Economy
Economic and financial news and information from Italy.
How companies in Europe are struggling to recruit workers from outside the EU
Almost half of European small and medium companies struggle to find workers with the skills they need but recruitment outside the EU remains “limited” and “too difficult”, a recent Eurobarometer survey published by the European Commission had shown.
Biggest EU economies agree on steps for financial integration
The finance ministers of the European Union's six biggest economies said Friday they had agreed on steps to better integrate financial markets and make investments flow seamlessly across the bloc.
Blockbuster EU-Mercosur trade deal enters into force
The European Union's mammoth trade deal with South American bloc Mercosur provisionally enters into force Friday, despite a pending court ruling on its legality.
Italy’s public deficit falls but remains above EU limit
Italy's budget deficit continued to fall in 2025 but remained just above the European threshold of 3 percent, the Istat national statistics agency said on Friday.
Italian central bank cuts forecasts due to Mideast war
Italy's central bank on Friday revised down its growth forecasts due to the "sudden energy price hikes" linked to the war in the Middle East.
Inflation to hit eurozone as war in the Middle East disrupts energy flows
In the Middle East energy exports to Europe have been disrupted by the conflict between the US, Israel and Iran that has spilled into surrounding regions. Economic experts are predicting a spike in inflation.
European leaders denounce Trump's tariff threats over Greenland
European leaders on Sunday hit back at US President Donald Trump's threat of tariffs over their opposition to his designs on Greenland, with far-right Italian leader Giorgia Meloni urging Washington against making a "mistake".
EU to ink long-awaited trade deal with South American bloc
The European Union will on Saturday sign a deal 25 years in the making with the South American trade bloc Mercosur, creating one of the world's largest free trade areas at a time of growing protectionism and volatility.
US to spare some Italian pasta brands from hefty tariffs
Italy has said the United States had given several Italian pasta brands a break from plans to slap hefty anti-dumping duties on exports.
Italy’s Meloni hails Fitch rating upgrade as ‘sign of confidence’ from markets
Italian Prime Minister Giorgia Meloni praised the upgrade of Italy's credit rating by Fitch on Saturday, calling it a "clear sign of confidence" in the country’s fiscal plan and political stability.
Impact of US tariffs varies across European Union
European countries are not all equally exposed to the US market and so will not suffer the same consequences should President Donald Trump go ahead with his threats to impose 30-percent tariffs on the European Union.
Nearly 100,000 young graduates left Italy over past decade, report finds
Almost 100,000 university graduates aged 25 to 34 have left Italy over the past 10 years, new figures showed, amid growing concerns over the cost of the country's brain drain.
Trump says he’s ‘100 percent’ sure of EU-US trade deal as Italy's Meloni visits
Donald Trump said on Thursday he was “100 percent” sure that the US will reach a trade deal with the EU as he held high-stakes talks with Italian PM Meloni.
European stock markets soar after Trump pauses trade tariffs
European stock markets rebounded sharply in early deals on Thursday after US President Donald Trump abruptly paused steep tariffs on most countries.
Poultry... motorbikes: EU announces first tariffs hitting back at US
The EU on Wednesday adopted its first measures hitting back at President Donald Trump's tariff onslaught, targeting more than €20 billion of US products including soybeans, motorcycles and beauty products.
European stock markets slump as Trump's tariffs kick in
European stock markets sank at the open on Wednesday as US President Donald Trump's steep new tariffs came into effect and triggered a fresh sell-off in global equities.
'Chaos is being created': Europe hits out at Trump's tariffs
European leaders hit out against sweeping new US tariffs on Thursday, with the EU saying it was ready to respond with countermeasures while opening the door for last-ditch negotiations.
Italian PM Meloni calls for 'reasoned' EU approach to US tariffs
Italian Prime Minister Giorgia Meloni on Saturday called for a "reasoned" European approach to escalating trade tensions with the US, reiterating the importance of transatlantic unity.
LATEST: EU vows firm retaliation if Trump unleashes tariffs
The European Union has insisted it would retaliate "firmly" if US President Donald Trump hit it with tariffs, as Brussels decried his sweeping measures against Canada, Mexico and China.
Tax cuts, debt reined in as Italy adopts 2025 budget
Italy's parliament on Saturday approved the 2025 budget, aiming to both appease EU demands to lower the eurozone nation's deficit and honour Prime Minister Giorgia Meloni's pledge to cut taxes.
'Historic': What full Schengen membership for Bulgaria and Romania means for Europe
EU states on Thursday cleared Bulgaria and Romania to become full members of the borderless Schengen zone from the start of next year. How will this historic decision impact Europe’s borderless travel zone and the EU economy?
EXPLAINED: Why the EU and China could be heading for a major trade war
EU countries gave a definitive green light on Friday to hefty additional tariffs on electric cars made in China, despite warnings that it will spark a damaging trade war with Beijing.
EXPLAINED: What's behind the battle for Italy's beach clubs?
Italy's system of beach concessions has long defied EU rules, but this looks set to change from next year. What's happening and what will this mean for beachgoers?