Key View

• We believe that Berlusconi’s passing on June 12 will be both an opportunity for Meloni to cement her own position at the helm of Italy’s right-wing political scene and also a challenge to the stability of her current government.
• In the short term, we expect the policymaking process to be improved by the increased unity between the

Key View

• Italy has announced plans to double its gas production, from roughly 3bcm to 6bcm in just a few years.
• We expect Italy to face significant challenges in reaching its target, with muted investor sentiment in Italy to persist amid weak below-ground prospects and an improving but still tightened regulatory environment.
• With a greater

Key View

• We at Fitch Solutions forecast that the Italian economy will expand by a marginal 0.2% this year, following a 3.9% expansion in 2022.
• Real GDP contracted by 0.1% q-o-q in Q422 as domestic demand faltered, though indications are that activity began to stabilise at the beginning of 2023.
• Any bounce is unlikely to be sustained, with a

Key View

• We expect Italy’s medical device market will register single-digit growth over the forecast period to 2026.
• Italy’s sluggish economy will be a main constraint of the market.
• Payback issues on medical device tax may also constrain the medical device market.

We expect Italy’s medical device market will register single-digit growth

Key View: We hold a positive outlook for clothing and footwear spending in Italy over the medium term despite the wider weak consumer outlook. This outlook will be supported by consumer spending's shift towards meeting the more essential categories, moving towards more affordable clothing and footwear choices. The recovery and growth in the

Key View

• On October 22, Giorgia Meloni was sworn in as Italy’s first ever female Prime Minister and the leader of its first right-wing government since 2011.
• We have revised higher Italy’s Short-Term Political Risk Index score from 66.5 to 70.8 to account for reduced risks to policy continuity, though we suspect that the policy-making process

Key View: EV sales in Italy will expand in 2022, as the new incentives programme stimulates households and businesses to purchase low-emission vehicles. We forecast EV sales to grow 34.1% y-o-y in 2022, with the EV penetration rate (EV sales as % of total vehicle sales) expanding from 8.4% to 12.5%. That said, we see heightened downside risks to