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Economy

Moody’s lifts Italy’s debt outlook to stable

Italy’s sovereign debt rating was held at Baa3 by Moody’s on Friday, one place above junk, but upgraded the outlook to stable from negative.

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posted on 20.11.2023

Economy

Italian economy "could slow down in coming months": ISTAT

Italy's economy will likely slow over the coming months after stagnating between July and September, according to the latest report from the country's national statistics bureau, ISTAT.

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posted on 13.11.2023

Economy

2024 budget draft unveils tax hikes on multiple short-term rentals

The Italian government is planning to increase taxes on short-term rentals by owners letting out more than one property.

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posted on 30.10.2023

Economy

Moody’s lifts Italy’s debt outlook to stable

Italy’s sovereign debt rating was held at Baa3 by Moody’s on Friday, one place above junk, but upgraded the outlook to stable from negative.

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posted on 20.11.2023

Economy

Italian economy "could slow down in coming months": ISTAT

Italy's economy will likely slow over the coming months after stagnating between July and September, according to the latest report from the country's national statistics bureau, ISTAT.

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posted on 13.11.2023

Economy

2024 budget draft unveils tax hikes on multiple short-term rentals

The Italian government is planning to increase taxes on short-term rentals by owners letting out more than one property.

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posted on 30.10.2023

Economy

Italy presents 2024 budget with €24bn in tax cuts

Italy’s government has approved the 2024 budget with around €24 billion in tax cuts and a hike in spending, despite concerns over the country’s public finances.

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posted on 17.10.2023

Markets

Bank of Italy governor concerned over Italy’s long-term growth

The recent rise in Italy’s borrowing costs reveals investors are preparing for a mixture of weak growth and high debt, according to the Bank of Italy’s outgoing governor, Ignazio Visco.

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posted on 10.10.2023

Economy

Italy hikes budget deficit targets amid weakening economy

Italy’s government slashed its growth forecasts for 2023 and 2024 and increased its budget deficit targets as mounting interest rates impact the economy.

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posted on 28.09.2023

Economy

GDP revisions to limit Italy's 2023 deficit hike

Italy is hoping the impending revisions to GDP growth data for 2020/22 will curb what would be a robust overrun of the country's budget deficit target for this year.

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posted on 19.09.2023

Economy

Italy’s 2023 and 2024 GDP outlook slashed by EU

The European Commission has slashed its growth forecasts for Italy’s economy in 2023 and 2024, following a series of weak data, limiting the prime minister’s scope for promised tax cuts next year.

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posted on 12.09.2023

Business

Italy’s business confidence declines due to mixed economic data

Italy’s business and consumer sentiment decreased according to the latest survey of households and businesses published by the country’s National Institute of Statistics (ISTAT).

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posted on 31.08.2023

Politics

Italy hopeful of reform to EU Stability Pact by end of 2023

Italy’s economy minister, Giancarlo Giorgetti, will not request an extension of the Stability Pact clause suspension but is hopeful reforms will be completed by the end of the year to resume in 2024

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posted on 22.08.2023

Economy

Italy unveils 40% windfall tax on banks for 2023

Italy has set a one-off 40% tax on profits derived from higher interest rates after reproaching lenders for not rewarding deposits.

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posted on 09.08.2023

Economy

Italy presents 2024 budget with €24bn in tax cuts

Italy’s government has approved the 2024 budget with around €24 billion in tax cuts and a hike in spending, despite concerns over the country’s public finances.

posted on 17.10.2023

Markets

Bank of Italy governor concerned over Italy’s long-term growth

The recent rise in Italy’s borrowing costs reveals investors are preparing for a mixture of weak growth and high debt, according to the Bank of Italy’s outgoing governor, Ignazio Visco.

posted on 10.10.2023

Economy

Italy hikes budget deficit targets amid weakening economy

Italy’s government slashed its growth forecasts for 2023 and 2024 and increased its budget deficit targets as mounting interest rates impact the economy.

posted on 28.09.2023

Economy

GDP revisions to limit Italy's 2023 deficit hike

Italy is hoping the impending revisions to GDP growth data for 2020/22 will curb what would be a robust overrun of the country's budget deficit target for this year.

posted on 19.09.2023

Economy

Italy’s 2023 and 2024 GDP outlook slashed by EU

The European Commission has slashed its growth forecasts for Italy’s economy in 2023 and 2024, following a series of weak data, limiting the prime minister’s scope for promised tax cuts next year.

posted on 12.09.2023

News Category Icon

Moody’s lifts Italy’s debt outlook to stable

Italian economy "could slow down in coming months": ISTAT

2024 budget draft unveils tax hikes on multiple short-term rentals

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