Government extends "golden powers" on FDI during the COVID-19 emergency

On 8 April 2020, the Italian government adopted the wide-ranging Law Decree No. 23 (Urgent Measures Law), which also amends the government's so-called "golden powers" of intervention in foreign direct investments involving companies operating in the sectors of defence, national security, communications, energy and transport (Original Strategic Sectors), originally introduced by Law Decree No. 21 of 15 March 2012.

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