Italy | Business Post

Italy backtracks on airfare cap dubbed ‘illegal’ by Ryanair

Rome to alter a recent decree on pricing, put in place to counter soaring fares on routes to Sardinia and Sicily, following backlash from airlines

Italy increases time-frame illegal migrants can be held

New rules approved by Giorgia Meloni’s cabinet will allow Rome to hold illegal entrants for as long as 18 months

Von der Leyen pledges to help Italy curb migrant wave

Migrant influx into Italy has increased by two-fold since Giorgia Meloni took Italian office

Meloni moves to take 20% stake in Telecom Italia grid

Decree approved by Italian cabinet will empower it to enter bid with US firm to take control of telecoms’ network

Irish banks hit ‘sweet spot’ for investors

Ciaran Callaghan of asset manager Amundi says AIB and Bank of Ireland are ahead of mainland EU banks in performance measured on return on equity

‘I would do it again’: Meloni claims ownership of controversial bank tax

Italian Prime Minister says move - which sent markets spiralling - was her initiative

Giorgia Meloni: Black and right world of the Italian PM

The far-right Italian PM is a fan of the ‘good guys and bad guys’ politics of Lord of the Rings but she’s proved to be one of the bad guys for the financial sector this week with her poorly received windfall tax move on bank’s profits

Italian Prime Minister defends 40% bank levy and hits out at “unfair” profit margins of lenders

The Italian leader said the tax was a consequence of the “bad behaviour” of banks, that have made billions of euros in profit on the back of rising interest rates

Italian government softens shock bank windfall tax in bid to calm market turmoil

The country’s biggest lenders are scrambling to claw back gains after a detrimental day of trade on Tuesday

Analysis: Italy’s Meloni assault on bank profits born out of pure populism

Italian bank stocks plunged in the wake of the late-night decree on Monday

Italian banks’ shares left shaky after surprise windfall tax

Italian government has agreed on a ‘windfall’ tax on bank profits generated by higher interest rates

Temperatures set to rise further across blistering Europe

Southern continental countries are expected to see the mercury soar past 40C

The Big Picture

Vincent Boland: China lecturing the west on capitalism is not without some justification

The Italian government’s intervention in a dispute at Chinese-owned Pirelli-Sinochem seems to be an example of the confusion and double standards that envelop western thinking on China

Italy’s crisis guardian counts down to exit as Meloni mulls successor

There’s currently no easy choice of candidate to replace the Ignazio Visco’s, an established guardian of the euro zone’s third-biggest economy’s delicate financial harmony

Italian side Juventus set to miss Champions League after court issues penalty

Italy intends to exit investment pact with China as relations sour

Italy is the latest European state caught in escalating tensions between Washington and Beijing, which have compounded by Beijing’s support for Russia

This Ballymaloe graduate is among the bakers making the best sweet treats in Rome

Cookies, crostata, cannolo: you won’t go wrong if you seek out the divine baked goods made in the destinations on this list

Learn to cook like a Sicilian on the slopes of Mount Etna

A four-day workshop led by London-based chef Ben Tish will offer an immersion into the food and wine of the island

Aidan Regan: Meloni capitalises on cultural nostalgia in a bid to make Italy great again

Economic stagnation is a problem, and with despondent Italians increasingly blaming the EU for its woes, many seek the stability of a right-wing coalition willing to challenge European policy

Dan O’Brien: As inflation rises across Europe, Germany and the ECB are watching Italy with interest

Christine Lagarde, president of the European Central Bank, says its official position is that recent price increases are transitory. But if inflation does take off, the ECB will be in a nightmare scenario