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…
Rome: Italian businesses see both the general economic situation and their own short-term operating conditions as worsening, according to the Bank of Italy’s latest Inflation and Growth Expectations Survey. It said companies’ prospects for the current…
Milan: The Milan stock exchange’s FTSE Mib index regained some ground after the opening of trading on Tuesday, rising by 1.54% to 33,361 points. This increase comes after three sessions of significant losses amid turmoil on the international money mar…
Rome: Premier Giorgia Meloni announced plans to request a transitional regime on State aid from the European Commission following discussions with business sectors in Rome about the impact of Trump-imposed tariffs. The move aims to free up resources t…
Rome: It is too early to assess the impact of Donald Trump’s tariffs on Italian business categories and the possible consequences for Italian GDP, Premier Giorgia Meloni told the leaders of those categories at Palazzo Chigi in Rome Tuesday.
Accordin…
Rome: The government is set to earmark some 25 billion euros from a review of the National Recovery and Resilience Fund (NRRP) and from cohesion funds in order to help ease the pain of Donald Trump’s tariffs for Italian businesses, Premier Giorgia Mel…
Rome: Premier Giorgia Meloni announced her intention to propose a “zero for zero” tariff strategy during her upcoming meeting with U.S. President Donald Trump in Washington on April 17. This approach aims to eliminate reciprocal duties on existing ind…