NextGenerationEU a great opportunity for Europe and Italy
As population ages in Italy, people tend to become pessimistic with a nostalgic attitude to a past when “things were better”. Is there any space for optimism and enthusiasm for young generations that tend to abandon Italy in search of the American dream? The Next Generation EU plan is definitely a potential source to boost and unchain Italy’s energies. As the European Union rightly claims “NextGenerationEU is more than a recovery
plan – it is a once in a lifetime chance to emerge stronger from the pandemic, transform our economies and societies, and design a Europe that works for everyone”. Under slogans such as “Make It Green” and “Make It Digital” this plan is unleashing
US$ 1 trillion in favour of European members. The big net recipients from the fund – Italy, Poland, Spain, Romania and other Southern and Central European countries – will receive transfers of between 0.6 and 1.9 per cent of GDP per year to 2026. Italy has started to receive part of US$ 260 billion. This fund is released only upon implement structural reforms. In Italy these are long overdue. To put this amount into perspective, the famous Marshall plan deployed, in current dollars, US$ 200 billion for the western Europe. One of the challenges appears to be communication, In Italy it is called the "National Recovery and Resillience Plan", the majority will be implemented by local administrations and hence there is a disconnect between this huge opportunity and the population’s perception.
MBA does not speak only American
The Financial Times released its 2023 ranking of the top 10 MBA programs of Global MBA. SDA Bocconi in Milan is the 6th best global MBA, it was number 13 in 2022. The 1st is Colombia, followed by French INSEAD, Barcelona IESE, Stanford and
Harvard Business School. Remarkably three European Business Schools are in the top ten.
Art & Public Listing
A company active in the art world is once again listed on an Italian stock market dedicated to SMEs: Deodato Gallery, which arrived at Euronext Growth Milan on 25 January 2023 as the first "freshman" of the year. Twenty-three years ago Artè, which made its debut on the then Nuovo Mercato with a leap of 59.7% compared to the IPO price of 45 euros per share.
Formula 1
Following reveals from McLaren and Aston Martin, the new Ferrari 2023 is the SF- 23. Chassis is made from carbon fiber composite honeycomb, with halo protection for the cockpit. Longitudinal Ferrari gearbox with 8 forward gears and reverse.
