After the attention that the elections of Pope Francis garnered, another wave of excitement has swept across Italy (impacting Italians living abroad like us as much as anyone!) After two months of political stalemate that followed the February general elections (see our analysis of the results), a new Government is now up and running.
Interesting to note for the Brussels bubble: Prime Minister Letta himself is a keen Europhile and some of the key Ministers are pro-European too (ex MEPs, officials of the European Commission and even ex Commissioners). This means that Italy’s new political leadership understands the European Union, its values and the mechanism and dynamics of how a member state can impact the EU decision-making process. Can we therefore expect to see a better equipped and more influential Italian delegation in Brussels? If this proves true, a possible knock-on effect will be that the wider Italian business community will understand the importance of early engagement at the EU level and contribute more consistently and comprehensively to the EU legislative process.
If you want to know more about the government… the Italians at our FH office have drafted a full note – here.
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January 12, 2021
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