Don’t be fooled by the interest rate cut – higher rates are here to stay Mortgage payers and business owners vainly hope cut to 5% signals return to pre-pandemic era of cheap borrowing The Guardian - UK · Aug 2, 2024
Buried In Massive Debt, Italy Puts Crown Jewels Up For Sale Prime Minister Giorgia Meloni once declared Italy's postal service a "crown jewel" that must stay in state hands, but she is now selling a stake as part of a privatisation programme to tackle a huge public debt. International Business Times · Jan 29, 2024
Monte dei Paschi: how far did Italy go to draw a line under its troubled bank? After 15 years of scandal and state aid, Rome was prepared to bend the rules to ensure the world’s oldest lender could be safely sold off Financial Times · Dec 8, 2022
Analysis-Italy's Meloni needs urgent fix for ballooning pensions bill Italy's new prime minister Giorgia Meloni needs urgently to rein in a bloated pension system which absorbs most social spending and looks increasingly unsustainable in the face of surging inflation. Reuters · Nov 16, 2022
Ahead of harsh winter, tourism roars back in Mediterranean Tourism is making a stronger comeback from the coronavirus pandemic than many expected The Independent UK · Oct 29, 2022
Far-right favourite to be Italy’s next PM softens on EU as election looms Giorgia Meloni once railed against Brussels, but experts suggest likely successor to Mario Draghi has no interest in rocking boat The Guardian - UK · Sep 18, 2022
The EU is facing many difficulties, but Brexit isn’t one of them EU countries have, on the whole, absorbed the shock of Brexit. But in Britain, trade is down – and prices are up, says economist Lorenzo Codogno The Guardian - UK · Feb 1, 2022