The citizens’ income is expected to cost the state 7.1 billion euros this year, 7.8 billion in 2020 and 8.0 billion in 2021.
Get your daily update on all things Europe with Thursday night's full episode of Raw Politics.
The Italian government has approved welfare and pension reforms that were the main pledge of the Five Star Movement campaign.
2018 review: EU and Rome at loggerheads over budget and debt
Women make up 52% of Europe's population but they account for just 30% of startup entrepreneurs. Euronews went to Italy to find out why.
An EU-backed 'capacity building' project has helped promote regional know-how from southern Italy and encouraged local firms to work together
How worried should Europe be if the Italian crisis is portrayed by Eurosceptics as financial markets defying the will of Italian voters?
Officials warn incoming Italian government to keep its debt under control
There was no outright winner in the vote, but major gains for anti-establishment parties.
Lombardy in the north of Italy is an area known worldwide for the production of women’s socks.
Voters in the wealthy Italian regions will head to the polls on October 22
Italian rocket engine maker Avio launches its shares on the Milan exchange, raising money to better compete against rivals SpaceX and Blue Origin.
This episode of Business Planet comes from Sicily and looks at the Dual-use trend and the tremendous opportunities it can present.
Italy's economy grew by just 0.2 percent in the fourth quarter of 2016 and 1.0 percent year-on-year national statistics institute ISTAT says.
Italy's parliament has approved a 20 billion euro plan to prop up the country's weaker banks, starting with a bailout for Monte dei Paschi di Siena.
Shares in Monte dei Paschi suffered further steep falls on Monday as it tried to raise five billion euros by year-end to avoid a state bailout.
The Italian government is reportedly ready to pump 15 billion euros into Monte dei Paschi di Siena, and other troubled Italian banks.
Italy's largest bank, UniCredit, is to raise 13 billion euros in a share issue to shore up its balance sheet. It will also cut 14,000 jobs.
The world’s oldest operating bank Monte dei Paschi needs to raise five billion euros by the end of this month.
Markets were a little edgy at the opening - the Milan stock exchange fell as much as 2 percent - but most investors don't expect the country will leave the euro zone.
Matteo Renzi gets a boost ahead of Sunday's referendum with better-than-expected GDP figures.
Investor confidence in Italian banks ability to raise money to cover bad debt takes a tumble as fears over government's future weigh on market.
This edition of Real Economy comes from Bologna in Italy and Poland and focuses on the regions Smart Specialisation plans.
Italy's industrial production declined by less than expected in September, with a healthy gain of 1.2 percent from July to September.
With two months still to go, the deaths of refugees and migrants crossing to Europe has hit an all-time high
Italy's Monte dei Paschi says its restructuring plan includes writing off bad loans, job cuts and raising five billion euros in new capital.