Tag: Italy

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Forced to rethink – What interest rate reversal means for economy and savers

For the first time in 11 years, the European Central Bank has raised its key interest rate by 0.5 percentage point. Record inflation...

New elections are imminent – President Mattarella dissolves Italian parliament

After the resignation of Prime Minister Mario Draghi, Italian President Sergio Mattarella dissolved parliament on Thursday. The head of state stressed that the...

Italian president to dissolve parliament after Draghi . resigns

Sergio Mattarella assures the move was "inevitable in the absence of a new majority" and has pointed out that the elections must be held...

Key interest rate to 0.5% – ECB ends accommodative monetary policy after 11 years

The zero-interest policy is over: the European Central Bank (ECB) is raising interest rates in the euro area in view of record inflation. ...

In state of emergency – “terrifying”: fires in Trieste continue to rage

Heavy fires have been raging for days in the northern Italian region of Friuli-Venezia Giulia. The flames in the karst area on the...

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