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Italian economy

  • Friday, 10 January, 2025
    News in-depth
    Italy’s luxury wineries rely on illegal migrant workers

    Barolo, Barbaresco and other high-end wines made in Langhe region grapple with dependence on undocumented labourers

    The small town of Barolo nestled amongst vineyards in the Langhe region of Piedmont
  • Sunday, 29 December, 2024
    News in-depthItalian politics
    Meloni cracks down on Mussolini’s crop: hemp

    Italian government to ban all cannabis flowers, including a staple of Il Duce’s fascist regime

    A person holds handfuls of cannabis
  • Sunday, 15 December, 2024
    Italian politics
    Meloni races to finalise budget to affirm markets’ faith in Italy

    Investors’ optimism on coalition’s fiscal rectitude has lowered Rome’s cost of borrowing substantially

    Giorgia Meloni rests her head on her hand in the Italian parliament
  • Thursday, 5 December, 2024
    Italy’s slowing economy raises pressure on Meloni

    Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budget

    Prime Minister Giorgia Meloni at a conference in Rome, Italy on November 27 2024
  • Thursday, 24 October, 2024
    Oaktree Capital Group LLC
    Oaktree-backed bank under court administration over mafia-linked loans

    Milan prosecutor says there is evidence of state-guaranteed loans given to businesses connected to organised crime

    Milan skyline
  • Friday, 18 October, 2024
    News in-depthAutomobiles
    Italy confronts woes of ‘Mamma Fiat’

    A painful EV transition for the Stellantis-owned brand has shaken its home city of Turin and sparked an acrimonious spat with Rome

    1930 ITALY - JANUARY 01:  A great test speedway has been built on the roof of the huge FIAT factory at Turin, Italy.The FIAT organization as a whole is an enormous and complex group of factories.) second image modern Fiat car in Turin
  • Tuesday, 15 October, 2024
    Italian politics
    Meloni targets banks and insurers to raise €3.5bn to plug Italian budget

    Rome approves proposals targeting deferred tax payments and stock options in financial sector

    Giorgia Meloni, seated, takes notes during a discussion at the Chamber of Deputies. Next to her is Giancarlo Giorgetti, seated with his arms crossed
  • Thursday, 3 October, 2024
    Italy seeks to raise more windfall taxes from companies

    Finance minister says ‘everyone must contribute’, not just banks

    Giorgia Meloni, right, and Giancarlo Giorgetti
  • Monday, 23 September, 2024
    Better late than never: Italy’s back!

    A GDP recovery 15 years in the making

  • Sunday, 15 September, 2024
    Italian politics
    Italy retains allure for rich Europeans fleeing higher taxes

    Doubling of flat-tax regime does not dissuade global super-rich from shifting residency to the country

    People walk outside the Hermès store on Via Monte Napoleone in Milan, Italy. The street is bustling with pedestrians and lined with luxury shops.
  • Saturday, 7 September, 2024
    Prosciutto in peril as Italy struggles to contain swine fever

    Farmers fear for livelihoods as government struggles to stem worst outbreak of virus in decades

    Pigs
  • Friday, 30 August, 2024
    Italian politics
    Italy weighs sharp tourist tax rise in furore over impact of visitors

    Government proposes levy of up €25 a night for most expensive hotel rooms to help cash-strapped cities

    Tourists stand on a viewing platform in Riomaggiore, Cinque Terre, north-western Italy
  • Monday, 19 August, 2024
    News in-depthItalian politics
    Italy’s Olympic gold in volleyball sparks nationality row

    Giorgia Meloni’s coalition at odds over faster naturalisation of children with immigrant background

    Italy’s Paola Egonu playing in the women’s volleyball at the Paris Olympics
  • Wednesday, 7 August, 2024
    Italian politics
    Italy doubles tax for wealthy foreigners

    Premier Giorgia Meloni hopes measure will address local concerns that expats have sparked a rise in housing costs

    Shoppers in Milan, Italy
  • Wednesday, 7 August, 2024
    Business InsightSilvia Sciorilli Borrelli
    Train delays disrupt Italian business and tourism

    Numerous maintenance works scheduled this year have thrown the country’s rail industry into chaos

    A high-speed train at Rome’s rail station
  • Tuesday, 30 July, 2024
    Italian beachgoers face threat of sunbed rental strike

    Coastal businesses are threatening to stop working for some of August to protect their lucrative concessions

    Umbrellas and people on a beach are seen in an aerial drone view in Alba Adriatica
  • Thursday, 11 July, 2024
    Business InsightSilvia Sciorilli Borrelli
    Why backing superyachts might be a good idea for Italy

    The sector is one where the country has excelled, creating jobs while other sectors have shrunk

    Superyachts in Portofino, Italy
  • Thursday, 20 June, 2024
    Italy
    Indian worker’s death exposes plight of migrant labour in Italy

    Satnam Singh died after having his arm severed by a machine on a farm near Rome

    Workers in a vineyard near Rome
  • Wednesday, 5 June, 2024
    OutlookSilvia Sciorilli Borrelli
    Why Italy’s expat tax regime is fomenting social discord in Milan

    As house prices rocket and queues outside food banks grow, local resentment is rising

    People walk past shiny office blocks in Milan
  • Monday, 27 May, 2024
    Andrea Lorenzo Capussela
    Italy’s amnesties damage the economy as well as the rule of law

    Giorgia Meloni’s government is following a well-trodden path by tolerating lawbreaking in the construction business

    Georgia Meloni
  • Tuesday, 21 May, 2024
    Italian taxi drivers’ strike raises pressure on Meloni government

    Action comes after government minister met delegation of executives from ride-hailing app Uber

    Taxi drivers protest in Rome
  • Saturday, 11 May, 2024
    Sovereign bonds
    Household demand for Italian debt slumps

    Analysts forecast Rome will tap institutional investors for more debt

  • Tuesday, 30 April, 2024
    Eurozone economy
    Germany propels eurozone growth to 0.3%

    GDP expansion in largest economies comes as bloc’s headline inflation remains at 2.4% but core rate keeps falling

    An electric car production line at the Stellantis factory in Sochaux, eastern France
  • Tuesday, 9 April, 2024
    Italy commits to cut deficit despite soaring cost of tax credits

    ‘Superbonus’ scheme balloons to €219bn compared with €140bn estimated last year

    Giorgia Meloni
  • Friday, 29 March, 2024
    Eurozone inflation
    French and Italian inflation data boost hopes of ECB rate cut

    Price growth in key eurozone economies undershoots expectations

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