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    Italy Business Elite Gets a Taste of Government Intervention

    (Bloomberg) — Italian Prime Minister Giuseppe Conte made it clear to the country’s corporate elite that he’ll be calling the shots more often in a pandemic-stricken economy. Conte and cabinet members showed up in force over the weekend at a gathering of financial and company leaders on the shores of Lake Como in northern Italy. Meanwhile, many executives and investors stayed away or sent deputies as a surge in coronavirus cases put a damper on the event. “At this moment, the state cannot just be a referee,” Economic Development Minister Stefano Patuanelli said at the Ambrosetti Forum in Cernobbio. “The great transformation of production arrangements must be directed by significant…

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