New York, April 8, 2025 – The official mission of the Lazio Region delegation, led by President Francesco Rocca and organized by I³/NYC – Italian Innovators Initiative, kicked off today in New York. Over the course of three days, the […]
Italy’s 2025 budget bill has reached the Senate, commencing its legislative process on Monday, with a final vote scheduled for December 28. The law, which encompasses a total of €30 billion, received the House’s final approval on December 20. However,
Italy’s 2025 Budget Bill Advances in Senate Amid Time Constraints Read More »
The European Central Bank (ECB) announced a 25 basis point cut to its three key interest rates, marking the fourth reduction in its current easing cycle. Effective December 18, 2024, the deposit rate will stand at 3.00%, the main refinancing
ECB Cuts Interest Rates by 25 Basis Points in Fourth Consecutive Reduction Read More »
The number of billionaires in Italy is on the rise, and even more notably, their collective wealth is growing at an accelerated pace. According to a report by UBS, the number of Italians with a net worth exceeding one billion
Rising Wealth: The Growth of Billionaires in Italy Read More »
Italy experienced significant banking disruptions beginning on November 28, as Nexi users faced widespread issues with card payments and withdrawals. The problems stemmed from service disruptions within Worldline, the French payment processing giant, affecting clients across multiple banks, including BPER,
Banking Disruptions Hit Italy: Nexi and Intesa Sanpaolo Face Major Service Outages Read More »
Banco Bpm’s board of directors has expressed strong concerns regarding Unicredit’s offer for a merger, which involves estimated gross cost synergies of 900 million euros. The bank argues that these synergies represent more than a third of Banco Bpm’s cost
Banco Bpm Raises Concerns Over Unicredit’s Offer Read More »
The European Commission has downgraded its growth forecasts for Italy, predicting a modest 0.7% GDP increase for 2024, followed by 1% in 2025 and 1.2% in 2026. This marks a downward revision from earlier projections in May, which had estimated
EU Cuts Growth Forecasts for Italy: Economic Recovery Faces Setbacks Read More »
In 2018, the issue of the “silent Enasarco” made headlines, though the term itself remains somewhat elusive. It refers to almost 700,000 Italian sales agents who, over the years, have paid into the National Social Security Fund for Commerce Agents
Amidst the mountain of amendments being presented for Italy’s upcoming budget law, one particular proposal stands out for its personal implications: Fratelli d’Italia (FdI) has proposed a cap on foreign payments to politicians, seemingly targeting former Prime Minister Matteo Renzi.
Renzi, Fratelli d’Italia, and the Clash Over Political Reforms in the Italian Budget Read More »
Over 4,500 amendments to the government’s budget bill have been submitted to the Budget Committee in Italy’s Chamber of Deputies, with about a quarter from the ruling majority. A review process will begin on November 15, with decisions on inadmissible
Italian Budget Law: Over 4,500 Amendments as Tensions Rise Read More »
