Giorgia Meloni: Steady Leadership in Italy's Turbulent Seas

Giorgia Meloni has solidified her role in Italian politics through cautious economic strategies and international alliances, despite lacking bold reforms. Her governance has reaffirmed investor confidence, yet Italy's economy remains challenging, with low growth forecasts dependent on EU funds. An aging electorate equals continued resistance to significant change.

Three years after ascending to power, Giorgia Meloni has established a firm grip on the reins of Italian politics. Her stable leadership counters the economic turbulence and international uncertainties that have rattled many of her European peers.

In an Italy historically plagued by instability, Meloni garnered market approval and bolstered support for her conservative coalition by maintaining existing policies rather than implementing necessary reforms. Though beloved for her cautious handling of budgets, analysts argue this approach lacks ambition and fails to spark structural transformation.

Despite falling industrial production and sluggish growth forecasts, the Italian economy stays afloat, largely due to the European Union's post-pandemic recovery fund. With the political landscape fiercely divided, Meloni remains in a favorable position, demonstrating adept navigation of both domestic and international waters.

(With inputs from agencies.)