South, Montanino (CdP): great opportunities from geopolitical changes

CDP Fitch confirms the ratings Stable outlook

(Finance) – The geopolitical transformations of recent months and post-pandemic developments open up great opportunities for Southern Italy: for international trade because the Mediterranean returns to be the protagonist of exchanges since the land transit between Europe and China envisaged in the ‘Belt and Road Initiative’ (the new Silk Road) seems increasingly difficult “. Andrea Montanino, Chief Economist and Director of Strategies and Impact of CDP at the Forum “South & North 2022 – Phase change”, in Maratea.

In addition – he added – “if we believe in energy transition, Arctic ice melt could be slowed or stopped and the international Arctic route may not be viable. “

Then, Montanino concludes, “there is the theme of gas, iThree important gas pipelines arrive in Italy: from Libya, Algeria and Azerbaijan. In perspective we can imagine that Europe will look for alternative sources of supply with respect to Russian gas and the South could become an important hub for all of Europe, if obviously the necessary infrastructures are developed “.

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