Economy

In July, Italy’s public debt fell by €1.1 billion compared to the previous month, totaling €2,946.6 billion. This decrease was primarily due to a public sector cash surplus of €1.9 billion, which offset the impact of discounts and premiums on […]

Former Italian Prime Minister and ex-European Central Bank President, Mario Draghi, has released a bold manifesto proposing a new vision for the European Union. The report focuses on three key pillars: innovation, ecological transition, and defense, and calls for an

Italy’s economic struggles continue to be highlighted by the latest figures from Eurostat, the European Union’s statistical office. The data reveals a concerning drop in real gross disposable income for Italian households in 2023, now over six points below the

In July 2024, Italy’s employment figures reached a new milestone, surpassing 24 million employed individuals for the first time, according to Istat’s latest analysis. The month saw an increase of 56,000 jobs, primarily driven by a rise in self-employed workers,

The U.S. Treasury and State Departments have announced sanctions against nearly 400 individuals and companies involved in business with Russia, a country that has been under increasing sanctions since its invasion of Ukraine in 2022. Among those sanctioned are four

Beach umbrellas will be opened two hours late on Italian beaches on August 9th as a form of protest by beach operators from Fipe Confcommercio and Fiba Confesercenti. This action aims to draw attention to the unresolved issue of concessions.

Futures on Wall Street are plummeting due to recession fears triggered by disappointing macroeconomic data from last week, including July’s employment report released on Friday. Investors are concerned that the Federal Reserve may have delayed rate cuts for too long

On Friday, stock markets across almost all European countries performed very poorly, primarily due to the dismal performance of the U.S. stock market. The Japanese stock market also fared terribly, experiencing the second-largest drop since the pandemic. Contributing factors include