Economy
Italy recorded a strong increase in exports in June 2026, with overseas sales rising by 9.8% compared with the same month a year earlier, according to data from the Italian National Institute of Statistics (Istat). Exports also increased by 1.6% compared with May, indicating continued growth in Italy’s......
Azimut Holding continues to reinforce its international expansion strategy, with Morocco playing an increasingly important role in supporting the Italian asset manager’s global growth. The company has reported strong financial performance in 2026, reflecting sustained investor confidence and the......
Italy's manufacturing sector suffered an unexpected setback in June, with official data revealing a sharper-than-anticipated decline in industrial production and raising fresh questions about the strength of the country's economic recovery. Figures released by Italy's national statistics......
(TIM) said its board of directors has unanimously approved the voluntary public tender and exchange offer launched by Poste Italiane for all outstanding shares of the telecom operator. The decision marks a major step forward in one of the most significant transactions in the Italian telecommunications......
Italy has approved a €100 million sovereign financing package for Morocco to support the implementation of its national water strategy, as part of Rome’s Mattei Plan aimed at strengthening economic and development partnerships with African countries. The funding, included in an Italian government......
UniCredit has secured a 17.6% ownership stake in Commerzbank, according to newly released data, marking the latest step in the Italian lender's strategic investment in its German rival following a closely watched takeover attempt. The development comes after UniCredit pursued a months-long effort......
Turkey’s chemical exports recorded a sharp shift in May 2026, with Morocco rising to fourth place among the sector’s main destinations. The North African country moved ahead in the ranking behind Spain, Italy, and the Netherlands, marking a significant change in trade flows. Export volumes......
Morocco plans to establish a maritime navigation control center along the Atlantic corridor between Tarfaya and Laâyoune. The project aims to strengthen oversight of international shipping routes and improve maritime safety in the southern Atlantic zone, an area that sees heavy vessel traffic linking......
STMicroelectronics shares rose after Bank of America Securities upgraded the Franco-Italian semiconductor group from neutral to buy and raised its price target to 86 euros. The new valuation marks a record level among recent analyst forecasts and reflects renewed confidence in the company’s earnings......
The European Central Bank is preparing to raise interest rates for the first time in nearly three years as inflationary pressures intensify across the eurozone. The move comes as policymakers respond to weakening growth and persistent price increases linked to energy market disruptions. The eurozone......
Italy's largest banking group, Intesa Sanpaolo, has approved the acquisition of a minority stake in insurance giant Generali as part of a broader financial strategy linked to a proposed takeover in the banking sector. The decision comes within the context of ongoing consolidation efforts in Italy's......
Eurozone GDP contracted by 0.2 percent in the first quarter of 2026 after a sharp downward revision of earlier estimates. The final figures show a significant shift from the initial flash estimate, which had indicated a 0.1 percent expansion. The revision marks the first quarterly contraction in the......
Italy’s national statistics institute ISTAT has revised downward its economic growth forecast for 2026, reflecting a more cautious outlook for the country’s economy. According to its latest semi-annual report, Italy’s gross domestic product (GDP) is expected to grow by 0.7% in 2026,......
