Between expensive energy and rate hikes, how Italian companies are resisting

The difficult period, between the pandemic and the war in Ukraine, has forced new forms of organization on companies. But now, to move forward, they need a cohesive Europe capable of thinking long-term, whether it’s the cost of bills, the green transition or investments for our competitiveness

Italian companies have had few opportunities to catch their breath. First the pandemic with closures and vertical falls in turnover, today with two enormous problems: energy costs and inflationary dynamics. The unexpected Russian madness in Ukraine was a further showdown required just when orders were starting to restart and with them also the gross domestic product, albeit “doped” by bonuses and the first allocations of the Pnrr. The difficult period has reshaped our companies, which have learned to make the famous wedding with dried figs, otherwise called “resilience”. It has also taught us to look more closely at Europe and at the answers coming from Brussels and Frankfurt. But meanwhile, how are Italian companies doing, between high energy costs and inflation?