ROME — Italy’s 2026 budget bill became law on Tuesday after parliament approved it following weeks of political wrangling. The Lower House passed the bill after a confidence vote, approving it by 216 votes to 126, with three abstentions.
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Rome — Opposition parties have accused Prime Minister Giorgia Meloni’s government of descending into “chaos” over the 2026 budget bill after controversial amendments threatened the legislative process. The executive is racing to secure parliamentary approval before the end of the year.
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Italy’s public debt fell slightly in September, reaching 3.0809 trillion euros. The Bank of Italy said Treasury liquidity dropped sharply and drove the movement.
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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 […]
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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.
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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 […]
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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.
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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.
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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%.
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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.
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