Day: April 9, 2025

CDP Posts Record Profits in 2024

Rome: Government bank Cassa Depositi e Prestiti (CDP) on Wednesday reported record net profits for 2024 of 3.3 billion euros, marking a 7% increase compared to 2023.

According to Ansa News Agency, CDP’s consolidated net profit reached six billion eur…

Milan Stock Market Declines by 2.75% Amid Tariff Tensions

Milan: The Milan bourse closed 2.75% down as fresh tensions surrounding tariffs imposed by President Trump weighed on the market. The FTSE-Mib index fell to 32,730 points, marking a significant downturn.

According to Ansa News Agency, the decline fo…

Cabinet Approves DEF, Now Renamed DFP

Rome: The cabinet on Wednesday approved the government’s DEF Economic and Financial Document economic blueprint, which from this year will be called the Public Finance Document or DFP.

According to Ansa News Agency, the DFP lays the groundwork for …

New Crash of Europe Stocks Wipes Out 446 Billion Euros

Milan: The European stock markets suffered another significant crash amid ongoing turmoil related to Trump’s tariff policies. This downturn on Wednesday led to the loss of billions in market capitalization.

According to Ansa News Agency, the Stoxx 6…

Lollobrigida Approves Three New Crimes Targeting Agri-Food Fraud

Rome: Farm Minister Francesco Lollobrigida announced on Wednesday the introduction of three new crimes targeting agri-food fraud, linked to the forthcoming budget bill. This initiative marks a significant step in the ongoing efforts to combat fraudule…

Police Dismantle Gang That Scammed the Elderly

Rome: Italy’s State police announced that they have dismantled a gang suspected of orchestrating 103 scams targeting elderly individuals across the nation.

According to Ansa News Agency, the police operation led to the arrest of 22 suspects, involv…