Domestic Policy
Head of State: In the traditional year-end meeting with the diplomatic corps, Sergio Mattarella delivered a stern speech, denouncing the crisis of the international order. The President identified the Russian war against Ukraine as the factor undermining the prospects of the UN’s 2030 Agenda and highlighted the attempt to build a new order based on domination, violence, and inequalities, which must be firmly rejected. Mattarella also issued a strong warning against the use or threat of nuclear weapons, describing them as a crime against humanity.
Strike: The general strike against the Meloni government’s budget plan, called by the CGIL, reportedly mobilized around half a million workers and pensioners across more than fifty demonstrations. Secretary Maurizio Landini criticized the approach of the budget, which he deemed constrained by European austerity and focused on rearmament, denouncing the limited dialogue with the executive. The CGIL reports an average participation rate of 68%, while the government downplays the strike’s impact, citing low percentages in the public sector and limited disruptions in transport.
Foreign Policy
Palestine: Palestinian Authority President Abu Mazen concluded his two-day visit to Rome with a meeting with Prime Minister Giorgia Meloni and participation in the Atreju festival, securing strong political support. The two leaders agreed on the need to consolidate the ceasefire and stabilize Gaza, with Meloni committing to play a leading role. Abu Mazen expressed his desire to live freely and with dignity in Palestine, reaffirming the importance of recognizing the State of Palestine and hoping for further dialogue with Italian political leaders.
Ukraine: Russia conditions any ceasefire proposal on the withdrawal of Ukrainian troops from the Donbass, rejecting Zelensky’s suggestion of a referendum on the territory, which Moscow considers an integral part of the Russian Federation. The Ukrainian president, during a visit to Kupyansk, emphasized the importance of military results to advance diplomacy. In this context, Turkey proposes targeted ceasefires in strategic areas to foster gradual trust-building. Ankara opposes the confiscation of frozen Russian assets, currently under discussion in Europe, while the Russian Central Bank announces legal challenges against their use.
Economy and Finance
Budget Law: The debate on the budget now focuses on introducing a €2 tax on packages from outside the EU, along with a €3 tariff announced by Ecofin, both aimed at curbing imports from China. Opposition parties criticize these measures, considering them harmful to consumers. The budget continues its passage through Parliament, with votes imminent. Meanwhile, discussions are ongoing regarding the reform of Bankitalia’s gold, the possibility of extending hyper-depreciation for companies until 2028, and measures concerning ISEE and first homes. There are also objections to cuts in funding for television and publishing, while fiscal and business support measures are being prepared.
Ilva: Following Flacks Group, Bedrock Industries has also submitted an offer for the former Ilva, which will be evaluated by the special commissioners. Flacks’ “jobs-saving” proposal would secure 8,500 jobs, with the state holding a 40% stake and investments up to €5 billion; for this reason, its candidacy appears favored, with a production revival plan and public-private involvement. Unions and local authorities are demanding greater state involvement, while employment and political tensions in Taranto remain high. The final decision is expected on Monday, amid intense scrutiny over the industrial and employment future of the region.