Business news from Italy: archives - Page 29 of 36

Meloni defends stance on minimum card payment limits

December 7, 2022December 7, 2022Deborah CaterLeave a Comment

PM Giorgia Meloni on Wednesday defended two flagship budget measures accused by the Bank of Italy and others of potentially favouring tax evasion: raising the limit for cash transactions and the minimum amount for card payments.

Gales and torrential rain over the weekend sees Italy picking up the pieces

December 5, 2022December 5, 2022Deborah CaterLeave a Comment

Extreme weather over the weekend wreaked havoc on crops. Venice was saved from flooding by the MOSE barriers. A quake, tsunami and eruption also occurred on Stromboli.

Italy is one of the lowest adopters of digital payments

Meloni’s draft budget gives merchants right to refuse low-value digital payments

December 4, 2022December 4, 2022Deborah CaterLeave a Comment

In her first budget since becoming Italian Prime Minister, Giorgia Meloni included a proposal regarding low-value digital payments. She proposes merchants should have the right to refuse digital payments for transactions below €60.

Italy's GDP increased slightly in q3 2022 GDP growth in Q1 2025

Italy’s GDP up but inflation highest in nearly 40 years

November 30, 2022November 30, 2022Deborah CaterLeave a Comment

Italy’s Gross Domestic Product (GDP) increased in the third quarter. The annual inflation rate in November, meanwhile, was stable in relation to the previous month but highest since 1984.

Meloni's governmetn sets 2023 budget bill in record time

2023 Budget bill set in record time says Meloni

November 28, 2022November 28, 2022Deborah CaterLeave a Comment

Premier Giorgia Meloni on Monday said the 2023 budget bill set to be presented to parliament was consistent with the commitments her government had made to the Italian people.

NRRP needs revising - euros with italy flag colours

Confindustria head says NRRP recovery plan needs revising

November 2, 2022November 2, 2022Deborah CaterLeave a Comment

The president of Italian Industry Association Confindustria has said the post-Covid National Recovery and Resilience Plan (NRRP) needs revising.

'Lady Oil' on boat in Venice. She was jailed for mafai association.

Mafia ringleader ‘Lady Oil’ sentenced to jail

October 12, 2022October 12, 2022Deborah CaterLeave a Comment

Anna Bettozzi was sentenced to 13 years and two months in jail on Wednesday. Known as a petrol mafia ringleader ‘Lady Oil’, she was arrested last year for mafia association with ‘Ndrangheta.

Gas updates for Italy

October 6, 2022October 6, 2022Deborah CaterLeave a Comment

Gas updates: As Draghi tells European counterparts they must face the energy crisis together, Italy’s ecological transition minister signs a new decree.

Confindustria want new government in power asap

Confindustria wants new government in power ASAP

October 3, 2022October 3, 2022Deborah CaterLeave a Comment

Confindustria President Carlo Bonomi on Monday called for a new government to take power as soon as possible. He also wants it to be realistic in its goals.

Meloni at Coldiretti event Milan 11020 Rossella Papetti/AGF/Shutterstock

Meloni vows to put Italy’s national interests first at Coldiretti event

October 1, 2022October 1, 2022Deborah CaterLeave a Comment

Giorgia Meloni, leader of far-right party Brothers of Italy (Fdl) and most likely Italy’s next PM, vowed to put Italy’s national interests first in tackling soaring energy costs. However, she says it shouldn’t be seen as nationalistic or populist.