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The Latest Breaking News from Giancarlo Giorgetti

Germany halves GDP forecast from 1% to 0.5% due to Iran war fallout

The German government has officially halved its economic growth forecast for 2026, citing the severe impact of energy shocks stemming from the Iran war. This revision reflects a significant cooling for Europe's largest economy.

Euronews

Italy’s banking clash: MPS, Mediobanca, and their billionaire backers

Although the EU is pushing for greater banking consolidation in Europe, the reality in Italy is proving complicated.

Euronews

Italian government faces a high-stakes bank merger clash with Brussels

On Wednesday, Italy will face tough questions from the Eurogroup on its decision to block UniCredit's acquisition of Banco BPM in an attempt to stop infringement procedures.

Euronews

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Rome clears EU-bound budget draft with healthcare trims

With the EU’s filing deadline looming, Rome approved its draft budget plan on Tuesday and will reconvene this Friday to lock in the tax cuts and funding. That's before sending the full budget bill to parliament by 20 October.

Euronews

US President Trump's 10% tariffs come into effect as European nations remain on alert

US President Donald Trump's import tariffs came into effect on Saturday. The 10% duties will hit a wide range of goods entering the country. As European leaders remain on alert but call for a measured response.

Euronews

The Latest: Trump's tariffs unleash trade war and calls for negotiations

U.S. President Donald Trump’s big raise in tariffs has triggered an escalating trade war and sent global markets plummeting

The Independent UK

Italy approves tight budget partly funded by a levy on banks and insurers

Italy’s far-right government has approved a budget for next year of about 30 billion euros, or $33 billion, which officials say will be partly funded by a levy on Italian banks and insurers

The Independent UK

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No more fiscal favours? Calls to tax super-rich gain traction around world

Even rightwing governments are joining in with G20-led push to make wealthy pay, with Italy doubling flat tax on foreign income

The Guardian - UK

EU commission approves Lufthansa purchase of long-troubled Italian airline ITA, with conditions

The European Commission has approved Lufthansa’s takeover of Italian airline ITA with conditions to protect competition

The Independent UK

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

Italy sees 2023 deficit on target despite higher rates, Eurostat setback - sources

Italy estimates a 2023 budget deficit broadly in line with its previous goal of 4.5% of national output, people familiar with the matter said, as Rome works to finalise new projections to be published next week.

Reuters

Russia-Ukraine war at a glance: what we know on day 365 of the invasion

Russian forces step up attacks along eastern frontline; UN to vote on calling for unconditional withdrawal of troops; Zelenskiy says he would welcome meeting with China

The Guardian - UK

Italy's Finance Minister tightens grip on nominations for top jobs at state-backed firms

Italy's Economy Minister Giancarlo Giorgetti is working on an internal directive stressing that the main steps for an imminent round of appointments to top state-controlled firms must pass through his office, political sources said.

Reuters

Analysis-Italy's Meloni and the technocrats - a difficult power balance

Having spent much of her career railing against bureaucrats and financial elites, Italy's new right-wing Prime Minister Giorgia Meloni now has to get them on side - and it is not proving easy.

Reuters

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Radio France Internationale

Italy's prime minister meets Emmanuel Macron on her first day in office

Italian Prime Minister Giorgia Meloni took her first steps on the international stage on Sunday, meeting French President Emmanuel Macron just hours after she formally took office.

Tribune News Service

Italy’s Meloni sworn in as first female prime minister

Giorgia Meloni was sworn in as Italy’s new prime minister to become the country’s first female leader heading its most right-wing government since World War II, after President Sergio Mattarella tasked her to form an administration.

Reuters

Factbox-Key ministers in new Italian Meloni government

Italian Prime Minister Giorgia Meloni's government was sworn into office on Saturday. Her cabinet was made up of 24 ministers. Here the profiles of some of the key figures:

Radio France Internationale

Italy’s far-right Meloni becomes country’s first woman to lead government

Far-right leader Giorgia Meloni was named Italian prime minister on Friday, becoming the first woman to head a government in Italy. Her appointment is an historic event for the eurozone's third largest economy and for the Brothers of Italy party, which has never been in government.

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Tribune News Service

News briefs

Brain-eating amoeba killed boy after swim in Lake Mead, officials say

Tribune News Service

Meloni gets mandate to become Italy's first female premier

ROME — Giorgia Meloni is set to become Italy’s first female prime minister, heading its most right-wing government since World War II after President Sergio Mattarella tasked her to form an administration.

Reuters

Key ministers in new Italian government

Giorgia Meloni's Italian government will be sworn in on Saturday at 10 a.m. (0800 GMT). Her cabinet will be made up of 24 ministers. Here the profiles of some of the key figures:

Reuters

Italy's Giorgetti named economy minister, Tajani foreign minister

New Italian Prime Minister Giorgia Meloni on Friday named Giancarlo Giorgetti of the League party as her economy minister and said the foreign ministry will go to Antonio Tajani from Forza Italia.

Reuters

Low-key 'fixer' Giorgetti named Italy's economy minister

Giancarlo Giorgetti, Italy's new economy minister, is a veteran political wheeler-dealer viewed as a moderate and relatively pro-European member of his right-wing League party.

Reuters

Italy's outgoing Finance Minister says Giorgetti right choice as successor

Outgoing Italian Finance Minister Daniele Franco gave his blessing to the appointment of Giancarlo Giorgetti as his successor, saying in a newspaper interview on Friday they shared the same ideas of what Italy needed and would certainly do well.

The Guardian - UK

Mussolini photo to be removed from Italian ministry wall

Removal of fascist dictator’s image leads to revelation that more hang in other government buildings

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