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.
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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.
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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.
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The president of Italian Industry Association Confindustria has said the post-Covid National Recovery and Resilience Plan (NRRP) needs revising.
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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.
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Gas updates: As Draghi tells European counterparts they must face the energy crisis together, Italy’s ecological transition minister signs a new decree.
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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.
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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.
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The price of unleaded fuel drops to its lowest average price in 11 months. Meanwhile, house prices rise by 5.2% compared to last year.
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Italy’s net energy import costs are set to more than double this year, the economy minister said. He added the warning, Rome cannot not spend indefinitely to cushion the blow on the economy.
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