Business
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Meloni Urges Italian Firms to Embrace Ambitious Economic Vision
Rome: Premier Giorgia Meloni said in a video message to Italy’s young industrialists Friday that Italian government and businesses must…
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Bank of Italy Confirms GDP Growth Projections for 2025
Rome: The Bank of Italy on Friday confirmed its GDP estimate released in April: +0.6% in 2025, +0.8% in 2026,…
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Spread Drops to 10-Yr Low
Rome: The spread between Italian and German 10-year bond yields dropped to an over 10-year low of 89.8 points on…
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UniCredit Poised for Approval to Increase Commerzbank Stake to 30%
Berlin: UniCredit Andrea Orcel announced on Wednesday that Italy’s second-largest bank is on track to receive “a probable all-clear to…
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UniCredit May Abandon Banco BPM Acquisition Amid Government Conditions
Milan: UniCredit CEO Andrea Orcel announced on Wednesday that Italy’s second-largest bank might withdraw its bid to acquire rival lender…
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PSBR Down to 11.4 Bn in May
Rome: Italy’s public-sector borrowing requirement (PSBR) declined to 11.4 billion euros in May, a reduction from 12.9 billion euros in…
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Stellantis Sales Down 7.6% in May in Italy
Rome: Stellantis registered 39,118 cars in Italy in May, 7.6% less than the same month in 2024. The market share…
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Italy’s Unemployment Rate Declines to 5.9% in April
Rome: Italy’s unemployment rate was 5.9% in April, down 0.2 of a percentage point on March, according to provisional data…
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