EVENTS:   Acceleration in the Energy Transition - David Scott/CHA-AM Advisors - 12 May 26     ROADSHOWS: Consumer Research & Industry Trends focused on US Retail, E-Tail, and Consumer Products Companies - Scott Mushkin /R5 Capital   •   London   07 - 08 May 26       US Equity Short Research & Strategy - Zach Shannon /Corto Capital Advisors   •   New York   18 - 19 May 26       Investing in Constraint: Governance, Scarcity, and the Next Phase of the Energy Transition - François Boutin-Dufresne & Félix-A. Boudreault & Lenka Martinek /Sustainable Market Strategies   •   London   18 - 19 May 26      

Italy Macro and Politics - Reviewing Meloni’s 1st year and what to expect going forward?

Teneo

Wed 25 Oct 2023 - 15:00 BST / 10:00 EDT

Summary

Wolfango Piccoli provides an overview of Italian politics. He sees a divergence in Meloni's approach between domestic and international matters. Internationally, initial concerns arose when Meloni formed a coalition with parties including Forza Italia and Lega, known for ties to Moscow and Euroscepticism. She has however adopted a Euro-realist stance, maintaining constructive relations with European institutions and supporting Ukraine, despite coalition opposition. Domestically, Meloni's approach is more conservative and sometimes reactionary including measures against rave parties, promoting the Italian language, banning laboratory-grown meat, and implementing anti-LGBT measures. The opposition remains weak and divided, strengthening Meloni's government. Challenges ahead involve migration and economic concerns, particularly related to the EU recovery fund and structural reforms. The European elections will be a test of Meloni's popularity.

Topics

Meloni’s balancing act: Reassuring foreign allies while pursuing futile culture wars at home

A veneer on stability but no action in dealing with Italy’s long-term economic problems

The 2024 budget: Meloni’s first meaningful test

A more restless coalition to manage ahead of the European Parliament elections (June 2024)