Domestic Policy
Referendum: In view of the referendum on the Nordio reform, divisions within the judiciary are growing between those opposed to and in favour of the separation of careers and the new disciplinary framework. The Anm is leading the No campaign with the “Giusto dire No” committee, gathering broad support among serving and former magistrates, while a pro-reform front has formed under the SìRiforma committee. The financing of the campaign efforts is also at the heart of the debate, fueling new controversies between the parties.
Report Case: The centre-right continues its offensive against Report and its director Sigfrido Ranucci, with a parliamentary inquiry by Forza Italia calling the judiciary, Rai, and the government to account over the dossier of consultant Gian Gaetano Bellavia. The signatories demand clarification on the relationships between Bellavia, certain magistrates, and the programme, alleging improper use of judicial materials and questioning the management of Rai’s legal office. Ranucci rejects the accusations, describing them as attempts at delegitimisation linked to the programme’s ongoing investigations.
Foreign Policy
Greenland: European leaders have reaffirmed in a joint statement that the future of Greenland rests exclusively with Denmark and Greenland, rejecting pressure and threats of annexation from Donald Trump. While affirming the importance of security in the Arctic, Europe seeks to avoid a direct confrontation with Washington, keeping diplomatic channels open. However, signals from the United States suggest a strategy aimed at expanding the American military presence in Greenland, even without Danish involvement.
Ukraine Conflict: The Volenterosi summit in Paris has laid the groundwork for a possible security architecture for Ukraine, contingent on a ceasefire and the positions of Moscow and the United States. Macron speaks of tangible progress, while Zelensky demands legally binding American guarantees and an international monitoring mechanism for the truce. Italy reaffirms its opposition to sending troops without a UN mission, unlike France and the UK, which are prepared for direct engagement. Meanwhile, fighting continues on the ground, with civilian casualties and new Ukrainian attacks on Russian infrastructure.
Economy and Finance
Mercosur: The European Commission has proposed an amendment to the EU budget 2028–2034 to make up to €45 billion immediately available to support agriculture, in an effort to overcome resistance from France and Italy regarding the trade agreement with Mercosur. The initiative aims to ease tensions with the agricultural sector by complementing existing safeguards and strengthening an emergency fund. Brussels will now test the mood of member governments, aiming to secure political approval for the agreement in the coming days.
Pirelli: The Italian government is considering decisive intervention in Pirelli, including the possible freezing of voting rights for Chinese shareholder Sinochem, to prevent repercussions on the company’s business in the United States due to American restrictions on suppliers controlled by Beijing. Sinochem’s presence in the shareholding risks undermining the sale of Cyber Tyre technology in the US market, which is strategic for the group. Rome still favours dialogue, while speculation grows over a reshaping of the corporate structure with Camfin playing a central role.