Business news from Italy: archives - Page 28 of 37

Real-term wages are falling. Image relates to minimum wage with hands holding low denomination euro notes and coins.

Minimum wage “discussion” continues amongst politicians

July 22, 2023July 22, 2023Deborah CaterLeave a Comment

Civil Protection Minister Nello Musumeci came under fire on Friday after saying the minimum wage proposed by opposition parties is a form of welfarism. His solution to low wages: to work.

Italian work permits to increase for non-eu workers

Italy to grant 425k work permits to non-EU nationals

July 9, 2023July 9, 2023Deborah CaterLeave a Comment

Italy will grant more work permits to non-EU workers from now until 2025. There have been complaints of a lack of skilled workers. Meanwhile, the government is cracking down on illegal immigrants crossing the Mediterranean.

PM Meloni at Assolombarda conference stated Italy's economy is mmost reliable in Eurozone.

Italy’s economy most reliable in Eurozone – Meloni

July 3, 2023July 3, 2023Deborah CaterLeave a Comment

Italy’s economy is growing “beyond expectation”, making it the most reliable country in the Eurozone, Premier Giorgia Meloni said on today.

Image of ITA Airways Airbus. In June, Italy's audit court approved the ITA-Lufthansa deal.

Audit Court approves ITA-Lufthansa deal

June 16, 2023June 16, 2023Deborah CaterLeave a Comment

Today, Italy’s audit court approved the agreement to sell a minority stake in ITA Airways to the German flag carrier Lufthansa. The ITA-Lufthansa deal is worth over €300million.

Lufthansa to buy 41% of ITA Airways

May 26, 2023May 26, 2023Deborah CaterLeave a Comment

Lufthansa is to buy 41% of ITA Airways via a 325-million-euro capital increase, the German carrier said on Thursday. It reached an agreement with the Italian economy ministry to acquire a minority stake.

Net loss of 80,000 graduates from Italy in last decade

May 10, 2023May 10, 2023Deborah CaterLeave a Comment

Italy lost 80,000 young graduates in the last decade, according to a survey presented today. At a new observatory on tomorrow’s world of work, the report highlighted Italy’s ‘brain drain’ and NEET issue.

ChatGPT available again in Italy

April 30, 2023June 26, 2023Deborah CaterLeave a Comment

ChatGPT was banned by the Italian data-protection authority over privacy concerns. A deadline of 30th April was set to meet certain criteria. OpenAI which makes the software, states it now meets all criteria and ChatGPT is available once again in Italy.

Vinitaly wine tastings. From Vinitaly Instagram

Vinitaly registers 20% increase in foreign buyers

April 5, 2023April 5, 2023Deborah CaterLeave a Comment

The 55th Vinitaly wine trade show closed in Verona today, registering a 20% increase in foreign buyers over the 2022 edition.

Italy plans to strat marketing itelf as a remote working destination.

Marketing Italy for remote working

March 16, 2023March 16, 2023Deborah CaterLeave a Comment

On Tuesday, the Minister for Business and Made in Italy, Adolfo Urso, announced plans to market Italy as an ideal base for remote working.

Superbonus scheme ends and businesses fear bankruptcy. Image by Borko Manigoda en Pixabay

Government holds talks over ending ‘Superbonus’

February 20, 2023February 20, 2023Deborah CaterLeave a Comment

The Italian government held a round of talks today with business associations amid fears that changes it has made to State incentives for building renovation work, known as the ‘Superbonus’, could push many construction firms into bankruptcy and cost thousands of jobs.