Italy’s prime minister Giorgia Meloni has joined German chancellor Friderich Merz in urging the EU to scrap its planned 2035 ban on new petrol cars, calling instead for a softer
European Central Bank cuts interest rates
The European Central Bank (ECB) has reduced interest rates for the fourth time this year, simultaneously lowering its growth forecast for the eurozone amid political instability in its two largest
Lagarde warns that Trump poses a threat to the eurozone
Christine Lagarde has warned that a second Trump presidency could pose a risk to the eurozone economy, as the European Central Bank (ECB) cut interest rates for the third time
Italy warns that the shift to electric cars poses a ‘grave crisis’ for Europe.
Italy’s industry minister has warned that the EU’s upcoming ban on petrol cars has triggered a “grave crisis” for Europe’s vehicle manufacturers.
Lagarde Receives ‘Poor’ Rating from European Central Bank Staff Members
Christine Lagarde faces allegations of leveraging her role at the European Central Bank for personal political gains, according to a staff backlash reported by Politico.
Recession alarm bells ring for eurozone as UK bounces back
At the end of last year, private sector companies in Britain experienced a significant upturn, contrasting with the recessionary pressures facing businesses in the eurozone, as indicated by recent survey
Christine Lagarde Gears Up to Criticize Italy over its unexpected €3bn bank tax
The European Central Bank (ECB) is gearing up to criticize Italy over its unexpected windfall tax on banks, amidst growing tension between Christine Lagarde, the ECB’s President, and Italian Prime
Italian petroleum giant Eni acquires Neptune Energy for $4.9 billion.
Eni, the Italian energy giant, has confirmed its decision to purchase Neptune Energy, a private equity-backed company, for $4.9 billion, marking the largest cash transaction in Europe’s oil and gas
Italy’s Eni signs $8 billion gas deal with Libya
TRIPOLI (Reuters) – Italian energy company Eni and Libya’s National Oil Corporation (NOC) have signed an $8 billion gas production deal, Eni’s chief executive Claudio Descalzi said on Saturday.