There is a close correlation between the political history of Italy,caracterized by its deficit of democracyand social trend that has been characteristic of the country where inequalities and poverty have dramatically increased.
The basic story is simple: policies that give more money to people at the top are inflationary. it is not surprising that even mediocre CEOs can get paychecks in the tens of millions of dollars annually.
After the euphoria as the EU relaxed its financial rules during the Covid crisis, the end of failed EU financial policy was hailed, this is being called into doubt again.