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] 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
• [New] Companies from outside the EU will not be able to reclaim Italian VAT. Global Insulation
• [New] Eruption of Solfatara in Italy's Campi Flegrei buried villages in ash and gas, claiming 30 lives and poisoning livestock; it highlighted volcanic risks near Naples, influencing modern monitoring tech. Risk Prevention Mitigation and Management Forum
• [New] Italy's status as a travel hub is only going to grow stronger, with tourists eager to combine the allure of the Winter Olympics with Italy's world-renowned cuisine, art, and history. Travel And Tour World
• [New] Italian inflation is expected to nudge lower, from 1.8% YoY to 1.6%. investing.com
• [New] Nigeria, Italy, and Japan are expected to join India and the US as the top five 5G FWA markets by 2030. Yahoo Finance
• [New] The new rate, set at €300,000, will still make Italy one of the more generous jurisdictions in Europe for high-net-worth newcomers, even as similar programmes elsewhere are being scaled back or scrapped. European Business Magazine
• [New] Italy's meeting with Israel is expected to be a tense affair, surrounded by pro-Palestinian protests, and only 5,000 tickets have been sold. Al Jazeera
• [New] European markets such as Italy and the UK are showing growing potential. Macquarie
• [New] The Italian economy is expected to grow slowly, maintaining the 0.5% pace seen last year, with an improvement towards 1.0% in 2027-2028. MIT OpenCourseWare
• [New] Germany is heading for a substantial fiscal easing and Italy is factoring in some tax cuts into its 2026 budget plans. Investec
• [New] The forecasted temperature anomalies for December-February feature a near-normal outlook for most of Western Europe, with some potential for cold anomalies in Southwest (Southern France, northern Spain and Italy) and Central-East (Poland, Baltic states, Western Russia). Archer Financial Services
• [New] Google Subsea's planned $400 million network will run between India and Italy avoiding Egypt by travelling overland through Israel, Jordan, Saudi Arabia and Oman. Middle East Research and Information Project
• [New] Risk factors such as regulatory shifts in Italy and Spain, or foreign exchange volatility in Latin America, could quickly reshape Enel's expected outlook. Simply Wall St
• [New] The Commission's growing interest in curbing intra-EU tax competition, combined with political momentum for harmonization, could limit Italy's freedom to sweeten its fiscal offers indefinitely. European Business Magazine
• [New] While Italy's flat-tax programme has so far avoided conflict with EU state-aid rules, a more aggressive version could invite scrutiny. European Business Magazine
• [New] To protect holiday travel, strikes in Italy are banned from late July to early September - but now that window has passed, unions have announced plans for industrial action that will affect air travel in September and October. Time Out Worldwide
• [New] Future energy demand for cooling is expected to increase more in the southern EU countries, such as Greece, Italy, Portugal and Spain. Euronews
• The Italian Treasury has announced a package of fiscal measures for the period 2026-2028, at a total cost of EUR 18 billion, largely financed through spending controls and supported by a potential contribution from banks and insurance companies (with an estimated levy of EUR 4.5 billion). economic-research.bnpparibas.com
• Italy is and will remain an attractive destination for foreign investment, with one of the largest markets in the EU, a diversified economy, and a skilled workforce. United States Department of State

Last updated: 07 November 2025