Money
Read the latest financial, economic and cost of living news from Italy.
Eight measures in Italy’s 2027 budget that affect foreign residents
Italy’s draft 2027 budget includes an income tax cut for some higher earners and an extension to parental leave allowance.
Tax breaks for young people set to feature in Italy's 2027 budget
Lower taxes for young professionals and healthcare subsidies for over-75s were among the measures ministers were expected to approve in Italy's 2027 budget on Wednesday.
'Bonus mamme': How to claim Italy's new payment for working mothers
Italy has opened applications for this year's €720 payment for mothers in paid work, but not all will be eligible.
Do you have to pay Italian taxes on your foreign retirement funds?
While retiring in Italy is a popular idea – and even encouraged by the Elective Residency Visa – future pensioners need to be aware of potential cross-border tax issues in order to plan their financial future.
The hidden costs of being self employed in Italy
Striking out on your own as a freelancer or small business owner in Italy can be fulfilling and even financially advantageous, but there are some unexpected bureaucratic costs that come with it.
Italy remains a top destination for millionaires despite flat tax rise
Italy is still one of Europe's most attractive destinations for millionaires, according to a new report, despite raising its flat tax for wealthy new residents by 50 percent this year.
Italian energy provider Eni sets 30-day fuel price cap
Eni said Friday it is setting a 30-day fuel price cap for 30 days initially to take some of the sting out of recent price rises.
REVEALED: How Americans spend their money differently to Europeans
How do households in Europe and the United States spend their money? Official statistics reveal key and perhaps surprising differences when it comes to food and housing.
How Americans in Italy can benefit from international credit unions
As traditional banks increasingly spurn their US clients who live overseas, international credit unions may be a viable option for the banking and investment needs of Americans living in Italy.
Your questions answered on how new EU banking law affects Americans in Italy
In recent weeks, some Americans in Europe have received letters from their US banks warning them that they may have to close their accounts due to a new EU banking requirements. We asked specialists in financial planning and tax to explain the implications.
Can I get a refund in Italy if my train is cancelled because of strikes?
Strikes affecting national rail services are something of a regular occurrence in Italy. But can you get your money back if your journey is cancelled?
What new EU banking law means for foreigners in Italy
If you live in Italy and hold an account with a UK, US or other non-EU bank, you may have recently had a message telling you about a new EU directive. Here’s what it means for foreigners in Italy.
Italian binmen help recover lost €1 million lottery ticket
A €1 million lottery ticket was recovered from the trash in Italy after the frantic winner called on garbagemen to help her retrieve it, the waste management company told AFP.
What you need to know about Italy's 2026 summer sales
Italy's summer sales are underway. Here's what you need to know about the government-regulated period of discounts.
How not to get scammed at restaurants and bars in Italy
From €22 gelato to €7 coffee, there are endless examples of overcharging in Italy’s touristed areas. Here’s how to avoid becoming the next victim.
Why ten percent of Italy's families own more than half its wealth
The EU urged Italy to raise inheritance taxes after data showed wealth inequality had risen again - and some of the names topping the rich list haven't changed since the Renaissance.
Coffee and tomatoes: Which groceries are getting more expensive in Italy?
Food prices in Italy are up by 25 percent since 2021, though various products and different parts of the country are affected unequally.
Some bank transfers in Italy halted over Easter Weekend
Good Friday isn’t a public holiday in Italy, but standard transfers of money between banks will be delayed from Friday until Tuesday, April 7th.
What you should know about the EU's plan to tap your savings
Europe is in great need of money and the EU's plan to get hold of it is to tap the trillions of euros of EU citizens' savings. But will it work?
LISTED: Italy’s best-value supermarkets
With grocery prices on the rise – about 25 percent in the past five years – it’s good to know where you can find the lowest prices.
How war in Iran is driving up fuel costs in Italy
With the expanding conflict between Iran and the US and Israel disrupting the global fuel trade, motorists in Italy are already taking a hit.
What are the best phone plans for travel to Italy in 2026?
Getting stung by unexpected roaming fees is one of the fastest ways to take the air out of your Italy trip – but with a little advance planning, you can keep your internet access without racking up hefty charges.
How much does it cost to live in Rome in 2026?
Rome is generally believed to be a cheap city by European standards but expensive by Italian ones. What’s the reality?