Italy's Ministry of Economy and Finance says Council vote backs Carlo Comporti for ESMA presidency, with process still pending

Italy's Ministry of Economy and Finance published remarks from Minister Giancarlo Giorgetti welcoming the Council's vote on the presidency of the European Securities and Markets Authority, saying it gives decisive backing to Carlo Comporti even though the appointment process is not yet complete. Giorgetti described the outcome as recognition for both Comporti and Italy. He also characterized ESMA as a strategic institution and said it is likely to develop further as a European equivalent of Italy's securities regulator, Consob. The minister linked the result to the government's working approach and to what he called renewed Italian credibility in Europe.