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The new golden power standard is ready

2020-04-04T17:48:28.792Z


Eye on SMEs, also shielding the food, financial and insurance sector (ANSA)


Green light to the new rules on golden power which will also be extended to other areas, such as the food, financial and insurance or health sector. The rule will also be applied to operations within the EU. The new provision will increase the reporting obligations to the Prime Minister also for the acquisition of shares in strategic SMEs.

"The Government intends to safeguard the country's strategic assets. This is why we have worked on strengthening the existing instruments. The Golden Power regulation is ready and will be approved in the first useful measure. The Coronavirus emergency will not put our productive and industrial assets at risk. , which is a priority to protect because national security also depends on it. The new Golden power will be our vaccine against the hostile climbing virus ", announced the undersecretary to the Prime Minister Riccardo Fraccaro.

Source: ansa

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