Business news from Italy: archives - Page 29 of 37

Second day of petrol station strike called off

January 25, 2023January 25, 2023Deborah CaterLeave a Comment

Fegica and Figisc Confcommercio called off the second day of a two-day petrol station strike today. It is for the benefit of the motorists, certainly not the government the unions say.

Cash payments measure removed from 2023 budget

Budget 2023 amends – cash payments measure removed

December 19, 2022December 19, 2022Deborah CaterLeave a Comment

On 17 and 18 December 2022, the Government filed three packages of amendments at the Budget Bill 2023. Among the amendments was the controversial cash payments measure.

ECB interest rates increase and put pressure on bonds

ECB interest rates put pressure on Italy’s bonds

December 16, 2022December 19, 2022Deborah CaterLeave a Comment

Italy’s State bonds came under renewed pressure on Friday after the European Central Bank (ECB) announced on Thursday it was taking a hard line to combat high inflation. The ECB interest rates increased by 0.5%.

next-generation fighter aircraft artist impression

Italy to join forces in developing next-generation fighter aircraft

December 9, 2022December 9, 2022Deborah CaterLeave a Comment

The governments of Italy, the United Kingdom and Japan said on Friday that they have agreed to joinforces “to develop a next-generation fighter aircraft by 2035”.

Ferrero acquires ice-cream maker Wells

December 9, 2022December 9, 2022Deborah CaterLeave a Comment

Italy’s chocolate and sweet maker Ferrero announced on 7th December it is buying US ice cream giant Wells Enterprises.

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.