Business news from Italy: archives - Page 17 of 37

Economy update - Italy GDP rises again Q2 2024. Image: Istat

Economy Update – Q2 and July 2024

September 2, 2024September 2, 2024Deborah CaterLeave a Comment

Economy: Industrial producer prices were up in July, whilst GDP grew slightly in the second quarter of 2024.

Italy’s Blue Economy is thriving

August 27, 2024August 27, 2024Deborah CaterLeave a Comment

Italy, with its 7,500 kilometres of coast, supports a thriving blue economy sector. This sector contributes an estimated €70billion to the national economy. It employs approximately 400,000 people, according to the latest EU report.

Fabio Panetta warns of low birthrate and says there's a need to increase employment of the young and women

Need to increase employment of young and women in Italy

August 22, 2024August 22, 2024Deborah CaterLeave a Comment

The Bank of Italy Governor warns of the effects of demographic decline and urges the increase of employment of the young and women.

UAE extradites fraudulent Rome entrepeneur

August 18, 2024August 18, 2024Deborah CaterLeave a Comment

The UAE extradited Rome entrepreneur Danilo Coppola to Italy on Sunday. Coppola received a sentence of seven years in prison for bankruptcy fraud in 2022. He arrived on a flight from Abu Dhabi.

Italy behind the EU for bureaucracy digitalisation

August 13, 2024August 13, 2024Deborah CaterLeave a Comment

Italy trails behind many European Union countries in the digitalisation of interactions between public administrations, citizens, and businesses, according to a report released by the artisans association Confartigianato.

Bank of ItalyUIF wanrs of organised cime contaminating the economy. By Mister No, CC BY 3.0, https://commons.wikimedia.org/w/index.php?curid=60391086

Organised crime contaminating the economy

July 31, 2024July 31, 2024Deborah CaterLeave a Comment

Enzo Serata, the director of the Bank of Italy’s Financial Intelligence Unit (UIF), raised concerns on Wednesday about “the ongoing threat of the legal economy being contaminated by organised crime.”

Meloni with Chinese Premier Li Qiang. Image: Image: Liu Weibing/Xinhua/IMAGO

Meloni tells China balanced trade relations needed

July 30, 2024July 30, 2024Deborah CaterLeave a Comment

Prime Minister Giorgia Meloni has embarked on an official visit to China, aiming to “revitalise” Italy’s relations with the country after last year’s significant decision to withdraw from Beijing’s Belt and Road Initiative (BRI).

indian migrant labourers many are illgeally employed. Image: Guglielmo Mangiapane/reuters

Inspection reveals 57% of farm labourers are illegally employed

July 26, 2024July 26, 2024Deborah CaterLeave a Comment

Inspections checking employment practices within the agriculture sector discovered 57% of labourers are illegally employed.

RAI President Marinella Soldi resigns

July 24, 2024July 24, 2024Deborah CaterLeave a Comment

Marinella Soldi, the President of Rai, has announced her intention to step down from her role. She communicated her decision through a letter addressed to the Minister of Economy, Giancarlo Giorgetti, indicating that her resignation will take effect on August 10, 2024.

Guardia di Finanzia seize €121million from Amazon

July 23, 2024July 23, 2024Deborah CaterLeave a Comment

The Economic and Financial Police Unit of the Gdf of Milan has executed an emergency precautionary seizure of approximately €121 million for tax fraud against the Italian branch of Amazon.