Italian Prime Minister Giorgia Meloni’s government became the country’s longest-serving cabinet since World War II on Friday. Bond markets have rewarded the period of political stability, during which the government deficit has fallen sharply. But former leaders of the country told CNBC the country still needs reform to bolster its stagnating economy. Italian Prime Minister Giorgia Meloni at Palazzo Chigi on July 20, 2026 in Rome, Italy. Simona Granati | Corbis News | Getty Images
Greater political stability under Prime Minister Giorgia Meloni’s government has boosted
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