Page 6 - Financial Document News Today

ROME — Italy seems to have avoided an economic recession despite being hit by costly energy prices and record high inflation, Economy Minister Giancarlo…

Italy will approve a package of measures worth more than 9 billion euros ($8.96 billion) on Thursday to lower energy prices, increase gas output and preserve stocks ahead of the winter, a draft

By Giuseppe Fonte and Gavin Jones ROME (Reuters) - Italy will approve a package of measures worth more than 9 billion euros ($8.96 billion) on Thursda...

ROME: Italy s new government unveiled its first public finance targets on Friday, hiking borrowing to finance support measures for families and firms...

Italy’s new government unveiled its first public finance targets on Friday, hiking borrowing to finance support measures for families and firms struggling with sky-high energy costs.

Italys new government will hike its borrowing plans for this year and next to fund support measures for the economy when it unveils its first public finance targets on Friday, two sources close to

Italys economy probably shrank in the third quarter and will keep contracting until mid-2023, according to Treasury forecasts that will make grim reading for Giorgia Meloni, the rightist leader expected to be named prime minister this month.

Italys economy probably shrank in the third quarter and will keep contracting until mid-2023, according to Treasury forecasts that will make grim reading for Giorgia Meloni, the rightist leader

By Giuseppe Fonte and Gavin Jones

The 0.6% forecast for next year signals a considerable worsening in the outlook compared with the previous goal of 2.4%