The third instalment of Italy’s post-COVID EU-funded National Recovery and Resilience Plan (NRRP) will be disbursed soon, on time, a European Commission spokesperson said Tuesday.
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Senate Speaker Ignazio La Russa said that everyone needs to do more to counter the steady stream of work-related deaths in Italy today. This follows the death of three workers in an explosion at the Esplodenti Sabino plant in the Abruzzo town of Casalbordino on Wednesday.
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Notification of a deal between Italy and Germany to hand a minority stake in ITA to Lufthansa “is a long-standing issue” that “deserves a solution”, said European Economy Commissioner Paolo Gentiloni. Italy and Germany agreed the deal in May, but it is yet to be ratified.
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The unemployment figures for Italy in July 2023 showed an increase to 7.6%. Meanwhile, Italian companies have failed to fill more than half the positions needed for September. If there are all those jobs available, why is unemployment on the rise?
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Mestre’s CGIA business association reports Italy’s declining birth rate is starting to cause problems for the nation’s firms. The number of young people has dropped by almost 1million in the last ten years.
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Italy’s proposed cap on air fares is in line with European Union norms and is not a breach of free-market rules Italy’s transport ministry said Wednesday. Some airlines have asked the European Commission to intervene in the matter.
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Italy’s bank stocks regained much of the value they lost on Tuesday after clarification from the government. The 40% windfall tax will be capped at 0.1% of an institutes’ assets.
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The share prices of Italian banks plummeted on Tuesday after the government announced on Monday that it was imposing a 40% windfall tax on lenders’ surplus profits.
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Premier Giorgia Meloni’s cabinet on Monday is set to examine the so-called Omnibus decree. The decree has measures for a variety of sectors, including taxis and air transport.
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The Lower House on Thursday approved a motion to suspend for 60 days examination of the minimum wage bill. Opposition MPs shouted “shame” as the suspension of the minimum wage bill was approved.
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