Italy is grappling with a dual economic challenge: workers’ real hourly wages are falling, while export and import flows are shifting markedly. Data released this week by the Istat reveal that, in September 2025, hourly contract wages were 8.8 % lower in real terms compared with January 2021. At the same time, nominal wages held […]
Continue Reading
Premier Giorgia Meloni unveiled Italy’s 2026 budget bill, describing it as a “serious” plan built around families, business growth and tax relief. The cabinet approved the draft on Friday.
Continue Reading
ROME — Italy’s banks and insurance companies are to play a central role in funding the 2026 government budget. The Draft Budgetary Plan (DBP) submitted to the European Commission calls for a €4.4 billion contribution in 2026 — equal to 0.19 % of GDP. The financial sector’s contribution is to come via the extension of […]
Continue Reading
Italy is moving to tackle its high public debt while planning a gradual increase in defence spending, Economy Minister Giancarlo Giorgetti said on Thursday. He spoke in the introduction to the government’s DPFD public finance plan, approved by Premier Giorgia Meloni’s cabinet.
Continue Reading
Italy’s construction and housing markets continued to grow in mid-2025, though the pace of expansion slowed compared with earlier months. Both sectors posted steady gains, highlighting resilience despite economic pressures.
Continue Reading
Rome, 10 September 2025 – After two months of stability, food prices in Italy rose by 0.4% in August, ISTAT reported. That marks a 1.4% increase since January and a 4% rise year-on-year compared with August 2024, up from July’s 3.7%.
Continue Reading
Italy’s Economy Minister Giancarlo Giorgetti has called for urgent changes to European Union budget rules, branding them “stupid and senseless” during talks with eurozone counterparts in Luxembourg on Thursday.
Continue Reading
Reports of suspicious transactions related to terrorist financing rose in 2024, according to the Financial Intelligence Unit (UIF) at the Bank of Italy.
Continue Reading
Rome, May 29, 2025 – The International Monetary Fund (IMF) has urged Italy to maintain fiscal discipline and press forward with structural reforms, warning that the country’s economic outlook remains fragile despite recent gains.
Continue Reading
Italy came under renewed pressure on Monday to ratify the reform of the European Stability Mechanism (ESM), as several EU finance ministers raised the issue during the Eurogroup meeting in Brussels.
Continue Reading
