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Italy

Italian olive oil production suffers from extreme heat and drought

Italy's Puglia region is facing high levels of heat and drought, causing water scarcity that is having negative consequences for the region's production of olive oil.

Italy

Beef between Italian government and Fiat 500 maker turns personal

The ongoing dispute between Europe’s second-largest car manufacturer and the Italian government continues — this time, with the Fiat 500’s iconic status front and centre.

Economy

IMF warns Italy on high public debt and urges swift fiscal reforms

The IMF urges Italy to address its growing public debt, projected to reach 145% of GDP. The Fund calls for urgent fiscal adjustments and structural reforms to ensure economic stability and long-term debt sustainability.

Economy

Why is inflation lower in Italy than the rest of Europe?

Italy's inflation rate rose to 1.3% in March compared to a year ago, albeit at a slower pace than anticipated.

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Economy

Italy: As sales rise and inflation stays low, can stocks extend rally?

Italy's retail sales climbed by 1% in January, while inflation remained well contained at 0.8% in February. The FTSE Mib index has seen five consecutive months of gains, but overbought conditions emerge.

Economy

The five challenges facing Italy's economy in 2024

With the ongoing national challenges such as slow GDP growth, an immigration crisis and a soft labour market, the global scenario remains bleak. For Italy, growth, albeit small, might still be on the cards, Osama Rizvi writes.

Economy

Germany sees notable uptick in inflation, breaking seven-month trend

Germany and Italy's annual inflation rates confirmed. Euronews Business looks at the factors influencing the economic trends in each country.

Business

Why has Italy abandoned the New Silk Road project with China?

Italy exits the New Silk Road: Euronews Business explores what this agreement encompasses and which countries are still involved.

Travel News

Bologna’s famous leaning tower on ‘high alert’ over collapse fears

The mediaeval Garisenda Tower is one of the Italian city's most iconic landmarks - and leans as much as its more famous counterpart in Pisa.

Economy

Italy's economy escapes recession but clouds loom for 2024

Euronews Business takes a closer look at Italy's current economic situation as its latest gross domestic product (GDP) figures are released.

Economy

Italy's recovery fund in focus and the quest to meet EU targets

Italy's recovery fund is in focus as it works towards meeting EU targets. Euronews Business looks at the challenges ahead for the country as it faces uncertainties but also opportunities and potential for growth.

Italy

More Italians are relying on donations as cost of living rises worsens

Euronews visits a store in Rome providing people with groceries for free, as one in twelve Italians live in 'absolute poverty'.

Business

Italy police seize €779 million from Airbnb in tax probe

Italy's financial police on Monday seized over €779 million from online accommodation service Airbnb for alleged tax evasion.

Economy

Italy announces €24 billion budget amid market concerns

Prime Minister Giorgia Meloni wants to support large families, cut taxes, and put more money in the pockets of low- and medium-wage earners.

World News

Hook, line and clinker: fisherman's concrete statue conservation idea

Sculptures scattered on the sea bed off the coast of Tuscany are preserving natural habitats and protecting flora and fauna from trawlers' nets

World News

Flying north for summer? How heatwaves are changing European holidays

Does the classic Mediterranean summer holiday have a future?

Italy

Italy's government cuts benefits to thousands of families by SMS

Giorgia Meloni's right-wing government is putting an end to benefits for thousands of families and individuals deemed 'fit to work'.

Europe Decoded

Why Italy is struggling to find ways to spend €200 billion in EU funds

Italy has been promised €200BN from the EU, but is struggling to find ways to spend the money

Italy

Italy PM Meloni's new budget proposal more EU-friendly than expected

The Italian government agreed on a new package for 2023, which includes curbing soaring energy bills and providing tax cuts for the self-employed.

Italy

Italy slashes 2023 growth forecast while public finances improve

The 0.6% forecast for next year signals a considerable worsening in the outlook compared with the previous goal of 2.4%