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39th Capri Conference, Di Stefano: Italy changes at the roots. Africa strategic for growth
Saturday 12 October 2024

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"An Italy that needs to change at its roots by moving from its fundamentals, namely training, productivity, investment, innovation, legal certainty, good administration. Factors on which to intervene with a series of tools, from the budget law to an increase in competition to the implementation of the Mattei Plan, starting from the assumption that the axis of the world is shifting from the North-West to the South-East, with the Mediterranean strategic for Italy and Europe'. Thus the President of the Young Entrepreneurs of Confindustria, Riccardo Di Stefanoopening the proceedings of the 3rd9th Capri Conference entitled 'Horizons. Enterprise and Development in the Mediterranean".

"Let's build a new relationship with the countries of the Mediterranean and the African continent with an eye on our country's upcoming deadlines. On Structural Budget PlanPresident Di Stefano said 'we appreciate the decision to spread it over seven years and link it to reforms, but the reform framework is not clear enough for a country that needs more planning capacity. We need to simplify Transition 5.0 with the utmost urgency. We have found great cooperation in the government, we ask that it continue, such a useful measure cannot be wasted. Good for budgetary rigour, making the cut in the tax wedge structural, housing policies, experimentation on mini-reactors, simplification. Within the framework of this structural plan, annual laws, such as the budget or competition laws, will act as a cutback. And let us hope that the era of voluntary contributions does not begin'.

In the course of the report, the IM President emphasised that 'theAfrica has energy and raw materials that Europe desperately needs to power the transitions, green, digital, aerospace and defence'. For Di Stefano, we must therefore move forward with the Mattei Planhas a broad strategic scope, a new organic approach. At the moment the framework is there, but it is necessary to accelerate the implementation phase, from the process of the measure to its operationalisation, with the need for companies to be part of the steering committee in a stable manner'.

"As we seek to make Italy the energy hub of the Mediterranean and we fight for a single energy price, in Europe we risk having an Italy with 20 different bills,' Di Stefano said, then quoting some data: the Middle East and North Africa area will grow in the next decade by an average 6% per year, by 2030 another 100 million people will enter the middle class. Africa has raw materials, in 2040 more than a billion people will have to find work, while in the EU by 2040 there will be 2 million fewer workers per year. 'Targeting the Mediterranean,' Di Stefano said, 'can facilitate the nearshoring of Italian supply chains'.

President Di Stefano then made a number of proposals: reducing the Irpef tax base from 50 to 70% for the return of brains, a new start-up act, stimulating business freedom with an annual law on competition, a point on which 'Italy has lost ground weakened by the onslaught of small corporations', making dialogue enterprises and universitiessignificant investments are needed, a thorough review of public spending is required and resources must be freed up for sectors that create the future', focus on the trainingalso disseminating the training projects in immigrants' countries of origin, which have already been initiated by some confederation associations. And on the citizenshipDi Stefano's hope is that a 'shared mechanism will be found, because reflecting on the link between language learning, schooling and citizenship is important and could strengthen social cohesion'.

 

Attachments

Report President Riccardo Di Stefano

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