According to a new poll by the polling company Izi, in the last few days there have been substantial changes regarding the voting intention of Italians. In more detail, the far-right Adelphia of Italy remains firmly in the first place of the intention to vote, with a percentage of 24.5%. Second is the center-left Democratic […]
Tag: Italy
Italy: The government is preparing energy saving measures
According to Italian media, the government of Mario Draghi is preparing to approve two new main measures to save energy. At today’s cabinet meeting, as broadcast by Rai public television, Energy Minister Roberto Cingolani, in accordance with information, emphasized that from the beginning of October, private and public services, as well as the tenants of […]
Italy’s industry lobby warns of ‘financial earthquake’ from energy prices
Italy must respond to an “economic earthquake” from rising energy costs, the head of the country’s business lobby said on Thursday, adding that companies could not afford to wait for a new government to get more help. The head of Confindustria, Carlo Bonomi, called for a cap on the price of natural gas “if not […]
Italian GDP growth in the 2nd quarter was revised upwards to 1.1%
Italy’s economy grew by 1.1 percent in the second quarter from a year earlier on strong domestic demand, national statistics agency ISTAT said on Thursday. It is recalled that in the preliminary estimate, GDP growth was measured at 1% on a quarterly basis. On an annual basis, second quarter GDP was correspondingly revised to +4.7% […]
Italy. The center-right and far-right maintain a large lead in voting intention
According to a poll by polling company Swg, conducted for private TV channel La7, Italy’s conservative faction maintains a large lead over the center-left ahead of parliamentary elections on September 25. The extreme right of the Brothers of Italy “convinces” 24.8% of the respondents, the League is at 12.5%, while 7% of the statistical sample […]
Italy: Hoteliers’ federation sounds alarm over huge energy hikes
The Italian Federation of Hotels Federalberghi has sounded the alarm today regarding the cost of energy and its impact on businesses in the tourism sector. “After two years of terrible trials, while our companies were trying to get back on their feet, they are now again without oxygen,” emphasized the president of Federalberghi, Bernanbo Boca. […]
Italy: Towards new household support measures
Italian parties are calling on Mario Draghi’s government to adopt new relief measures to deal with continued increases in the energy sector. With the pre-election period underway, the demand is being made by almost all political forces: from the League to the Five Stars and the centre-left Democratic Party. According to the press, the Italian […]
Handelsblatt: Hedge funds bet $39 billion against Italian government bonds
Over-indebted Italy is once again in the focus of speculators’ attention, according to Handelsblatt. Uncertainty ahead of new elections on September 25 and the economic fallout from the energy crisis, which has particularly hit Italy, which is heavily dependent on natural gas, have brought hedge funds to the fore. They bet against Italy. Data from […]
Italy: Business confidence sinks ahead of elections, consumer confidence strengthened
Business confidence in Italy fell significantly in August amid rising energy costs as the country prepares for elections, while consumer confidence unexpectedly strengthened. In particular, the Italian statistics agency ISTAT’s manufacturing confidence index fell to 104.3 in August from 106.4 in July, sliding to a low since last year in March. The data was broadly […]
Italy’s winter gas reserves at 80%, Draghi says
Italy’s efforts to reduce its dependence on Russian natural gas have made the country less vulnerable to a complete supply cut, Prime Minister Mario Draghi said. According to him, Italy has reached 80% of its gas storage capacity for the winter and is on track to reach 90% by October. Speaking in Rimini, on the […]