The Italian authorities must act immediately against the “economic shock” caused by rising energy prices, the chairman of the employers’ organization “Confindustria” (Confindustria) Carlo Bonomi said today, quoted by Reuters. He warned that companies cannot afford to wait for a new government to be formed.
Bonomi asked for a ceiling on gas prices “if not at the European level, then at least at the national level”. In an interview with Italian radio station Air Te El 102.5 (RTL 102.5), he pointed out that business is facing economic turmoil and that energy prices in Italy are among the highest in Europe.
“We cannot wait two months as long as it is expected to form a new government, endangering the Italian industrial system, the incomes and the jobs of Italian families,” Bonomi added.
Early elections are scheduled for September 25 in Italy. Outgoing Prime Minister Mario Draghi’s government is still moving the current affairs.
The Italian government has provided more than 50 billion euros this year in an attempt to cushion the effect of rising energy prices for companies and households.
Entrepreneurs’ association Confcommercio warned yesterday that around 120,000 Italian service sector companies could go out of business over the next ten months due to rising energy costs, resulting in the loss of 370,000 jobs.