economy archivos - Page 5 of 7

Economy update - Italy GDP rises again Q2 2024. Image: Istat

Economy Update – Q2 and July 2024

September 2, 2024September 2, 2024Deborah CaterLeave a Comment

Economy: Industrial producer prices were up in July, whilst GDP grew slightly in the second quarter of 2024.

Fabio Panetta warns of low birthrate and says there's a need to increase employment of the young and women

Need to increase employment of young and women in Italy

August 22, 2024August 22, 2024Deborah CaterLeave a Comment

The Bank of Italy Governor warns of the effects of demographic decline and urges the increase of employment of the young and women.

Bank of ItalyUIF wanrs of organised cime contaminating the economy. By Mister No, CC BY 3.0, https://commons.wikimedia.org/w/index.php?curid=60391086

Organised crime contaminating the economy

July 31, 2024July 31, 2024Deborah CaterLeave a Comment

Enzo Serata, the director of the Bank of Italy’s Financial Intelligence Unit (UIF), raised concerns on Wednesday about “the ongoing threat of the legal economy being contaminated by organised crime.”

Sicily's only natural lake drying up. The climate crisis cost is the highest in Europe. Image: Fabrizio Villa/Getty Images

Climate Crisis Cost Italy €284 Per Resident in 2023

July 20, 2024July 25, 2024Deborah CaterLeave a Comment

Italy faced significant financial burdens with climate crisis cost reaching €284 per resident, the highest in Europe. This according to a report presented at a conference hosted by The European House Ambrosetti think tank on Saturday.

Meloni praises economic performance

July 2, 2024July 2, 2024Deborah CaterLeave a Comment

Premier Giorgia Meloni praised Italy’s economic performance in a message to the assembly of the insurers’ association Ania on Tuesday.

Inflation remains steady, industry prices +0.3% in May

June 28, 2024June 28, 2024Deborah CaterLeave a Comment

Italian inflation stayed at 0.8% in June, the same as May, Istat said on Friday. In May, industrial producer prices increased by 0.3% on a monthly basis.

Italian beach holidays increase again – volume and price

June 28, 2024June 28, 2024Deborah CaterLeave a Comment

This year will again see beach holidays as the most popular option in Italy. Predictions see higher volumes and a drop in Italian visitors, partly offset by an increase in foreigners.

economy deficit - public debt to be tackled by government

Italy facing EC deficit proceedings and pensions shortfall

June 20, 2024June 20, 2024Deborah CaterLeave a Comment

The European Commission announced Wednesday that Italy is one of seven countries facing a deficit-based excessive deficit procedure. The other countries are Belgium, France, Hungary, Malta, Poland, and Slovakia.

March employment rate up

May 12, 2024May 12, 2024Deborah CaterLeave a Comment

Istat announced today that Italy’s employment rate reached a record high of 62.1% in March. It rose 0.3% with respect to February.

extra virgin olive oil (EVOO) from Italy in a bottle

Italians less likely to buy EVOO due to price hikes

March 9, 2024March 9, 2024Deborah CaterLeave a Comment

A survey reveals that one-third of Italians have scaled back their consumption of extra virgin olive oil (EVOO). A cornerstone of the Mediterranean diet, the drop in oil sales is due to soaring prices.