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Premier Meloni Set To Launch €1 Billion Sovereign Fund

ITALY
  • Italy Creates Sovereign Fund to Back Strategic Supply Chains (BBG)
  • Italy has announced that it will create a €1 billion sovereign fund to channel funding to companies it deems strategic, furthering Premier Giorgia Meloni’s vision to shore up domestic production and secure key supply chains.
  • The fund intends to “stimulate the growth and consolidation of national strategic supply chains, also for the procurement of critical raw materials,” according to a statement.

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