Rome: Italy’s purchasing power is 26% below Germany’s, retail group Confcommercio said Tuesday. Taking into account the cost of living, the purchasing power of Italian salaries remains 26.5% lower than the German one and 12.2% lower than the French on…
Brussels: The EU must bolster its economic and business model to counteract the impact of distorting tariffs, according to the president of Italy’s antitrust authority, Roberto Rustichelli. In his annual report presented on Tuesday, Rustichelli emphas…
Milan: Italy will be up to global challenges even in the face of turmoil sparked by Donald Trump’s erratic tariff policies, Economy Minister Giancarlo Giorgetti said Tuesday. “Italy will be up to the challenges that the international framework imposes…
Rome: In February, public debt returned above 3,000 billion due to the growth of “Treasury liquidity”, the Bank of Italy said Tuesday. Public administration debt increased by 42.6 billion compared to January, amounting to 3,024.3 billion, said the Ita…
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…
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 …
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…
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…