2025 key year, new investments necessary says Orsini

(ANSA) - ROME, DEC 11 - Confindustria President Emanuele Orsini told ANSA on Wednesday that 2025 will be a crucial year for Italy's economy, calling for a clear plan to relaunch competitiveness based on a long-term industrial policy vision.
    "2025 will be a crucial year for our economy", the president of the industrial association told ANSA in an interview, replying to a question on relations with policy makers and the government.
    "A clear plan to relaunch competitiveness" is necessary, "based on a long-term industrial policy vision", he noted.
    "We are concerned that production has been dropping for 21 months and it is the reason why we are strongly urging to aim to relaunch investments", Orsini noted.
    The Confindustria chairman went on to say that a proposed fiscal measure to cut the business tax IRES for companies reinvesting profits to boost growth and employment "goes exactly in this direction".
    "The blanket is short and it's a well-known thing.
    "It is a matter of making choices and conveying the few resources available towards development chapters.
    "There is attention from the government, we will now see how the intervention is planned", said Orsini. (ANSA).