Verona: Italy’s wine sector risks losing two billion euros in revenue from the United States market because of the combined effects of US President Donald Trump’s tariffs and new consumption trends among young people, the Federvini association of wine…
Luxembourg: The first European Union tariffs in retaliation to US President Donald Trump’s imposition of 20% tariffs are set to be implemented on April 15, with a list of targeted US products currently being formulated, announced Foreign Minister Anto…
Trieste: Fincantieri and Carnival Corporation and plc have signed an agreement for the design and construction of two new cruise ships for AIDA Cruises, a leading company in the German-speaking cruise market, the Italian shipbuilder announced.
Acc…
Milan: The Milan stock exchange’s FTSE Mib index continued its downward trajectory, suffering a 7.4% drop following the opening of business on Monday. This decline is part of a broader pattern of instability in the money markets, instigated by tariffs…
Rome: The spread between Italy’s 10-year BTP bond and the German Bund leapt up to 130 basis points in early trading on Monday, the highest level since November.
According to Ansa News Agency, the yield on the BTP rose by three basis points to 3.79% …
Rome: The public sector borrowing requirement fell to 24.4 billion euros in March from 29.277 billion in March 2024, the economy ministry said Tuesday.
According to Ansa News Agency, this decrease in borrowing indicates a significant reduction in t…
Rome: Italy’s unemployment rate dropped to 5.9% in February, down from 6.2% in January, according to provisional data released by Istat on Tuesday. The national statistics agency reported that this figure marks the lowest level of unemployment since A…
Rome: Stellantis registered 52,254 cars in March, approximately the same number as last year, Dataforce said Tuesday. In the quarter, the group’s deliveries were 135,762, down 9.8% on the same period of 2024.
According to Ansa News Agency, in Italy,…