Economy



EU coalition urges tougher trade measures against China

France, Italy, Spain, the Netherlands and Lithuania have jointly called for stronger European Union action against China’s trade practices, intensifying pressure on Brussels to adopt tougher tools to protect European industry. The coordinated stance adds momentum to a broader policy shift under......

Italy told it could learn from Spain’s stronger economic growth model

Italy could improve its long-term economic performance by adopting policy lessons from Spain, according to a new report from the national statistics institute ISTAT. The analysis highlights that Italy’s economy is expected to grow by less than 1% this year, marking a fourth consecutive year of......

Mediterranean navigation season disrupted by weather and fuel crisis

The 2026 Mediterranean navigation season has opened under severe disruption as extreme weather events, aviation fuel shortages, and geopolitical tensions reshape maritime tourism across the region. Conditions that typically support stable growth in yacht charters and cruise activity have been replaced......

Turkey receives first emergency US oil shipment amid Hormuz crisis

Turkey is preparing to receive its first ever emergency crude shipment from the United States Strategic Petroleum Reserve as Washington expands energy exports to allies facing supply disruptions linked to the effective closure of the Strait of Hormuz. Tanker tracking data showed that American reserve......

Armani considers dividing 15% stake among luxury giants, report says

Italian fashion house Giorgio Armani is reportedly considering splitting a 15% ownership stake into three equal parts, potentially involving major luxury players including LVMH Moet Hennessy Louis Vuitton SE, L'Oreal SA, and EssilorLuxottica SA. According to reports, the plan is linked to the long-term......

Swisscom says Italian tower dispute could take years to resolve

Swiss telecom group Swisscom has warned that its dispute over mobile tower infrastructure in Italy could take up to five years to fully resolve, highlighting ongoing challenges in the country’s highly competitive telecom market. The company is seeking to reduce its dependence on Italian tower......

BPER Banca reports strong first-quarter profit following major merger

Italian banking group BPER Banca reported stronger-than-expected financial results for the first quarter of the year, supported by higher revenues and the successful integration of its merger with Banca Popolare di Sondrio. The bank announced a net profit of 549 million euros during the first three......

Eni shareholders back board, clearing way for CEO’s record fifth term

Eni shareholders have approved a new board lineup proposed by the Italian government, opening the way for Chief Executive Officer Claudio Descalzi to secure an unprecedented fifth term at the helm of the state-controlled energy company. At the annual general meeting, 51.38% of participating shareholders......

Italy opens antitrust probe into Glovo and Deliveroo over rider treatment claims

Italy’s competition authority has launched investigations into the Italian operations of food delivery platforms Glovo and Deliveroo over alleged misleading claims regarding the treatment of delivery riders. The probe also involves Glovo’s parent company Delivery Hero SE, which controls......

Italy posts modest growth in first quarter as economic risks increase

Italy recorded slight economic growth in the first quarter of the year, according to preliminary data released by the national statistics institute. The performance exceeded some expectations but remains fragile amid rising global uncertainties. Gross domestic product (GDP) increased by 0.2% compared......

Italy's CDP against selling stake in Nexi, sources say

Italy’s state-owned lender Cassa Depositi e Prestiti (CDP) is not planning to sell its stake in payments company Nexi, according to sources familiar with the matter. CDP currently holds around 19% of Nexi through its investment arm CDP Equity. Despite recent market speculation, the institution......

Italy calls for EU budget flexibility on energy spending

Italy has urged the European Commission to allow greater flexibility in budget rules so that energy-related spending can be treated similarly to defence expenditures. The proposal reflects mounting pressure on European governments to address rising energy costs affecting households and businesses. Italian......

Italy set to become eurozone’s most indebted country, overtaking Greece

Italy is on track to become the most indebted country in the eurozone, surpassing Greece for the first time in years, according to recent fiscal projections. Estimates suggest that Italy’s public debt will peak at around 138.6% of its gross domestic product (GDP) in 2026, slightly above Greece’s......

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