ANSA Economia1 hour agoBusiness1 min readItaly

Genoa Boat Show, Orsini (Confindustria): "More courage is needed in Europe to save businesses"

The president of Confindustria calls for interventions on energy, taxation and bureaucracy, warning of the need to protect Italian companies from energy costs

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The president of Confindustria, Emanuele Orsini, speaking at the Genoa Boat Show, urges the government to be more bold in Europe to protect Italian companies, citing the need for interventions on energy, taxation and bureaucracy.

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Why It Matters

The Italian industrial sector faces challenges related to volatile energy prices and bureaucracy. Orsini recalls the precedent of 2022, when 30.5 billion were allocated to support businesses.

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"We must create the enabling conditions so that businesses remain in the country: energy, taxation, bureaucracy. We want this. We are waiting for this, we need it. Which is also being done, but regarding Europe, Italy must have a little more courage". The president of Confindustria Emanuele Orsini said this on the opening day of the Genoa International Boat Show.

"If Europe slows us down, we will be infringing. I prefer to save our businesses than see them razed to the ground due to the fact that we always want to keep them in perfect order - he added -. Because if we go back to 2022, if the cost of gas goes from 80 to 110 euros per Mwh, it means that energy is as good as in 2022 when we spent 30.5 billion to support businesses and we can't pretend nothing happened, because at that moment we had a need. So we need to quickly ground the electricity concessions for renewables and we also talked about it yesterday with the minister."

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