The Blue Economy's employment growth is 4,2%, nearly triple the growth recorded in the Italian economy as a whole. Unioncamere: "A great opportunity for the South."
The recovery in raw materials prices, the weakening of the dollar, and the return of foreign capital supported the area's stock markets. The best performing index was the Ibovespa in São Paulo, and the surprise was Chile, now governed by the Trump-supporting Kast. Argentina's inflation...
The ECB president's words are being interpreted by markets as a sign of a reduction in expectations for short-term rate cuts. "We must not move too quickly," Lagarde said.
Global electricity demand is growing faster than GDP, ushering in what the IEA calls the "Electric Age." Driving this transformation are electrification, electric cars, AI, and data centers, which are changing the way the economy grows and…
The Minister of Economy spoke in Paris at the end of the G7 Finance Ministers' meeting: "Measures will be taken, certainly on road haulage, on local public transport, that is, the sectors impacted."
The initiative, promoted by the Venetian Villas Association (APS) with the scientific support of The European House Ambrosetti, is part of a broader research and development project called "Venetian Villas Re-Thinking," whose goal is to transform the widespread heritage of Venetian villas...
Prometeia's Trending Topics compares the economies of the two countries that are the main beneficiaries of the Next Generation EU plan.
The Parliamentary Budget Office reports increased global uncertainty related to the conflict in the Middle East. In Italy, GDP grew between 0,1% and 0,2% in the first quarter of 2026, but downside risks remain for growth and inflation in the two-year period 2026-2027.
The war is making Italian businesses more pessimistic about the future of the economy. A survey conducted by the Bank of Italy in the days surrounding the outbreak of the conflict in the Persian Gulf revealed "a marked deterioration in businesses' assessments of the macroeconomic outlook."
In the latest episode of his podcast, the Kairos strategist analyzes the markets' likely behavior once the Middle East conflict is over. Here are his predictions.
Meloni's speech to Parliament marked the beginning of a long campaign leading up to the 2027 elections. Fears arose over the lack of national unity. Veronica De Romanis's book, "The Economy of Fear: Why Conservation Leads Backwards," explains...
From Piedmont, all the associations of industry, commerce, crafts and cooperation are asking for a rapid direct dialogue with the local institutions to intervene in a structural way with policies that put businesses and workers at the centre.
In a context marked by geopolitical conflicts, tensions between powers and economic instability, the art world reflects and at the same time reacts to the changes taking place, showing a remarkable capacity for adaptation but also new fragilities.
Stefano Cingolani's book "Mal di Stato" analyzes the return of the state to the economy: the illusion of greater security clashes with the risk of bureaucracy and inefficiency. Between dirigisme and corporate pressure, Italy risks stagnation and a loss of competitiveness.
The Bank of Italy's Easter Friday warning about the Italian economy removes any alibi from Prime Minister Meloni and urges her to tell the truth to Italians and prepare a budget plan that doesn't just float but…
Today at 6:00 PM at the Teatro Manzoni in Rome, economist and essayist Veronica De Romanis, along with Mario Monti and Antonio Polito, will present her new book, "The Economy of Fear: Why Conservation Leads Backwards."
The fourth industrial revolution we are experiencing brings radical changes compared to the past but also raises challenging questions about how to face the new challenges we face.
ECONOMIC HANDS FOR MARCH 2026 – What will be the effects of the war on economies? And on oil and gas prices? Will an inflationary spiral begin? Will the ECB and the Fed keep rates on hold? Why have Italian government bond spreads widened?
Interview with Peter Sand, a leading global shipping and logistics expert and chief analyst at Xeneta. "Alternatives to the Strait of Hormuz have been rapidly eliminated, and freight rates are increasing by 100 to 200%. It would be desirable…
The national accounting data recently released by Istat, in addition to estimates for the fourth quarter of 2025, also present last year's final figures and a revision of the 2024 data. According to the latest publication of the Ref Ricerche Economic Outlook, the revision…
Born in Florence, he was also president of the Italian Banking Association (ABI) from 1987 to 1991. Patuelli's memory: "A friend and an example of moral rigor."
Trump's State of the Union address was mostly a self-apology, but without any substantial innovations. He didn't reveal anything new about tariffs, but regarding Iran, he said: "I prefer a diplomatic solution, but Iran will never have nuclear power." The…
The Olympics represent not only a global sporting event, but also a powerful driver of economic, infrastructural, and social transformation. In the case of the Milan-Cortina 2026 Winter Olympics, Italy is preparing to seize opportunities that will have lasting effects on the regions involved...
Tomorrow on FIRSTonline, the February 2026 edition of the Economic Hands will answer all the main questions on current economic and financial affairs.
Milan-Cortina 2026 has opened its doors to an Italy that looks to the future without forgetting its roots. It's more than just a global sporting event: it's the celebration of a country that wants to show the world how...
In its February Economic Report, the UPB reports real wages still below 2021 levels, GDP +0,5% in 2025 and +0,7% in 2026-27 supported by domestic demand and the National Recovery and Resilience Plan, but global and climate risks remain high.
Ref Ricerche's report: In Italy, fiscal policy has made significant efforts to correct its accounts over the past two years, and could shift to a neutral stance this year if we activate the national safeguard clause...
Confindustria's flash economic report focuses on the surge in gold: the effects of the "mistrust" in the US have triggered sell-offs in US government bonds, causing Treasuries to rise. Meanwhile, on global markets, the surge in raw materials is driving...
Greenland, tariffs, Ukraine, and NATO: in 72 minutes at Davos, Donald Trump relaunches America as the dominant power. Between economic self-celebration and warnings to allies, the US president reshapes transatlantic relations with a more muscular and transactional focus. Here's what he said.
This year's World Economic Forum Annual Meeting will be an opportunity to discuss many of the world's hottest topics: from Greenland to Ukraine to Gaza. And the sparks are already flying.
According to the Bank of Italy, the Italian economy has held up better than expected, but as with all of Europe, two risks remain: the effects of AI and Chinese competition.
According to the latest ECB bulletin, inflation in the euro area will stabilize around 2% in the medium term, with growth continuing to be driven by consumption and services. Government bond spreads are at historic lows, but geopolitical risks and financial volatility remain.
According to Alessandro Fugnoli, economist at Kairos Partners Sgr, two major misconceptions about the duel between Washington and Beijing are gaining traction among industry insiders. Meanwhile, markets are capitalizing on them.
If last year economists struggled to make reliable forecasts, the situation does not appear better this year where there is no central scenario with a high probability of realising it.
Signing is possible as early as Saturday the 17th in Paraguay. After 26 years of negotiations, the world's largest free trade area, with combined economies worth $22.000 trillion, is coming to life. But President Macron dissociates himself: "The agreement is obsolete."
In 2026, the concept of luxury shifts away from the logic of function and efficiency to take on an ethical and cultural dimension. This text introduces a reflection on post-functional luxury as a critical space in which art, images, and contemporary practices do not…
Obviously Donald Trump, but also the new mayor of New York Zohran Mamdani, the combative Mexican president Claudia Sheinbaum and the Venezuelan opposition leader Maria Corina Machado, and the "usual" Elon Musk, and of course Pope Leo XIV without forgetting the…
Tourism in Italy continues to record exceptional performance. In the first nine months of 2025, total visitors exceeded 406 million, consolidating a steady growth trend, and projections for the end of the year estimate over 479 million...
The year that's ending has been packed with international events: from the fragile peace in Gaza to the controversial meeting between Trump and Putin in Alaska, to the German elections and Nvidia's record. For Italy, noteworthy is…
The Milan-Cortina 2026 Winter Olympics represent a strategic opportunity to revitalize Italian mountain tourism, create new jobs in the hospitality sector, and encourage the return of young people to the Alpine regions, transforming the sporting event into an economic and cultural legacy.
The funding to support Harmonic Innovation Group's 2026–2030 plan is a strategic signal: Calabria is establishing itself as a key location for the future of innovation in the Mediterranean. At the heart of this journey is Entopan, an organization founded by Francesco…
Tomorrow on FIRSTonline, Fabrizio Galimberti and Luca Paolazzi's Economics Hands will answer all the questions that accompany the new year now approaching.
The first Istat-Asi measurement estimates the Italian space economy at €8 billion in 2021, with 23 employees, high productivity, a strong export focus, and a central role for upstream manufacturing. The sector is growing thanks to innovation, technological specialization, and integration into supply chains…
The Milan-Cortina railway is now a certainty: an event destined to change the face of the Alpine regions and beyond. In his new book, Andrea Ferrazzi, director of Confindustria Belluno Dolomiti, explains why the Italian mountains are now one of the few…
The Bank of Italy's Financial Stability Report outlines a substantially stable picture for Italy but growth is low and the risks of stock market corrections have increased
The passing of Riccardo De Bonis, economist and former director of the Bank of Italy, prompts us to reflect on the cultural and human legacy he left us.
In his speech at the inauguration of the academic year at the School of Economic and Financial Police at Lido di Ostia, the Governor of the Bank of Italy emphasized the fight against the irregular economy: "Legality is not only an inviolable principle, but a force that generates…
The relationship between art and money is as old as art itself. Since its origins, artistic production has been intertwined with the economic, social, and political mechanisms of its time.
According to the analysis carried out by the Tagliacarne Study Centre and Unioncamere, agriculture is the main driver of the recovery in Southern Italy, while the slowdown in manufacturing is a cause for concern across the country.
The end of the current legislature will be a slow three-year period for our economy, which will experience little growth, partly due to trade tensions. Inflation will remain below 2%.
The growth of the global middle class, the expansion of emerging markets and the advent of e-commerce have radically changed the nature of luxury consumption, redrawing the boundaries between exclusivity and accessibility.
The Royal Swedish Academy of Sciences awarded the three economists "for explaining innovation-driven economic growth."
Never before has absolute uncertainty reigned like in these times, but tomorrow on FIRSTonline, Galimberti and Paolazzi's Economics Lancets will shed light on many of the problems on the table, answering the most current questions.
A fiery autumn for the economy amid shaky US employment, the French crisis, inflation, tariffs, and moves by the ECB and the Fed. Tomorrow on FIRSTonline, Galimberti and Paolazzi's economics columns analyze these scenarios and structural trends, from AI to European rearmament.
The Polish economy is growing thanks to services (+3%), driven by trade (+5,9%), transportation (+4,4%), and professional activities (+6,1%). The National Bank may reduce interest rates to 4,25% by the end of the year.
Banker Giovanni Bossi, founder and CEO of Cherry Bank, previews the key issues at the Ambrosetti Forum, which brings together the elite of economics and finance in Cernobbio. "More than ever, markets aren't demanding abstract forecasts, but credible scenarios.…
He had been deputy director of "Il Sole 24 Ore" and editorialist of "La Stampa" and a valued interlocutor of the Governors of the Bank of Italy from Guido Carli onwards
The research concerns commercial and tourist ports, cruises, fishing and superyachts, in collaboration respectively with SRM, Centro Studi Assonat, Risposte Turismo, National Fisheries Observatory and the Study and Advanced Research Centre of Italian Yachting Excellence of NAVIGO
European stock markets closed mixed after a volatile session dominated by uncertainty over tariffs and anticipation for US tech companies' earnings. Stellantis closed higher in Milan.
Bank of Italy confirms Italian GDP growth at 0,6% per year, but points to a slowdown in the second quarter and global uncertainty.
At the ABI meeting, Patuelli warned: "Defuse tariffs or there will be a recession." Panetta: "We need a European bond; now Europe can lead." Giorgetti: "Banks must go back to being banks."
According to the Bank of Italy survey, Italian companies are seeing signs of improvement again: domestic demand is recovering, investments and employment are growing. Inflation expectations are stabilizing at 2%, but concerns remain linked to US tariffs and the…
Artificial Intelligence promises to boost global economic growth, but the effects are slow to show. Is it really the "big thing" we've been waiting for or just an incremental evolution?
Marco Onado has died at the age of 84. A fine economist as well as a person of extraordinary humanity, he is one of the reference figures in the sector of banking law
A clear condemnation of Trump's tariff policy and its effects on the economy and world peace: this is the strongest message in the Final Considerations of the Governor of the Bank of Italy, Fabio Panetta, who urges Europe to move forward on the…
Bankitalia Governor Panetta returns to the stage at Palazzo Koch with his Final Considerations: “Tariffs can compromise prosperity and peace”. And then: “A common European response can allow us to overcome the difficulties. Italy will also benefit from it”
The state of the Italian and international economy, the effect of tariffs but above all the banking risk: these are the three major themes at the centre of the Final Considerations that the Governor of the Bank of Italy Fabio Panetta will present this morning
THE HANDS OF THE ECONOMY OF MAY 2025 – How much will global growth slow down? And why is the American economy slowing more than others? What weapons does China have to counter those duties that double (and more) the cost of their exports? What…
Eurozone inflation slows, but tariffs and global uncertainty jeopardize economic prospects. In its April bulletin, the ECB warns: “Significant downside risks”
Those who thought that Trump was the new King Midas should perhaps start opening their eyes. The tariff policy is just Trump's latest own goal that has knocked out Wall Street and threatens to raise…
Female businesses, at the end of 2024 in Italy there were 1 million and 307 thousand registered: here is the identikit between numbers, gender gap, sectors, geography and longevity. The Unioncamere conference
In his book "The Accounts Don't Add Up", Massimo Taddei analyses the causes of Italy's economic stagnation, underlining how statistics, if not interpreted correctly, can distort reality
Duties, taxes, layoffs: what will be the effects on the US and the world of Trump's hallucinatory economic policy? And what will happen for the rest of the world and for Italy? La Lancette dell'economia by Fabrizio Galimberti and Luca Paolazzi will clarify tomorrow...
On Saturday 15th March, FIRSTonline will be back with the Lancette dell'economia, a column by Fabrizio Galimberti and Luca Paolazzi to understand how the economy is really going
The mounting costs associated with U.S. tariffs are rapidly materializing into a real and substantial crisis for American farmers, who will likely be among the first to bear the brunt of trade hostilities. Farming problems are already…
Epicenter and the Bruno Leone Institute have launched a program for the European single market that follows the Draghi Report. Profound changes are needed to relaunch growth while dealing with the demographic crisis
In a time of social change, where different themes intersect with each other, from technology to the environment, to the importance of the new needs of a territory, from generational change to international development, the importance of building the corporate image and strengthening the credibility of the…
Speaking to the bankers of the ABI, the number one of the Bank of Italy Fabio Panetta stated that faced with the challenge of deregulation launched by Trump in the United States, Europe can react by focusing on "simplification" in the financial sector
This is the counter-current comment by former Prime Minister and ECB President Mario Draghi published in the Financial Times: we need to take control of the situation and get out of the impasse with a more proactive use of fiscal policies and a reduction of internal barriers to…
In the post-pandemic era, the US economy has benefited from labor mobility, productivity growth, and a surge in new businesses. The Fed's Adriana Kugler points out that AI and innovation will continue to drive growth without inflation
Banks are pushing Piazza Affari which exceeds the psychological threshold of 37 thousand basis points: it had not reached such a level for 17 years. In general, all of Europe, despite having a weaker economy, is doing better on the stock exchange than America…
The ECB president confirmed that the disinflation process “is underway” and ruled out the possibility of stagflation, “there is a recovery” but warned about US tariffs: “They could weaken the economy”. On the rate cut: “It is premature…
According to the latest report by Ref Ricerche, the European economy continues to slow down with a forecast growth of 1% in 2025, and Italy, despite reducing the deficit to 3%, is struggling to take off. Meanwhile, at a global level, Trump could change the rules of the game,…
According to Bankitalia, in 2024 the global economy will grow at different rates, with the US expanding and China slowing. In Italy, production is stagnant, but consumption and public investments are positive, while uncertainties over tariffs…
The focus of the beginning of the year by goWare: what will happen in 2025 between wars, economy, society, politics and customs? The 20 questions and answers of the analysts of the "Financial Times"
From Mario Draghi's plan for a more competitive Europe to Donald Trump's return to the White House, through Elon Musk's achievements in technology and politics. But also the ECB led by Christine Lagarde who finally cuts the…
The recent survey conducted by UBS, called the UBS Billionaire Ambitions Report, traced the wealth of more than 2.500 billionaires in the Americas, EMEA and APAC, focusing on the last 10 years.
Led by conservative President Santiago Peña, Paraguay closes 2024 with the best GDP growth in Latin America (+3,8%) and receives a promotion from rating agencies, becoming the most reliable country in the area. Poverty is still high but decreasing.
ECONOMIC TIMETABLES FOR DECEMBER 2024 – What are the features of the uncertainty of 2025? What could derail the American economy? Will the desirable peace (in Ukraine and the Middle East) bring benefits to the European economy?
What will the new year be like for the economy? On Saturday 21 December, the Lancette dell'economia will explain it on FIRSTonline, the historic monthly column by Fabrizio Galimberti and Luca Paolazzi that will be broadcast online in 16 languages
According to Confindustria's "December flash economic outlook", Italian industry is in crisis, the economy is slowing down and the rate cut will not be enough. Here's why
The current global economic climate seems to be contributing to the rise in the purchase and reuse of clothing, accessories and much more. A glamorous choice that is not only for young people but is conquering consumers of all ages
Italy is stuck between a cumbersome past and an uncertain future, with young people ready to change but hindered by economic and cultural stagnation, while wealth remains firmly in the hands of a few. The Censis report
In 2024, the world economy is growing slowly and the forecasts for 2025 are similar, while geopolitical tensions are putting global stability at risk. In Italy, the economy is stable, markets are favorable and banks are solid, but with an eye…
At the center of the meeting between Assolombarda and Deputy Minister Leo, the requests of companies for a simpler and more incentivizing tax reform. Focus on Ires Premiale, simplification of Transizione 5.0 and measures to strengthen corporate competitiveness
Lombardy's economy is slowing down, with a GDP of +0,4% and an industry in difficulty, while tourism and services are driving growth. On the banking front, the introduction of the Systemic Risk Buffer (SyRB) by Bankitalia has not created any shocks on the markets
Between 2022 and 2023, the South stands out for its growth in added value, driven by industry and public administration. With record rates in provinces such as Chieti and Agrigento, the South surpasses the North in dynamism, while remaining…
In Italy, a minority of taxpayers pay the majority of taxes, while 45% live without income. Despite official data, a hidden and irregular economy hides evident inequalities, fueling consumption and spending that do not correspond to declared income
Banca Ifis with the report “Economy of Beauty” 2024 highlights the role of art and culture as strategic assets for corporate competitiveness. According to the report, companies that invest in art and culture record an increase in…
According to the new report on the economy of the sea by Srm Intesa San Paolo, 91% of the region's trade travels by sea, while passenger traffic is growing by 10% - +70% for cruises
