State aid: Commission approves Italian market conform scheme to manage publicly guaranteed loans

This article is brought to you in association with the European Commission. The European Commission has found Italy’s plan to enable the transfer of certain State guaranteed loans to a newly created platform managed by AMCO S.p.A. to be free of any State aid. The Commission found that, under the scheme, the Italian State will be […]

NextGenerationEU: European Commission disburses €24.9 billion in pre-financing to Italy

This article is brought to you in association with the European Commission. The European Commission has today disbursed €24.9 billion to Italy in pre-financing, equivalent to 13% of the country’s grant and loan allocation under the Recovery and Resilience Facility (RRF). Italy is one of the first countries receiving a pre-financing payment under the RRF. The […]

State aid: Commission approves €430 million Italian scheme to compensate ski lift operators for damages suffered due to coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a €430 million Italian measure to compensate ski lift operators for the damages suffered due to the restrictive measures introduced by the Italian government to limit the spread of the coronavirus, which prohibited the […]

Forest fires in Sardinia: EU mobilises immediate assistance to Italy

This article is brought to you in association with the European Commission. In response to Italy’s request for assistance through the EU Civil Protection Mechanism to help in the fight against the ongoing wildfires in Sardinia, the EU is mobilising immediate support from France and Greece. Janez Lenarčič, Commissioner for Crisis Management, said: “I thank France […]

State aid: Commission approves €2.5 billion Italian scheme to support self-employed and healthcare professionals in context of coronavirus outbreak

This article is brought to you in association with the European Commission. The European Commission has approved a €2.5 billion Italian scheme to support self-employed individuals and certain healthcare professionals in the context of the coronavirus outbreak, by partially exempting them from social security contributions. The scheme was approved under the State aid Temporary Framework. Executive […]

Recovery and Resilience Facility: Belgium, Italy, Austria, and Slovenia submit official recovery and resilience plans

This article is brought to you in association with the European Commission. The Commission has received official recovery and resilience plans from Belgium, Italy, Austria, and Slovenia. These plans set out the reforms and public investment projects that each Member State plans to implement with the support of the Recovery and Resilience Facility (RRF). The RRF […]

State aid: Commission requires Italy to put an end to tax exemptions for ports

This article is brought to you in association with the European Commission. The European Commission has required Italy to abolish the corporate tax exemptions granted to its ports, in order to align its tax regime with EU State aid rules. Profits earned by port authorities from economic activities must be taxed under normal national corporate tax […]

Letter to The European Sting from Italy

This article was written by one of our passionate readers, Mr. Tomasso Merlo. The opinions expressed within reflect only the writer’s views and not The European Sting’s position on the issue. The populist wave has brought out a more crude and extremist right than the traditional one. The big political question is whether we are […]

Commission disburses €17 billion under SURE to Italy, Spain and Poland

This article is brought to you in association with the European Commission. The European Commission has disbursed a total of €17 billion to Italy, Spain and Poland in the first instalment of financial support to Member States under the SURE instrument. As part of today’s operations, Italy has received €10 billion, Spain €6 billion, and Poland […]

Italian divers just rescued a whale caught in ‘ghost’ fishing nets

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Senior Writer, Formative Content Italian divers have freed a sperm whale caught in discarded fishing nets. It is just one of many whales, dolphins, turtles and other marine mammals that get caught in ghost nets each […]

Austria, Italy, Portugal, Spain receive €279m after natural disasters in 2019

This article is brought to you in association with the European Parliament. Parliament on Wednesday approved €279 million in EU aid following extreme weather events in Austria, Italy, Portugal and Spain in 2019. The report by José Manuel Fernandes, (EPP, PT) was adopted by 680 votes in favour, 7 against and 1 abstention, to allocate €279 […]

Coronavirus: Commission receives first preliminary application for support from the EU Solidarity Fund for health emergency from Italy

This article is brought to you in association with the European Commission. The European Commission received its first preliminary application for financial support from the EU Solidarity Fund from Italy to address the coronavirus outbreak and its effects. Italy is expected to submit further details in the weeks to come. Since 1 April 2020, following the […]

Remarks by Commissioner Lenarčič on the deployment of EU Medical Teams to Italy

This article is brought to you in association with the European Commission. In these challenging times, when the whole world is struggling with the novel coronavirus, I am particularly proud that today I can announce a team of European doctors and nurses from Romania and another one from Norway to (have been) be deployed to Italy. […]

Infringement – Commission takes Italy to Court for its incomplete regime of access to genetic resources

This article is brought to you in association with the European Commission. The European Commission is referring Italy to the Court of Justice of the EU because its system of access to genetic resources from non-EU countries is considered to be dysfunctional. These dysfunctionalities damage the ability of companies established in Italy to tap the benefits […]

Why Italy is doing much better than you think

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Francesco Daveri, Professor of Macroeconomics and Director of Full-time MBA program, SDA Bocconi School of Management & Gianmario Verona, Rector, Bocconi University Investors can find good opportunities in Italy – despite its economic reputation. Political instability doesn’t translate […]

Italian archaeological trafficking group dismantled

This article was first published at The European Union’s Judicial Cooperation Unit An international police operation carried out today, supported by Eurojust and Europol, dismantled an international organised crime group involved in large-scale trafficking of Greek archaeological items looted from Calabria, Italy, resulting in 23 arrests and 103 searches and seizures, yielding approximately 10 000 […]

G7: A serious setback hardly avoided in iconic Biarritz

The G7 yearly summits are supposed to strengthen the unity of the world’s wealthiest democracies vis-à-vis the rest of the world. Not anymore, many say, but this time there is one important exception: Iran. The leaders of France, Britain, Germany, Italy, Canada, Japan and of course the US, met during the weekend in the coastal […]

In Rome you can swap plastic bottles for metro tickets

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Broom, Senior Writer, Formative Content Just finished a drink? What if, instead of ending up in the trash, the container could go towards your metro fare? That’s an option just introduced in Rome, where citizens can get €0.05 […]

Commission concludes that an Excessive Deficit Procedure is no longer warranted for Italy at this stage

This article is brought to you in association with the European Commission. The Commission took stock today of the additional fiscal effort announced by the Italian authorities this week and concluded that it was material enough not to propose to the Council the opening of an Excessive Deficit Procedure (EDP) for Italy’s lack of compliance with the […]

Europe faces economic turmoil as Italy gets closer to the Excessive Debt Procedure

Italy is in serious trouble as the EU deputy finance ministers seem to support the European Commission’s opinion on the actions required to reduce the country’s public debt. The huge growing debt together with the centre-right and euroskeptic alliance government is causing turbulences as regards its relations with Brussels. However, the Italian coalition leaders have […]

Draghi’s negative interest rates help Eurozone’s cohesion

Super Mario did it again. Only months before leaving the helm of the European Central Bank he made sure his accommodative monetary policy will hold well, even after he leaves Frankfurt am Main. Last Thursday, he pushed interest rates below the zero level for at least another year. Even if his successor will be a […]

Italy should boost spending and strengthen cooperation and integration of employment services to help more people into work

Mr Giuseppe CONTE, Italian Prime Minister. Copyright: European Union Event: Special meeting of the European Council (Art. 50) This article is brought to you in association with OECD. Italy should boost spending and cooperation at national and regional levels as part of broader efforts to help more people into work and reduce the country’s high unemployment […]

EU elections 2019: Trump’s share in the support of populism

It was last Monday when the US President Donald Trump met the Hungarian Prime Minister Viktor Orbán at the White House. Both leaders had the beautiful chance to praise each other at a gathering which lasted less than an hour. Only a few days ahead of the EU elections, the US President clearly shows his […]

Wide-ranging reforms needed to ensure Italy’s economic recovery

This article is brought to you in association with OECD. Stronger, more inclusive and sustainable growth, better job opportunities and a reduction in the level of public debt in Italy require a comprehensive programme of far-reaching reforms while maintaining the important measures taken in recent years, according to a new OECD report. The latest Economic Survey […]

The EU might as well go down the drain if foreign meddling corrupts May’s elections

The EU elections will take place in about two months’ time but anti-European together with foreign parties are most likely going to try to exert influence on the upcoming outcome. Anti-establishment parties are expected to change the current balance and status quo if the two mainstream parties, the conservative EPP (European People’s Party) and the […]

Italy should boost investment in training for the future of work

This article is brought to you in association with OECD. The government, business and workers in Italy will need to invest substantially more in training to prepare for the future world of work, according to a new OECD report. Adult Learning in Italy: what role for training funds? says that the skills needed by workers for […]

Italian Prime Minister Giuseppe Conte: “Europe must listen to the people”

This article is brought to you in association with the European Parliament. Europe is facing “a fork in the road”, as “the people are urgently asking to be heard,” Italian Prime Minister Giuseppe Conte told MEPs on Tuesday. In a plenary debate on the future of Europe, the Italian Prime Minister said: “This is a valuable […]

2019: An unpredictable, confrontational and financially ominous year

The global outlook for 2019 was already looking unpredictable and dangerously confrontational, but the firing of US Defense Secretary, the moderate retired general Jim Mattis makes it exponentially more so. During the past few months ‘America first’ President Donald Trump has dismissed all the top three reasonable American policy makers. First it was the State Department […]

The economic cost of anti-vaccination movements in Italy

This article was exclusively written for the The European Sting by Mr. Francesco Rosiello, a doctor of medicine and surgery, graduated at “Sapienza-University of Rome”. He is affiliated to the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly to the writer and do not necessarily reflect IFMSA’s view on […]

Italy’s revised budget remains roughly unchanged waiting for Europe’s fury

The Italian government concluded its revised budget a few hours ago and as expected the Italian budget plan remained the same with small amendments, such as plans to sell off some government real estate, but still is not respecting the EU fiscal rules. The latter is most likely not going to be left unanswered by the […]

German egotistic inward turn to badly hurt Europe after Merkel’s exit

Angela Merkel’s era in Germany definitely comes to an end. It coincides, not necessarily in a causal manner, with the extreme right and xenophobic rising tendencies in the country’s political and social structures. These developments will put not only Germany to a political limbo but they will also freeze the progress of the European Union […]

European Commission requests that Italy presents a revised draft budgetary plan for 2019

This article is brought to you in association with the European Commission. The European Commission has identified in the draft budgetary plan submitted by Italy for 2019 a particularly serious non-compliance with the fiscal recommendation addressed to Italy by the Council on 13 July 2018. In line with the relevant rules, the Commission has adopted an […]

Populist Eurosceptics helped by Trumpists seriously threaten the EU edifice

The confrontation between the populist Italian government and the European Union’s leadership has already left a clear trail on the European ground that permits us to project the itinerary of this conflict in the future. The Italian government is an unorthodox coalition of the extreme right wing party Lega, under its rebellious leader Matteo Salvini […]