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    Between Sovereignty and Commerce: Reflections on the Rise of State-Owned Entities

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    Ossessione bibliofila, a cura di Antonio Castronuovo, premessa di Alessandro Danovi, Milano, La nave di Teseo, Aldus Club, 2024

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    Meritxell Sanctuary

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    Les Echelles du Baroque

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    Antigone

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    Houari Boumediènne Agricultural Village

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    Université Mohammed VI Polytechnique

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    Censura e Terza pagina. Appunti sugli esordi di Camilla Cederna su «L'Ambrosiano» e su «Il Secolo-La Sera» (1939-1943)

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    This essay examines Camilla Cederna’s early journalistic career (1939–1943), focusing on her work in «L’Ambrosiano» and «Il Secolo-La Sera». During Fascist rule, the Italian Terza pagina functioned as an ambiguous space – both a refuge from censorship and a site of self-censorship. Cederna’s style is marked by irony and personal tone, evading regime rhetoric while portraying bourgeois life, women’s work, and understated subjectivities. The article explores writing as a space of negotiation between personal voice and political constraint, and shows how Cederna, even under a repressive system, shaped a distinct authorial identity that challenged the boundaries of Fascist cultural discourse.L’articolo ricostruisce gli esordi giornalistici di Camilla Cederna tra il 1939 e il 1943, con attenzione ai suoi interventi su «L’Ambrosiano» e su «Il Secolo-La Sera». In un contesto dominato dalla censura fascista, la Terza pagina assume una funzione ambigua: luogo di riparo, ma anche di autocensura. Cederna si muove in questo spazio con uno stile ironico e personale, evitando la retorica del regime e raccontando una realtà borghese fatta di consumi, lavoro femminile e soggettività laterali. Il contributo intende riflettere sulla scrittura come zona di negoziazione tra espressione individuale e condizionamenti politici, mostrando come la giovane giornalista elabori, entro i margini imposti, una propria voce autoriale capace di raccontare ciò che sfugge alla propaganda

    Pension funds and environmental, social and governance factors in the Italian system: transparency of investments, management rules and the new ban on financing activities linked to unconventional anti-personnel weapons

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    This paper considers the regulatory framework on sustainable investments, i.e. consistent with so-called ESG factors, with particular regard to Italian supplementary pensions. The first part of the paper offers an overview of recent developments in the stratified European and Italian legislation, showing the high degree of detail of the disclosure obligations binding institutional investors to protect the public and in particular pension fund members. The second part of the paper delves into a specificity of the Italian legal system relating to the armaments sector: the 2025 ban on financing companies operating in the anti-personnel mine and cluster bomb sector. This ban, applicable to all Italian institutional investors and the Italian branches of institutions headquartered abroad, requires a delicate investigation and advisory activity on each share and bond held by the pension fund, as well as the those planned for acquisition. Given the vagueness of the instructions formalised by the Italian supervisory authorities, the implementation of this law appears to require a strengthening of the flow of information between the governing bodies of each pension fund and the financial manager appointed to handle the portfolio

    Already compliant? Germany’s (non-)implementation of the Adequate Minimum Wage Directive

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    This article analyses Germany’s (non-)implementation of the Adequate Minimum Wage Directive (AMWD) in light of the government’s claim that existing laws are already compliant. The analysis concludes that although the federal government is developing an action plan for social dialogue (Article 4(2) AMWD), the legislature has not made any structural changes to the Minimum Wage Act. Instead, the decisive changes have been made by the Minimum Wage Commission, which has updated its internal procedures. This passive approach leaves key questions unanswered regarding the legal nature and purpose of the minimum wage, particularly following the CJEU’s judgment in Case C-19/23

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