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In brief
Giuseppe Conte and Matteo Renzi spoke at the Cernobbio forum on 6 September 2026, with Conte arguing that Italy cannot sustain military commitments reaching 5% of its budget.
Giuseppe Conte confirmed that draft legislation has been introduced in both the Chamber of Deputies and the Senate to mobilise unused state assets and private savings.
Matteo Renzi cited Istat poverty data to critique Giorgia Meloni's economic performance while distinguishing Italia Viva from the Campo Largo grouping.
Cernobbio
Cernobbio · Italy
How it came to this
Labour and skills panelMinister Calderone and CNEL President Brunetta address youth employment and training
Economy and finance panelEconomy Minister Giorgetti delivers the closing briefing on national finance
Closing eventsPizzaAut provides lunch and the Frecce Tricolori perform an aerial flyover above Lake Como
Opposition leaders debate strategy and defense spending
The final day of the TEHA Ambrosetti Forum in Cernobbio opened on 6 September 2026 with a dedicated panel featuring leaders from Italy's opposition parties. Alleanza Verdi e Sinistra spokesperson Angelo Bonelli, Italia Viva leader Matteo Renzi, and Democratic Party secretary Elly Schlein attended in person, while Five Star Movement president Giuseppe Conte participated via video link. The discussions addressed domestic cooperation on labour regulations, environmental measures, and proposed legislation regarding conflicts of interest. Foreign policy and European defense commitments emerged as central points of contention during the morning debate. Conte directly challenged the defense spending pledges agreed by Prime Minister Giorgia Meloni within the NATO framework.
“Europe does not benefit at all from continuing a military escalation that is only leading to a rearmament policy that is draining resources.”
Giuseppe Conte, president of the Five Star Movement and former prime minister of Italy
Sovereign wealth proposal and social spending
During his address, Conte detailed an economic initiative from the Five Star Movement to establish a national sovereign development fund. He confirmed that bills specifying the structure of the project had been submitted to both the Chamber of Deputies and the Senate. The proposed fund seeks to mobilise unused public assets and private domestic savings to finance infrastructure and human capital while offering returns to participants. Conte argued that public resources should protect the national social model rather than fund defense targets reaching 5% of the national budget. He cited recent funding reductions in the national healthcare system as evidence that public resources must be directed toward domestic priorities.
“On the programme we have already worked together, we have already accumulated significant proposals on labour policies, environmental policies and some important elements such as the law on conflict of interest.”
Giuseppe Conte, president of the Five Star Movement and former prime minister of Italy
Coalition alignment and cost of living critiques
Speaking to journalists at Villa d'Este, Matteo Renzi criticised the economic record of the Meloni administration. Renzi argued that despite the government reaching longevity milestones, official figures from the national statistics agency Istat show increasing poverty levels and reduced purchasing power across Italian households. He stated that rising everyday expenses, including household utility bills and basic groceries, require an alternative platform from the centre-left. Renzi also clarified Italia Viva's position within the opposition landscape, distinguishing the broader centre-left from the Campo Largo alliance composed of the Democratic Party, the Five Star Movement, and Alleanza Verdi e Sinistra. Additionally, Renzi referenced Roberto Vannacci's debate the previous day with former premier Mario Monti, comparing his political alignment to Alternative for Germany.
“Giorgia Meloni is happy to have surpassed the longevity record, but Istat data gives us a country with more poor people, with less purchasing power and with an increase in everyday spending, from utility bills to the shopping cart.”
Matteo Renzi, leader of Italia Viva and former prime minister of Italy
Cabinet ministers present policy agendas at forum finale
Cabinet members followed the opposition panel to present the executive's policy priorities across economic and administrative sectors. Deputy Prime Minister Matteo Salvini and Minister for Public Administration Paolo Zangrillo spoke on infrastructure and governance, alongside Minister of the Environment and Energy Security Gilberto Pichetto Fratin and Justice Minister Carlo Nordio. Minister of Labour and Social Policies Marina Calderone joined National Council for Economics and Labour President Renato Brunetta to examine employment policies and youth skills training. Minister of Economy and Finance Giancarlo Giorgetti led the concluding session on national finance. The forum's closing programme featured guest attendee Leonardo Maria Del Vecchio, catering provided by inclusive restaurant PizzaAut, and an aerial display over Lake Como by the Frecce Tricolori aerobatic team.
Italian party leaders clash over NATO spending and economic policy at Cernobbio forum
Italian opposition figures and cabinet ministers gathered in Cernobbio on 6 September 2026 to debate military spending, social policy, and economic priorities at the TEHA Ambrosetti Forum.
AI text based on reports by ANSA.it and Adnkronos. Published .