Category: Business

Italian House Purchases Up 1.3% in 2024 – Report

Italy: Italy registered 720,000 purchases of residential properties in 2024, a rise of 1.3% with respect to the previous year, according to a new report by the Italian inland revenue agency, L’Agenzia delle Entrate.

According to Ansa News Agency, the…

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…

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…

Giro: Rain Causes Multiple Crash, Stage ‘Neutralized’

Naples: Heavy rain caused a multiple pile-up on the sixth stage of the Giro d’Italia Thursday and the stage was subsequently ‘neutralized’ with riders cycling safely and surely behind the director’s car.

According to Ansa News Agency, the general cra…