Italy’s Senate approved a budget for 2026, advancing legislation that will tame the country’s deficit along with a contentious amendment over the ownership of its gold reserves.
Italy’s Senate approved a budget for 2026, advancing legislation that will tame the country’s deficit along with a contentious amendment over the ownership of its gold reserves.
Gold bars in the vault of the Bank of Italy in Rome. Photographer: Vittoriano Rastelli/Getty Images
Italy’s Senate approved a budget for 2026, advancing legislation that will tame the country’s deficit along with a contentious amendment over the ownership of its gold reserves.
Italy’s Senate approved a budget for 2026, advancing legislation that will tame the country’s deficit along with a contentious amendment over the ownership of its gold reserves.
Gold bars in the vault of the Bank of Italy in Rome. Photographer: Vittoriano Rastelli/Getty Images
Italy didn’t exert undue influence over the Banca Monte dei Paschi di Siena SpA takeover of smaller rival Mediobanca SpA, Finance Minister Giancarlo Giorgetti said.
Italy didn’t exert undue influence over the Banca Monte dei Paschi di Siena SpA takeover of smaller rival Mediobanca SpA, Finance Minister Giancarlo Giorgetti said.
Italy didn’t exert undue influence over the Banca Monte dei Paschi di Siena SpA takeover of smaller rival Mediobanca SpA, Finance Minister Giancarlo Giorgetti said.
Italy didn’t exert undue influence over the Banca Monte dei Paschi di Siena SpA takeover of smaller rival Mediobanca SpA, Finance Minister Giancarlo Giorgetti said.
European Central Bank officials expect the cycle of interest-rate cuts to most likely be finished based on the latest outlook for growth and inflation, according to people familiar with the debate.
European Central Bank officials expect the cycle of interest-rate cuts to most likely be finished based on the latest outlook for growth and inflation, according to people familiar with the debate.
The headquarters of the European Central Bank in Frankfurt.
European Central Bank officials expect the cycle of interest-rate cuts to most likely be finished based on the latest outlook for growth and inflation, according to people familiar with the debate.
European Central Bank officials expect the cycle of interest-rate cuts to most likely be finished based on the latest outlook for growth and inflation, according to people familiar with the debate.
The headquarters of the European Central Bank in Frankfurt.
The European Central Bank warned Italy that the government’s tendency to impose one-off levies creates uncertainty, undermines investor confidence and risks legal disputes.
The European Central Bank warned Italy that the government’s tendency to impose one-off levies creates uncertainty, undermines investor confidence and risks legal disputes.
Giorgia Meloni’s government is aiming to raise several billion euros from banks to help boost government revenue.
The European Central Bank warned Italy that the government’s tendency to impose one-off levies creates uncertainty, undermines investor confidence and risks legal disputes.
The European Central Bank warned Italy that the government’s tendency to impose one-off levies creates uncertainty, undermines investor confidence and risks legal disputes.
Giorgia Meloni’s government is aiming to raise several billion euros from banks to help boost government revenue.
The European Union will impose higher fees on small packages starting next year in an attempt to curb the influx of parcels coming mostly from China.
Packages at a neighborhood sorting center in Beijing, China, on Monday, April 28, 2025. Previously exempted from any levies under the so-called 'de minimis' rule, parcels shipped-from-China to US priced up to $800 now face an ad-valorem tax — of 120% of a product’s value — or a per postal item fee of at least $100 starting May 2. Photographer: Na Bian/Bloomberg
The European Union will impose higher fees on small packages starting next year in an attempt to curb the influx of parcels coming mostly from China.
Packages at a neighborhood sorting center in Beijing, China, on Monday, April 28, 2025. Previously exempted from any levies under the so-called 'de minimis' rule, parcels shipped-from-China to US priced up to $800 now face an ad-valorem tax — of 120% of a product’s value — or a per postal item fee of at least $100 starting May 2. Photographer: Na Bian/Bloomberg
Euro-area finance ministers formally launched the process to find a successor to European Central Bank Vice President Luis de Guindos, kicking off a two-year revamp of the institution’s Executive Board.
Euro-area finance ministers formally launched the process to find a successor to European Central Bank Vice President Luis de Guindos, kicking off a two-year revamp of the institution’s Executive Board.
The headquarters of the European Central Bank (ECB), in Frankfurt, Germany, on Wednesday, Nov. 26, 2025. Europe’s central bankers are stepping beyond their traditional role as guardians of price stability.
Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.
Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.
Kyriakos Pierrakakis at a Eurogroup meeting in Brussels, on Dec. 11. Photographer: Simon Wohlfahrt/Bloomberg
Euro-area finance ministers formally launched the process to find a successor to European Central Bank Vice President Luis de Guindos, kicking off a two-year revamp of the institution’s Executive Board.
Euro-area finance ministers formally launched the process to find a successor to European Central Bank Vice President Luis de Guindos, kicking off a two-year revamp of the institution’s Executive Board.
The headquarters of the European Central Bank (ECB), in Frankfurt, Germany, on Wednesday, Nov. 26, 2025. Europe’s central bankers are stepping beyond their traditional role as guardians of price stability.
Euro-area finance ministers formally launched the process to find a successor to European Central Bank Vice President Luis de Guindos, kicking off a two-year revamp of the institution’s Executive Board.
Euro-area finance ministers formally launched the process to find a successor to European Central Bank Vice President Luis de Guindos, kicking off a two-year revamp of the institution’s Executive Board.
The headquarters of the European Central Bank (ECB), in Frankfurt, Germany, on Wednesday, Nov. 26, 2025. Europe’s central bankers are stepping beyond their traditional role as guardians of price stability.
Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.
Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.
Kyriakos Pierrakakis at a Eurogroup meeting in Brussels, on Dec. 11. Photographer: Simon Wohlfahrt/Bloomberg
Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.
Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation.
Kyriakos Pierrakakis at a Eurogroup meeting in Brussels, on Dec. 11. Photographer: Simon Wohlfahrt/Bloomberg
Germany will back Greek finance chief Kyriakos Pierrakakis to head the monthly meetings of euro-area peers, according to Finance Minister Lars Klingbeil.
Germany will back Greek finance chief Kyriakos Pierrakakis to head the monthly meetings of euro-area peers, according to Finance Minister Lars Klingbeil.
Lars Klingbeil, Germany's finance minister, arrives for a Eurogroup meeting in Brussels, Belgium, on Thursday, Dec. 11, 2025. In a vote at the meeting Kyriakos Pierrakakis will vie against Belgium’s Vincent van Peteghem for the job of president of the Eurogroup.
Germany will back Greek finance chief Kyriakos Pierrakakis to head the monthly meetings of euro-area peers, according to Finance Minister Lars Klingbeil.
Germany will back Greek finance chief Kyriakos Pierrakakis to head the monthly meetings of euro-area peers, according to Finance Minister Lars Klingbeil.
Lars Klingbeil, Germany's finance minister, arrives for a Eurogroup meeting in Brussels, Belgium, on Thursday, Dec. 11, 2025. In a vote at the meeting Kyriakos Pierrakakis will vie against Belgium’s Vincent van Peteghem for the job of president of the Eurogroup.
The international monetary system will likely move away from the dollar to a constellation of several coexisting global currencies, according to European Central Bank Governing Council member Fabio Panetta.
The international monetary system will likely move away from the dollar to a constellation of several coexisting global currencies, according to European Central Bank Governing Council member Fabio Panetta.
Fabio Panetta, governor of the Bank of Italy, speaks during the World Savings Day conference in Rome, Italy, on Tuesday, Oct. 28, 2025. Panetta warned that his country’s banks face risks stemming from a fragile global backdrop and potential abrupt market movements.
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