This session gives participants the chance to understand how the deep changes underway in Germany are reshaping Europe's economic and geopolitical balance, with direct effects on Italian companies. For decades Germany has been the continent's main industrial engine and the economic reference point for much of Europe's supply chains. Today, amid new strategic priorities, unprecedented investment in defence and infrastructure, fragile political coalitions and rising social tensions, the country is redefining its role in Europe, with significant implications for the continent's economy and for Italian business.

Fabrizio Maronta, Head of International Relations at Limes, will help participants interpret Germany's new course and understand what it may mean for Europe, for Italy, and for companies operating in markets and supply chains closely tied to the German economy.

By the end of the session, participants will take away:

• an up-to-date reading of Germany's new course: rearmament, public investment and reform of the debt brake, and what it means for Europe;
• opportunities and risks for local companies linked to the German market and supply chain;
• concrete inputs to guide export, investment and positioning decisions over the next 12–24 months.