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 highest risk regions for future expanding tick colonization in Europe were France (with an area of nearly 620,000 km2 suitable for ticks) and Spain (506,000 km2 suitable), followed by Ukraine, Germany, Italy, Poland, Romania and the UK. Environment
• [New] Under the Global Combat Air Programme, Italy, Japan and the UK will develop a sixth-generation aircraft, comprising crewed aircraft, uncrewed platforms, next-generation weapons, networks and data-sharing. GOV.UK
• [New] Voice Control adds vocabulary syncing across devices, and will expand language support to include Korean, Arabic (Saudi Arabia), Turkish, Italian, Cantonese (Mainland China), Mandarin Chinese (Taiwan), English (Singapore), and Russian. Apple Newsroom
• [New] As the intergovernmental meetings wound down, Canada, France, Germany, Italy, Japan, the UK, the US and the EU together announced a high-level action plan to head off what is perceived as the global economic threat posed by volatile critical minerals markets. Canada's National Observer
• [New] Even increasing defence spending to just 3.5% of GDP would still explode national budgets, especially for countries such as Italy or Spain that do not have the fiscal flexibility of Germany or the threat perceptions of Poland or the Baltic states. Council on Foreign Relations
• [New] Countries Projected to Decrease Defence Budgets: Countries projected to decrease defence budgets include the United Kingdom, Canada, Australia, Brazil, and Italy. SleepBloom
• [New] The Royal Air Force remains steadfast in its teaming concept under the costly Global Combat Air Programme alongside Italy and Japan, which will explore crewed aircraft, uncrewed platforms, next-generation weapons, networks, and data-sharing. Naval Technology
• [New] People travelling to, from or across Italy could face disruption in June 2025 as trade unions have announced multiple national and regional walkouts affecting air, rail and local public transport services. The Local Italy
• [New] A 50% levy on EU imports could raise consumer prices on everything from German cars to Italian olive oil. gCaptain
• [New] A quarter of exporters expect to see payment cycles extended by more than a week, and 48% report elevated non-payment risk, particularly in markets such as the US, the UK, and Italy. Insurance Business
• Italy and Spain are the countries with the largest budget allocations, with Spain in particular receiving the largest per capita one (more than EUR800 over the 2021-2026 period), followed by Italy and Greece. The Joint Research Centre: EU Science Hub
• Catheter Precision has secured a new distributor in Italy and anticipates additional distributors in the coming days for Spain, Portugal and the UK and is actively searching for the right partner is other EU countries. Catheter Precision, Inc.
• Low fertility is the main factor for a projected decline of around a 10% in Portugal, Spain, Italy, Malta and Greece. The Joint Research Centre: EU Science Hub
• The projected declines are stronger among men than women, which leads to convergence, except in Germany, Greece, and Italy. PubMed Central (PMC)
• Oko-Institut finds that in the five largest EU countries - France, Germany, Italy, Spain, and Poland - around 20 million people are in a situation of transport vulnerability. T&E
• Respondents fear criminal risk for raising tax disputes in Italy and France. National Foreign Trade Council
• European Union: The E.U. has threatened to impose retaliatory tariffs on American products, which could disproportionately hurt export-dependent economies like Germany, France, and Italy. archyde
• 48% reported an increase in non-payment risks, especially in markets such as the US, the UK, and Italy. Insurance Business
• An entrepreneur could choose Italy's Investor Visa (€250,000 into startups) to benefit from favorable tax treatment while maintaining easy access to the UK and EU markets. Anglotopia.net
• Discussion has centered around the risks of nuclear power, and nations such as Italy, Belgium, Spain, and Switzerland are moving away from nuclear energy. SpringerLink
• French and British rail workers, Scottish airport staff and transport employees in dozens of Italian locations are all threatening to strike. NationalWorld
• French and British rail workers, Scottish airport staff and transport employees in dozens of Italian locations are threatening industrial action in June - with the possibility of more to come during the peak summer months. The Independent
• Preliminary inflation figures from Germany, France, Italy and Spain will be closely watched amid growing uncertainty on trade and energy costs. (2025) New CA Site

Last updated: 27 June 2025