September 5-6-7, 2025 51st edition

Intelligence on the World, Europe, and Italy





Press conferences

Friday, September 5

  • Press conference on the Study “Investing in the Med: dynamics in Italy and Spain” - produced in collaboration with Amazon | VIDEO
  • Press conference on the Study “Italy’s data centers. Energy, efficiency, and sustainability for the digital transition" - produced in collaboration with A2A | VIDEO
  • Press conference with Antonio Tajani, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Italy | VIDEO


Saturday, September 6 

  • Press conference on the Study “Driving the future: lead firms as engines of innovation and sustainability for Italian and European industrial value chains" - produced in collaboration with Philip Morris Italy  | VIDEO
  • Press conference on the Study “Energy from water, strength and security of the Country: the strategic role of hydroelectric for Italy" - produced in collaboration with ENEL



Papers and studies

AmbrosettiChannel



The "Cernobbio Forum"

Its international scope is the most significant aspect of the Forum that TEHA Group organizes each year in September at Villa d’Este in Cernobbio. The event, held each year since 1975, is titled "Intelligence on the World, Europe, and Italy" although it is commonly referred to as "Cernobbio Forum", due to its traditional location. The Forum brings together an array of speakers of the highest level from the world of politics, academia, government and business, from across the globe.


The Forum is a three-day event:

  • Day One is normally dedicated to major global issues of a predominantly economic, geopolitical and scientific/technological nature.
  • Day Two focuses on Europe and enjoys the presence of officials and representatives of all major European institutions who take part in discussions around the most pressing issues facing the European Union.
  • And finally, Day Three is dedicated to Italy with the presence of representatives of the Italian government, officials and numerous leading figures from the world of business and finance.

As per tradition, the event will take place behind closed doors, and will follow the Chatham House Rule: participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed. 

As in recent years, the event will be phygital (part physical, part digital) with a central hub in the established venue at Villa d’Este which will be connected with several hubs in other locations in Italy, Europe and the rest of the world. We are pleased to confirm the partnership with the Ministry of Foreign Affairs and International Cooperation and with the ICE Agency to offer the entire network of Italian diplomats and businesses abroad the opportunity to follow the proceedings and stay updated on global, European, and Italian scenarios. At the same time, China will host a hub, live-streamed from Shanghai, which will also develop local offline content to take advantage of the time zone. This will be made possible thanks to the “Beijing Club for International Dialogue”, acting as a strategic partner for the 2025 edition.


In 2025, the program, as it currently stands, will address the following topics:

  • Future Challenges and the Impacts on Business: From globalization to fragmentation - The US perspective in the current scenario
  • A Diagnosis of the Global Financial Architecture
  • The Evolving Geopolitical Balance: Perspectives from the Gulf and Türkiye
  • The Economic Outlook
  • Today the World of Tomorrow - Future Thinking and the Frontiers of Scientific Research 
  • Country Focus USA
  • The New Green Era?
  • The Peres Heritage Initiative: Building the Future Through Young Talents

The Agenda for Europe

  • Trajectories for European Economic Growth and Competitiveness in a Changing World
  • One Market, Many Champions: Strengthening Companies for a Stronger EU
  • Europe’s Strategic Role and Priorities in Today’s Geopolitical Scenario
  • Albania’s Economic Integration with the EU: Building Stronger Trade and Investment Partnerships
  • The European Way of Innovation and Digital Sovereignty  
  • Adapting to New Realities: the Evolution of European Defense and Security
  • Ensuring a more Cohesive Europe through Internal Security 
  • European Challenges Between Social Cohesion and Reforms

The Agenda for Italy

  • The Opposition’s Point of View 
  • Justice and Public Administration
  • Education, University, Research and Labor
  • Infrastructural Investments for Italy's Future
  • Competitiveness and Growth
  • Economy and Finance