economics archivos - Italy News

European Commission Lowers Italy’s GDP Growth Forecasts

November 16, 2024November 16, 2024Deborah CaterLeave a Comment

The European Commission released its autumn economic forecasts on Friday, revising its projections for Italy’s GDP growth.

Budget bill amendments are causing issues. Giancarlo Giorgetti says Stabillity and Growth Pact not ideal.

New Stability and Growth Pact an “improvement”

April 24, 2024April 24, 2024Deborah CaterLeave a Comment

Economy Minister Giancarlo Giorgetti said while he does not consider the European Union’s new Stability and Growth Pact ideal, it is a significant improvement on the EU’s old budget rules.

Italy’s Inflation Rate Lowest in Europe

April 1, 2024April 1, 2024Deborah CaterLeave a Comment

Italy’s inflation rate climbed to 1.3% in March compared to the previous year, showing a slower rise than expected. This development underscores the current state of the Italian economy, which is experiencing what can be described as a ‘soft landing.’

Demographic: Italian birth rate cntinues to drop

Italy’s birth rate continues to fall

March 30, 2024March 30, 2024Deborah CaterLeave a Comment

The birth rate in Italy continued its decline in 2023, with provisional data from ISTAT revealing 379,000 resident births, equivalent to 6.4 births per thousand people.

Confindustria President Carlo Bonomi says 2024 budget bill is reasonable

2024 budget bill “reasonable” says Confindustria chief

November 13, 2023November 13, 2023Deborah CaterLeave a Comment

Confindustria President commented on the government’s 2024 budget bill, deeming it “reasonable” in its focus on aiding low-wage earners. However, he criticised its incompleteness, whilst the Audit Court called it narrow.

Italian households struggle to make ends meet

October 21, 2023October 21, 2023Deborah CaterLeave a Comment

Eurostat released its latest Key Figures on European Living Conditions report on 20th October. It reported that 63% of Italian households struggle to make ends meet. Other statistics also made poor reading.

Foggia one of the areas included in the new single special economic zone (SEZ).

Cabinet approves decree on Italy’s southern regions

September 7, 2023September 7, 2023Deborah CaterLeave a Comment

The cabinet has approved a decree containing measures targeting southern Italy, sources said today. The decree creates a single special economic zone (SEZ).

Italy second in Europe for EU Fund Fraud investigations

June 6, 2023June 6, 2023Deborah CaterLeave a Comment

In 2022, the European Anti-Fraud Office (OLAF) opened ten investigations against Italy for EU fund fraud. Italy came second in Europe behind Hungary.

pasta prices double the rise of inflation in April

Italy to hold crisis meeting over price of pasta

May 8, 2023May 8, 2023Deborah CaterLeave a Comment

Italy’s government is convening a crisis meeting to address soaring pasta prices. The price of Italy’s popular basic food surged almost twice as much as the country’s inflation rate last month.