Russia halts gas delivery to Italy – company

Since February, the share of Russian gas in Italian imports has fallen from 40% to roughly 18%, with the authorities saying they can cope with the shortfall expected in the winter by using alternative…

Right-wing leader in Italy slams Europe on energy policy

Coldiretti President Ettore Prandini warned that 70,000 Italian farms working at a loss could go out of business due to high power prices and said few of them would be able to relaunch under more favo…

Italy’s annual inflation rate hits 8.9%

The national statistics agency said that this moment food-price hikes, rather than energy-bill increases, were the driving force Indeed, the trolley index of everyday goods such as food and household …

UniCredit, Allianz to swap Croatian units’ stakes

Under new CEO Andrea Orcel, UniCredit has strengthened its ties with Allianz by renewing their partnership agreements in Italy and Germany and pursuing closer technological integration.