US OKs potential sale of missiles and bombs to Italy, Pentagon says
WASHINGTON (Reuters) – The U.S. State Department has approved the potential sale to Italy of air-to-air missiles and small diameter bombs, the Pentagon said on Thursday. Italy has requested to buy 125…
Italy working on measures to boost Milan bourse’s allure
By Giuseppe Fonte ROME (Reuters) – Italy is readying measures to address the issues holding back the country’s capital markets and reinforce the role of the 200-year-old Borsa Italiana, according to government…
Former Italy PM Berlusconi acquitted in Bunga Bunga bribery case
MILAN (Reuters) – An Italian court on Wednesday acquitted former Prime Minister Silvio Berlusconi over allegations of bribing witnesses in a 2013 underage prostitution case. Berlusconi was accused of paying 24 people,…
Italy inflation-adjusted retail sales fell in 2022
ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with consumers suffering from high inflation, data showed on Wednesday. National statistics…
Italy Jan EU-harmonised CPI eases to 10.9% y/y, slightly below forecast
Feb 1 (Reuters) – Italian EU-harmonised consumer prices (HICP) fell a preliminary 1.3% month-on-month in January, with annual inflation slowing to 10.9% from 12.3% in December, data showed on Wednesday. The 10.9%…
Italy, Lufthansa sign letter of intent over ITA minority stake sale
ROME (Reuters) -Italy’s Treasury on Friday said it had signed a letter of intent with Lufthansa over the sale of a minority stake in state-owned airline ITA Airways, paving the way for…
Italy, EU close to deal to revive GACS bad loan scheme, sources say
By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy is close to clinching a deal with European Union competition authorities to reintroduce a scheme under which the state provides guarantees to…
Unions Shut Down Gas Stations Across Italy To Protest Prime Minister Meloni’s Reforms
Unions Shut Down Gas Stations Across Italy To Protest Prime Minister Meloni’s Reforms Lorenzo Prieto on January 25, 2023 A nationwide gas station operator strike broke out in Italy Wednesday in response…
Joy Reid Says It’s ‘Up For Debate’ On Whether DeSantis Thinks ‘Fascist Italy’ Was A ‘Bad Guy’ During World War II
Joy Reid Says It’s ‘Up For Debate’ On Whether DeSantis Thinks ‘Fascist Italy’ Was A ‘Bad Guy’ During World War II Harold Hutchison on January 19, 2023 MSNBC host Joy Reid claimed…
Unilever gets partial win in EU court over Italy competition fine
BRUSSELS (Reuters) – Consumer goods group Unilever secured a partial victory at the European Union’s highest court on Thursday over a 60 million euro ($65 million) fine imposed on it by Italy’s…
Amazon will not cut jobs in Italy, unions say after meeting
MILAN (Reuters) – Amazon does not plan to cut any jobs in Italy despite a drop in volumes last year, trade unions said on Tuesday after a video meeting with a company…
Italy to decide fate of top Treasury officials on Jan. 19, sources say
By Giuseppe Fonte and Angelo Amante ROME (Reuters) – Italy’s cabinet is likely to decide on Jan. 19 the fate of two influential Treasury officials, sources said, with nationalist Prime Minister Giorgia…
Italy says “technical issues” delay supply of air defence system to Ukraine
ROME (Reuters) – Italy intends to supply Ukraine with a missile defence system to help protect it against Russia attacks but must deal with technical issues before it can be dispatched, Foreign…
Italy theatre cancels show by Putin-tattooed Russian dancer
ROME (Reuters) – An Italian theatre on Friday called off a show by a prominent Russian dancer who has three tattoos of President Vladimir Putin on his chest and shoulders, reacting to…
Italy business and consumer morale rises in December, but manufacturers more downbeat
ROME, Dec 23 (Reuters) – Morale amongst Italian businesses and consumers rose in December, data showed on Friday, although the manufacturing sector was more downbeat. National statistics institute ISTAT’s composite business morale…
Italy govt calls confidence vote over 2023 budget
ROME (Reuters) – Italy’s government asked on Thursday for the lower house of parliament to hold a confidence vote on the 2023 budget to speed up its approval and ensure the package…
ECB rate hikes help Russia by damaging EU economy, Italy minister says
By Angelo Amante and Crispian Balmer ROME (Reuters) – The European Central Bank’s interest rate policy is damaging Europe’s economy and helping Russia undermine Western solidarity for Ukraine, the Italian defence minister…
LVMH to build new workshop making Louis Vuitton bags in Italy
ROME (Reuters) – LVMH, the world’s largest luxury goods group, plans a new factory in Italy producing Louis Vuitton bags and other leather accessories, the Tuscany region said on Friday. The workshop…
Italy, November EU-harmonised CPI revised to +12.6% y/y
(Reuters) – Italian EU-harmonised consumer prices (HICP) rose 0.7% month-on-month in November and were also up 12.6% from the year earlier, official statistics agency ISTAT said on Friday, revising up preliminary data.…
Italy minister takes swipe at ECB after policy moves hit markets
ROME (Reuters) – An Italian minister and co-founder of Prime Minister Giorgia Meloni’s party sarcastically took aim at the European Central Bank, pointing to how its policy moves taken on Thursday were…
Italy collects around 2.8 billion euros from 2022 energy windfall tax
By Giuseppe Fonte ROME (Reuters) -Italy has so far collected around 2.8 billion euros ($3 billion) from a contested windfall tax on energy companies in force for this year only, Economy Minister…
Italy October industry output falls more than expected for second month running
ROME, Dec 13 (Reuters) – Italian industrial output fell more than expected in October after plunging the month before, data showed on Tuesday getting the fourth quarter off to a bad start…
UK, Japan, Italy fighter jet project door still open to others: BAE CEO
LONDON (Reuters) – The chief executive of BAE Systems said that Japan, Britain and Italy’s fighter jet project has enough partners to proceed as it is, but he didn’t rule out a…
Italy statistics bureau slashes 2023 growth forecast amid downside risks
By Francesca Piscioneri ROME (Reuters) – Italy’s economy will grow by 0.4% next year, national statistics bureau ISTAT said on Tuesday, slashing a 1.9% projection made in June and warning of several…
EU’s Gentiloni urges Italy to stick to recovery fund deadlines and targets
MILAN (Reuters) – Italy should focus on meeting all deadlines for the EU’s post-pandemic recovery fund, the bloc’s Economy Commissioner Paolo Gentiloni warned on Thursday. Gentiloni was speaking in Rome, where some…
Italy Nov EU-harmonised CPI edges down to 12.5% y/y, but above forecasts
ROME (Reuters) – Italian EU-harmonised consumer prices (HICP) rose a preliminary 0.6% month-on-month in November, with annual inflation slowing marginally to 12.5% from 12.6% in October but exceeding expectations, data showed on…
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