Why Cattaneo and Scaroni are back (and the fragile Giorgetti-Salvini truce) – Corriere.it

Giancarlo Giorgetti his sign in this round — appointments pi Document of economics and finance – she left him without saying a word. Not in public, or in gatherings where more than a handful of people you totally trust were present. Also because he knew, the Economy Minister, that he found himself between two gravitational fields regarding investee companies with respect to which he could not navigate too close or too far.

In the Lega, his party, a not too informal committee had already taken shape for the selection and evaluation of names considered for top management roles and on the boards of directors of publicly controlled companies. Among the members: the undersecretary for the Economy Federico Freni, the deputy of the finance commission Giulio Centemero and the other deputy Alberto Bagnai (the latter had even developed a rating system for possible candidates, like headhunters). On the other hand, Giorgetti had another, stronger gravitational field: the group of four composed by the premier Giorgia Meloni, by the secretary of his party Matteo Salvini and then, for Forza Italia, Antonio Tajani and above all Gianni Letta. He was among those four, and only among them, who fought over the names of the presidents and managing directors of the first four publicly-controlled listed companies.

At that point the Minister of the Economy, closed in his usual reserve, took note of a further element: the growing attention of foreign investors. For weeks, various funds had been contacting his department to understand what the government’s intentions were, especially with regard to Enel, the first Italian listed company with a stock market value of 66 billion, with the largest global investors in the capital and about half of its turnover abroad . It was clear that a CEO with no international experience, who doesn’t speak English, couldn’t go.

Taking note of these factors, Giorgetti played his game from the guard-rail. Still and silent, but there to stem the skids. Against the hypothesis that Antonio Donnarumma passes from Terna to the helm of Enel, he kept the point until the end despite the preferences of the prime minister. From Washington – where for the meetings of the International Monetary Fund – Giorgetti now limits himself to letting it be known that in reality, the package of nominations would have been ready as early as Tuesday, but due to a series of bureaucratic and regulatory hitches we had to wait. Certainly he oversaw the inclusion in Leonardo’s board Marcello Sala, a manager with long experience in the private sector that Giorgetti himself wanted from the Ministry of the Economy to deal with financial institutions.

Basically, this is also the case with the Def, presented on Tuesday: it outlines a path on the accounts, where there is very little space to implement the electoral promises of the League on the flat tax or pensions. And perhaps only because he expected it, Salvini is sketching for now. The truce between the two will not last, perhaps because the anthropological differences are too many. But for now, fragilely, it holds. Until the next tummy ache.