Home Tags Italy economy

Tag: Italy economy

In Via del Corso, shops reopened to the public after Italy's closure due to the pandemic. Rome, May 18th, 2020.

Italy’s devastated retail landscape: Here’s how one of the worst-hit sectors has been impacted by the pandemic and what it will look like....

Fashion brands in Italy are having to cope with piled up inventories of out-of-date stock, tourism uncertainty, and financial anguish.

Europe has a 70% chance of falling into recession, top economist warns

Allianz's chief economic adviser, Mohamed El-Erian, pointed to Brexit and a shrinking German economy as key drivers of a downturn.

Recession-hit Italy faces a fresh budget crisis after reports of planned government tax hikes

"They're all crazy, not only because we aren't talking about it, but because it would be wrong to so this from the standpoint of economic policy."

We now have conclusive proof that Europe is in an economic slump, and that two of its biggest economies are careering towards recession

Industrial production throughout the whole of the eurozone dropped sharply, pointing to only a glacial pace of growth at the end of 2018.

The EU just formally rejected Italy’s budget, putting Rome and Brussels on a collision course

Speaking on Tuesday afternoon, Valdis Dombrovskis, the European Commission vice president responsible for the euro, said Brussels had "no alternative" but to reject the proposals.
The Italian budget crisis could get worse.

Italian assets have taken a pounding in recent weeks — here’s why Goldman Sachs thinks it could get a whole lot worse

Moody's downgraded Italian debt to a Baa3 rating last Friday, placing it one notch above junk status and reflecting the country's ongoing budget crisis.

A key indicator of Italy’s financial health is flashing red as its EU budget row intensifies

European Union authorities on Thursday rejected budget proposals put forward by Italy earlier in the week, accusing the eurozone's third largest economy of an "unprecedented" break of EU rules around spending and deficit limits.
A grizzly bear roams through the Hayden Valley in Yellowstone National Park in Wyoming, May 18, 2014. The nearly 3,500 square mile park straddling the states of Wyoming, Montana and Idaho was founded in 1872 as America's first national park. Picture taken May 18, 2014.

Italy’s stocks are in bear market territory as the global market rout reignites budget crisis fears

While most stock markets are contending with fears of a global slowdown, Italian investors have also got to consider a cocktail of domestic risks, largely linked to the country's ongoing budget crisis, which has seen its government clash with the European Union over its spending plans.
Ethnic Miao women in traditional costumes take part in a tug of war to celebrate a local festival at a village in Rongshui Miao Autonomous County, Guangxi Zhuang Autonomous Region, China.

A ticking time bomb in China has global markets looking really shaky right now

"The larger the stimulus used by China to offset the trade war impact, the bigger will its deficit likely be," UBS's Tao Wang, Chief China Economist, said in a report on Tuesday
An Italian Army parachutist hoists the Italian flag during the Republic Day military parade in Rome

Is Italy the new Greece? These 6 charts explain why Italy is rattling markets

For the third time in just over two years, Italy is causing markets and eurozone watchers a serious headache as a major row over its annual budget unfolds.