If you’re of working age and looking to move to Italy, you’d be wise to double-check average income in Italy statistics. The declarations for 2023 were released by the economy ministry this week and show an average declared income of €23,650.
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As of 4th April 2024, non-EU residents have the option to apply for a Digital Nomad visa in Italy. If your dream is to work remotely from a Tuscan village or overlooking the canals of Venice, now is your chance.
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In 2023, Automobili Lamborghini achieved remarkable milestones, with more than 10,000 cars delivered to customers for the first time and a record-breaking 27.2% operating margin.
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Italy’s Antitrust Authority imposed a €10million fine on video-sharing social media giant TikTok for its failure to adequately safeguard minors from potentially harmful content.
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Ferrero announce turnover up by 20% in 2023. Similarly, the Italian telecoms giant TIM announced a 31% increase in earnings in 2023, whilst EssilorLuxottica announced a 14% increase in profits.
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Agriculture Minister Francesco Lollobrigida said today he had met and was continuing to meet farmer protest groups. Agricultural Redemption earlier said they would allow their tractors to roam free in the capital Saturday unless the minister replied to their ultimatum by midday on that day.
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In a bilateral meeting between Premier Giorgia Meloni and Japanese Prime Minister Fumio Kishida for the handover of the G7 duty presidency, the next Universal Exposition in Osaka in 2025 (Expo 2025) was a key topic of discussion.
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In 2023, Italian spumante will have outsold champagne with an estimated 95million bottles uncorked in Italy during the festive season, compared to around 6million bottles of Champagne.
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The Italian economy is in stagnation and in the fourth quarter of 2023 GDP growth is almost at a standstill, Italy’s leading industrial association Confindustria said today.
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Campari is set to acquire Courvoisier Cognac from the US-Japanese spirits group Beam Suntory in a deal valued at $1.32bn. This represents the largest acquisition by the Italian spirits group, as leading cognac makers, including Courvoisier, report decreased sales due to slowing consumer demand.
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