Italy expels two Russian intelligence officers over alleged espionage activities

Italy has expelled two Russian military attachés accused of carrying out intelligence activities under diplomatic cover, marking a new escalation in tensions between Rome and Moscow over alleged foreign interference. The decision was announced by Italian Foreign Minister Antonio Tajani, who said the government had ordered the departure......

Climate change could weaken Italy’s growth outlook and increase debt pressures by 2050

Climate change could become a major obstacle to Italy’s long-term economic performance, threatening to reduce growth potential and complicate efforts to manage the country’s already substantial public debt burden, according to a new study released on Wednesday. The analysis warns that rising temperatures and more frequent extreme......

EU court rejects Ryanair challenge to Italy's COVID-19 airline support scheme

The European Union's General Court has dismissed appeals filed by Ryanair against Italy's COVID-19 financial support programme for airlines, ruling that the emergency state aid scheme complied with European Union law. The decision confirms the legality of subsidies granted by the Italian government to airlines affected by the severe......

Meloni’s party proposes faster deportation rules for convicted foreign offenders in Italy

Italy’s ruling right-wing party has introduced a draft law aimed at accelerating the removal of convicted foreign nationals and expanding the possibility of revoking Italian citizenship from certain foreign-born offenders. The proposal, presented by lawmakers from Prime Minister Giorgia Meloni’s Brothers of Italy party, would......

UniCredit secures 17.6% stake in Commerzbank following takeover bid

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 to increase its presence in Commerzbank,......

Italy tourism set for record summer as northern regions drive visitor surge

Italy is on course for one of its strongest summer tourism seasons in recent years, with accommodation bookings rising sharply as international travellers increasingly favour the country for their holidays. Strong demand is particularly benefiting northern destinations and Italy's renowned lake districts, while visitor preferences continue......

Italy says it will no longer respond to Trump’s provocations ahead of NATO summit

Italy has signaled a shift in its approach to public exchanges with U.S. President Donald Trump, with Foreign Minister Antonio Tajani saying Rome will no longer respond to remarks it considers provocative in an effort to avoid unnecessary tensions between allies. Speaking in an interview published on Tuesday, Tajani said the Italian government......

Fincantieri expands underwater business with €600 million acquisition strategy

Italian shipbuilding group Fincantieri is significantly expanding its footprint in the underwater technology sector through a series of acquisitions worth approximately €600 million, strengthening its position in one of the fastest-growing segments of the maritime industry. The company announced that it has reached agreements to acquire......

Ferrari unveils limited-edition V12 manual supercar to celebrate classic driving experience

Italian luxury sports car manufacturer Ferrari has introduced a limited-edition V12 model equipped with a manual gearbox, reaffirming its commitment to traditional driving enthusiasts while continuing its broader transition toward electrification. The new 12Cilindri Manuale combines Ferrari's naturally aspirated 12-cylinder engine with......

Stellantis boosts Italy output 13.7% in first half as Hybrid and Jeep production expands

Vehicle production by Stellantis in Italy rose 13.7% year-on-year in the first half of 2026, supported by new production lines for hybrid and SUV models, according to data released by the FIM CISL trade union. The increase signals a partial recovery for the Franco-Italian automaker after a weaker performance in the previous year, driven by......

Italian authorities seize 340 kg of cocaine hidden in plantain shipment

Italian financial police have seized 340 kilograms of high-purity cocaine concealed inside a shipment of plantains at the Port of Vado Ligure, dealing another significant blow to international drug trafficking networks operating through European ports. Authorities estimate the seized narcotics would have had a street value of approximately......

Italy's services sector returns to growth in June as inflation pressures ease

Italy's services sector returned to growth in June, ending a three-month period of contraction as easing cost pressures and improving business conditions helped lift activity, according to the latest purchasing managers' survey. The S&P Global Italy Services Purchasing Managers' Index (PMI) rose to 50.2 in June from 49.4 in......

Italy unemployment falls to record 5% despite monthly loss of 22,000 jobs

Italy's unemployment rate declined to a historic low of 5.0% in May, even as the country recorded a net loss of 22,000 jobs during the month, according to data released on Thursday by the national statistics agency ISTAT. The figures highlight a mixed picture for Italy's labour market, where a shrinking number of job seekers contributed......

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