Day: May 19, 2025

EC Cuts Italian Growth Forecast to 0.7% in 2025

Brussels: The European Commission announced a revision of its growth forecasts for Italy, predicting a growth rate of 0.7% for 2025, a decrease from the previous estimate of 1%. The forecast for 2026 was also adjusted downward, from 1.2% to 0.9%.

Acc…

Work on Messina Bridge Set to Begin by End of Summer

Rome: Work to build a bridge over the Strait of Messina connecting Sicily to mainland Italy will begin by the end of the summer if the Interministerial Committee for Economic Planning and Sustainable Development (CIPESS) gives the all-clear by the end…