Public Debt Edges Lower in September
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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Tag: economy
Italy faces real-term wages decline and trade shifts
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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2026 Budget bill focused on families, tax cuts and business growth
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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Banks and insurers to shoulder €4.4 bn in 2026 budget
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 plans public debt reduction and defence spending rise
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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Construction and housing markets grow in Italy
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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Food prices in Italy 30% higher than 2019
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 slams “stupid and senseless” EU budget rules
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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Transactions linked to terrorist financing rose in 2024
Reports of suspicious transactions related to terrorist financing rose in 2024, according to the Financial Intelligence Unit (UIF) at the Bank of Italy.
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IMF warns Italy economic outlook remains fragile
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.
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