Global Scans · Italy · Weekly Summary

WHAT'S NEXT?: The Italian economy is already in a fragile state and a now likely period of political uncertainty would be likely to do further damage. In particular, Italy's banking industry is seen as vulnerable to a loss of confidence. Italy could be the next domino to fall out of the EU through increasing populist party support.

• [New] An Italian oil giant will soon build a biorefinery and recycling plant to generate fuel from food waste and discarded plastic. The Cool Down
• [New] Italy was the first European country to ban DeepSeek, citing a failure to cooperate regarding information sharing, while Australia expressed concerns about risks to national security and government systems. OBSERVER RESEARCH FOUNDATION ( ORF )
• [New] Italy will benefit if Eni is able to secure ever greater oil reserves through bribery while enforcement of foreign bribery laws in other states prevents their companies from matching Eni's offers. ProMarket
• [New] Italy has signaled ambition, planning to raise defence spending from 1.49% of GDP ( €35 billion) to 2% (€46.8 billion) by 2025 and toward 5% (€117 billion) by 2035. Transatlantic Dialogue Center
• [New] The withdrawal of American troops is expected to affect major U.S. military bases in Germany and Italy, which have served as key hubs for supporting forward military operations. Militarnyi
• [New] Some of the key measures in their 2026 budget are a drop in income tax and additional taxes on banks and short-term rentals (such as Airbnb). / Italy Le Monde
• [New] The 2026 draft budget bill presented by Prime Minister Giorgia Meloni's government aims to bring Italy's public deficit below 3% of GDP in 2026. Le Monde
• [New] Italy's debt ratio is forecast to ease to 137% of GDP, while Greece is set to lower its ratio to around 130% by the end of the decade. Economic Times
• [New] Glencore will supply manufacturing scrap and end-of-life batteries and has invested in Li-Cycle, supporting the development of a new European hub in Italy. Market.us
• [New] In Italy, we expect a 10% increase in insolvencies in 2025, largely reflecting a normalization from artificially low Covid-era levels. atradius
• [New] Italian bank Intesa Sanpaolo's quantum machine learning surpassed traditional fraud detection methods and achieved better accuracy with fewer data features, demonstrating the potential of quantum security in finance. TECH TICH | Technology Blogs, News & Product Reviews
• [New] Countries like France and Italy are waiting until the wider Schengen rollout planned for 2026. Yahoo
• Travelers and commuters in Italy are preparing for major disruptions throughout November as unions across the transport sector plan a series of strikes expected to affect air travel, trains and local public transportation networks nationwide. InTrieste
• From Italy to Belgium, Germany, and France, several countries will experience transport strikes that could affect everything from public transit to international rail connections. Travel And Tour World
• The von der Leyen Commission's sustainable mobility agenda is an opportunity, especially for Italy, a leader in the production of synthetic fuels. Eunews
• Member States with industrial clusters (Germany, France, Italy) will push for more flexible state aid to boost local innovation and diversify supplies. Atalayar
• People travelling and commuting in Italy in November 2025 face disruption due to a series of strikes affecting air travel, trains and local public transport services. Wanted in Rome
• Used in football predictions, in less than 30 years, in 2054, Italy will win the World Cup for the fifth time. Il Sole 24 ORE
• The positive trend is expected to continue in the current two-year period, with a slight growth in revenues in 2025, after a difficult 2024, and a more robust recovery, equal to 1.7%, in 2026, although there are differences from sector to sector. / Italy Il Sole 24 ORE

Last updated: 21 November 2025