The rescuing State. National promotion bank and implementation of tourism investment funds

In addition to the economic, social and cultural crises triggered by the health emergency, there has also been a real emergency in the tourism sector. Many ad hoc measures have been adopted for the tourism sector by the so-called “savior state”, among which particular attention should be paid to the interventions carried out through the national promotion bank. Reference is made in particular to the constitution and strengthening by the publicly controlled company necessary Cassa depositi e prestiti of investment funds intended for the tourism sector, in order to prevent the impoverishment of Italian hotel hospitality following the covid-19 emergency and avoid acquisitions that could compromise its identity. In this direction, it is recalled the participation foreseen in the PNRR of the Ministry of Tourism in the National Tourism Fund, managed by CDP, through the subscription of shares (equity), for 150 million euros.