By the end of September 2026, Luxembourg's state revenue saw a significant increase, reaching €23.9 billion. This marks a 9.9% rise compared to the same period in the previous year, primarily driven by robust tax collections. Notably, corporate income tax revenue surged to €3.3 billion, reflecting a 21.4% increase, while the solidarity tax revenue rose by 9.1% to €610 million. Additionally, the newly implemented...
In the second quarter of 2026, Italy's economy experienced modest growth, with its Gross Domestic Product (GDP) increasing by 0.2% compared to the previous quarter. This growth aligns with earlier estimates and marks a 1.0% year-on-year increase in GDP. The positive economic performance was primarily driven by a 0.2% rise in both household and nonprofit consumption, as well as gross fixed investment.
During this period,...
Italy's government is gearing up to submit a budget plan that includes an additional deficit of approximately €7 billion, deviating from its previously agreed...
The yield spread between Italy’s 10-year government bonds and Germany’s benchmark Bund expanded on Friday, reaching 126 basis points, up from 118 basis points...
Amid ongoing concerns over rising fuel costs linked to geopolitical tensions, Italy's state-controlled energy company, Eni, has implemented a temporary cap on fuel prices...
Italy's ongoing efforts to comply with European Union fiscal rules have encountered a setback, as the country's budget deficit for 2025 has been confirmed...
As central banks worldwide closely monitor the potential of blockchain technology to transform financial transactions, the European Central Bank (ECB) is taking a significant...
Amidst a backdrop of fluctuating real estate markets across Europe, Italy's housing sector experienced a notable shift in the second quarter of 2026. National...
The Liberty flying car from Dutch manufacturer PAL-V has taken a significant step towards commercial availability, following the European Union Aviation Safety Agency's (EASA)...
In a significant move to enhance economic ties, China and Switzerland have successfully wrapped up negotiations aimed at upgrading their existing free trade agreement....
The ongoing conflict in Iran is exerting new inflationary pressures on the United States as it contributes to rising energy costs and disrupts global...
