Italian Prime Minister Giorgia Meloni is facing criticism from opposition lawmakers over the government’s role in an alleged market-manipulation scheme related to Banca Monte dei Paschi di Siena SpA’s €17 billion ($19.8 billion) takeover of Mediobanca SpA.
Italy managed to notch up some slight growth in the third quarter amid support from domestic demand, instead of just stagnating as originally estimated.
Italy managed to notch up some slight growth in the third quarter amid support from domestic demand, instead of just stagnating as originally estimated.
Giorgia Meloni’s government is exploring ways to change its financial oversight rules without losing its banking deal veto power, as it seeks to defuse a potential clash with the European Union.
The national flag of Italy, center, and the European Union (EU) flag, right, fly from the Quirinale palace, the office of Italy's president, in Rome, Italy, on Friday, Feb. 21, 2014. Italy's government bonds rose, with 10-year securities extending a fourth weekly gain, as Prime-Minister-designate Matteo Renzi prepared to name his cabinet amid speculation he will accelerate economic reform. Photographer: Alessia Pierdomenico
Italy’s Finance Ministry is near agreement to sell digital-payments platform PagoPa to two state-controlled companies for as much as €500 million ($579 million), advancing the government’s push to streamline digital assets, according to people familiar with the matter.
Italy is considering the creation of a government-backed cybersecurity entity, a project that would potentially use acquisitions to strengthen sensitive digital infrastructure, according to people familiar with the matter.
Italy achieved its first upgrade from Moody’s Ratings in more than 23 years, a victory for Premier Giorgia Meloni that ends an era when the country teetered at the brink of junk.
Giorgia Meloni, Italy's prime minister, arrives at the informal EU Council meeting in Copenhagen, Denmark, on Wednesday, Oct. 1, 2025. EU leaders are meeting to discuss a slate of defense projects.
Italy achieved its first upgrade from Moody’s Ratings in more than 23 years, a victory for Premier Giorgia Meloni that ends an era when the country teetered at the brink of junk.
Giorgia Meloni, Italy's prime minister, arrives at the informal EU Council meeting in Copenhagen, Denmark, on Wednesday, Oct. 1, 2025. EU leaders are meeting to discuss a slate of defense projects.
For Premier Giorgia Meloni, a review by Moody’s Ratings this week is the chance to get the last big piece of the puzzle into place in her push to rehabilitate Italy.
The Campo dei Fiori outdoor market in Rome. Photographer: Alessia Pierdomenico/Bloomberg
For Premier Giorgia Meloni, a review by Moody’s Ratings this week is the chance to get the last big piece of the puzzle into place in her push to rehabilitate Italy.
The Campo dei Fiori outdoor market in Rome. Photographer: Alessia Pierdomenico/Bloomberg
For Premier Giorgia Meloni, a review by Moody’s Ratings this week is the chance to get the last big piece of the puzzle into place in her push to rehabilitate Italy.
The Campo dei Fiori outdoor market in Rome. Photographer: Alessia Pierdomenico/Bloomberg
Italy’s Finance Minister Giancarlo Giorgetti isn’t interested in bidding for the newly available euro-area finance chief post, but may consider backing his Spanish counterpart Carlos Cuerpo, according to people familiar with the matter.
Carlos Cuerpo, left, and Giancarlo Giorgetti Photographer: Simon Wohlfahrt/Bloomberg
Italy’s Finance Minister Giancarlo Giorgetti isn’t interested in bidding for the newly available euro-area finance chief post, but may consider backing his Spanish counterpart Carlos Cuerpo, according to people familiar with the matter.
Carlos Cuerpo, left, and Giancarlo Giorgetti Photographer: Simon Wohlfahrt/Bloomberg
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