Internal Politics
Referendum: The referendum campaign concludes without direct confrontations between leaders and with uncertain outcomes. The Prime Minister, Giorgia Meloni, promotes judicial reform, emphasizing accountability and efficiency, while downplaying any political consequences of a defeat. She also criticizes the judiciary for alleged cases of negligence. Elly Schlein responds by accusing the government of instrumentalizing the referendum and calls for defending the Constitution by voting No. Giuseppe Conte also denounces an attack on judicial autonomy. The political front remains divided, while the result will be decisive for future balances of power.
Terrorism: Following the deaths of two anarchists in Rome caused by the explosion of a device they were preparing, the Ministry of the Interior has convened the Anti-Terrorism Committee to assess risks linked to internal subversion. The victims, connected to radical anarchist circles, allegedly planned an attack, possibly against the railway network. The incident has reignited alarms regarding these movements, which intelligence agencies define as a concrete threat. A public prosecutor’s investigation has been opened, while the government expresses strong concern over the climate of tension.
Foreign Policy
European Union: From this week’s European summit, the 27 member states have requested that the European Commission propose targeted and temporary measures to address the energy shock caused by rising oil and gas prices. Brussels has offered support to the Italian government, committing to collaborate on proposals to reduce the impact on bills, while maintaining equal market access and preventing the worsening of public debt. The discussion also focuses on the Emissions Trading System (ETS) and its implications for Italy, with attention to the proportionality and limited nature of aid measures.
Iraq: NATO has temporarily withdrawn from Iraq, redeploying forces present in Baghdad to Europe. Meanwhile, Donald Trump harshly criticizes allies, accusing them of failing to support the US against Iran and now complaining about high oil prices without contributing to security in the Strait of Hormuz. The president defines NATO as ineffective without Washington. In the meantime, thousands of US Marines are heading toward the Gulf, and the United Kingdom has authorized the use of its bases.
Economy and Finance
Monte dei Paschi di Siena: The deadline for submitting lists for the renewal of the Board of Directors of Monte dei Paschi di Siena has expired, while an alternative list promoted by Luigi Lovaglio, seeking adequate support, remains uncertain. Meanwhile, discussions continue with the ECB regarding the evaluation of candidates nominated by the board, including Fabrizio Palermo, Corrado Passera, and Carlo Vivaldi for the role of Chief Executive Officer. The Nominations Committee has confirmed the validity of the profiles. Passera has stated his availability under specific conditions, in a decisive phase for the bank’s corporate governance.
Telecommunications: Inwit’s stock continues to fall on the stock market, penalized by tensions with its main clients, TIM and Fastweb. At the center of the dispute are differing interpretations regarding the duration of contracts for the use of towers, which for Inwit remain valid until 2038. Failed renegotiation attempts have not ruled out legal action. The uncertainty has led the company to revise downwards its revenue and margin forecasts, while the possibility of future developments linked to new investments and relationships with operators remains open.