first held in the city in 1907 and continues to the present, while the Giro del Trentino is an annual road cycling race which the city has hosted every year since 1963. Economy Festival of Trento The Economy Festival (Festival dell’Economia di Trento) was brought into being in 2006 in order to enable and facilitate discussions between economists and a broad public. The aim of this festival is to put economic terminology across to everyone. The Festival dell’Economia di Trento takes place every year at the end of May on the historic Palazzi of the old town in Trento. Well known economists explain and interpret current economic issues, both from an economic-scientific as well as from a social and entrepreneurial viewpoint. In the course of recent years, numerous economic scholars and managers such as Sir Anthony Atkinson, Fan Gang, Zygmunt Bauman and the Nobel Prize winner Gary Becker took an active part. Politics Government Trento is governed by the City Council of Trento. Voters elect directly 40 councilors and the mayor of Trento every five years. The current mayor of Trento is Franco Ianeselli, elected for the first time on 21 September 2020. Ianeselli, a former trade unionist, was elected as a left-leaning independent with the support of a wide coalition of parties. These parties ranged from the left (as in the case of Europa Verde) to the Catholic centre (including Partito Autonomista Trentino Tirolese, and Insieme per Trento). When determining the composition of his Giunta (the equivalent of a City Cabinet), Ianeselli selected seven members of the City Council: Monica Baggia, Elisabetta Bozzarelli, Mariachiara Franzoia, Chiara Maule, Salvatore Panetta, Roberto Stanchina, and Paolo Zanella. However, in late November 2020 Paolo Zanella announced he would leave his position as a member of the Giunta, in order to fill a vacancy in one of the 35 seats of the legislative assembly of the Trentino province, upon the resignation of member Paolo Ghezzi. Shortly after, mayor Ianeselli announced Ezio Facchin as Zanella's successor. Euroregion Tyrol-South Tyrol-Trentino In 1996, the European Union approved further cultural and economic integration between the Austrian province of Tyrol and the Italian autonomous provinces of South Tyrol and Trentino by recognizing the creation of the Euroregion Tyrol-South Tyrol-Trentino. Main sights Although off the beaten path of mass tourism, Trento offers rather interesting monuments. Its architecture has a unique feel, with both Italian Renaissance and Roman influences. The city