factor on the bailout, European regulations prevent…
The international banking system is too concentrated in a few very large intermediaries with excessive power and the financial system needs to be better regulated but there are too many clichés circulating on markets and finance: it has not been demonstrated that their development undermines…
Mps fails the capital increase: it is saved by the Treasury which will become the first shareholder and will protect savers 100% - Then it will be the turn of the other banks in difficulty - The government is also contemplating securing Telecom Italia through…
