Investing finances full#
Investing finances free#

Investing finances free#

'My aim is a state owned, non-vertically integrated network and private operators operating under free competition,' Meloni said. However, she believes it is the government's duty to shield nationally relevant assets and avoid takeovers from foreign groups.īrothers of Italy wants state lender Cassa Depositi e Prestiti (CDP) to take control of former phone monopoly Telecom Italia (BIT: TLIT) and manage its broadband network.

Investing finances full#

Meloni ruled out any intention to take full control of national energy groups Eni and Enel (BIT: ENEI) as the French government is aiming to do with EDF (EPA: EDF), saying the two companies are proving successful in their current shape. 'On the energy issue, the nations that are facing the greatest difficulties due to their past debts could be better helped,' she said. Meloni suggested the money needed to stem the impact of the energy crisis on business and families could be taken out of such calculations. Meloni said the EU stability and growth pact, which aims to keep budget deficits below 3% of GDP and public debt below 60% of GDP across the bloc, cannot be reinstated as it was before being put on hold in 2020 due to the coronavirus pandemic. She declined to answer a question on media speculation over a possible role in a future conservative government for ECB board member Fabio Panetta, but said he is a person 'of the highest standing'. 'It simply means explaining that the defence of the national interest is important to us as it is for the French and for the Germans.' 'We want a different Italian attitude on the international stage, for example in dealing with the European Commission, (but) this does not mean that we want to destroy Europe, that we want to leave Europe, that we want to do crazy things,' she said. Meloni, whose party has expressed anti-euro views in the past, is rushing to reassure markets and partners that if she becomes prime minister she will not usher in a era of conflict with European institutions. The first thing we would have to do would be the budget law and we clearly intend to make it within the parameters that are required,' she said. 'We have put down on paper a few things that depend on state accounts. The rightist alliance manifesto promised steep tax cuts, early retirement and amnesties to settle ongoing tax disputes, which look hard to implement in a country whose public debt is targeted at 147% of GDP this year. Investor bets against Italy's government bond market are at their highest since 2008, data from S&P Global (NYSE: SPGI) Market Intelligence suggests, in a sign of growing unease about Italy's economic and political outlook. Investors saw the former European Central Bank chief Draghi as a safe pair of hands and his resignation has spread uncertainty. Meloni's Brothers of Italy provided the main opposition to Draghi and polls suggest her conservative bloc, including the League and Forza Italia, is poised to win.

25 election was called in July after the collapse of Prime Minister Mario Draghi's national unity government. No responsible person, before having a full picture of the resources that can be invested, can imagine wrecking the country's finances,' she told Reuters in an interview in her office in parliament. The nationalist Giorgia Meloni, seen as the front runner to become Italy's first woman prime minister, said she wanted to focus on investments to boost Italy's chronically weak economic growth but pledged responsibility in managing its debt-laden public accounts. ROME (Reuters) - The Italian rightist alliance's ambitious spending plans will respect European Union budget rules and not blow a hole in the country's finances, the head of the party topping the polls ahead of a national election next month said. Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Closeīy Angelo Amante, Giselda Vagnoni and Crispian Balmer