BankOfItaly

The Italian Economy Struggles: Insights from the Bank of Italy's Latest Report

3 months ago

In a recent report released by the Bank of Italy, the central bank underscored that the country's economic landscape remained markedly weak towards the conclusion of 2024. This assessment comes at a time when Italy continues to navigate the ongoing impacts of various economic challenges, raising concerns about its recovery trajectory.

Bank of Italy Predicts Modest Economic Growth of Just 0.5% for 2024

4 months ago

In a recent report released by the Bank of Italy, the central bank offered a cautiously optimistic outlook for the nation's economic performance in 2024. The forecast indicates a subdued growth rate of approximately 0.5% for the current year, suggesting that the Italian economy is still grappling with various challenges that hinder a more robust recovery.

Bank of Italy Chief Urges Against Blame on Globalization Amid Economic Challenges

5 months ago

In a recent statement, Ignazio Visco, the Governor of the Bank of Italy, emphasized the need to avoid scapegoating globalization during times of economic distress. Visco addressed concerns over the rising tide of economic discontent in the wake of inflation and ongoing supply chain disruptions, arguing that attributing these issues solely to globalization would be misguided.

Bank of Italy Revises Economic Forecasts: A Mixed Bag for 2025 Amidst Current Gloom

6 months ago

The Bank of Italy has recently revised its economic outlook, presenting a cautiously optimistic forecast for 2025 while still acknowledging the challenges faced by the economy this year. Despite potential improvements on the horizon, the central bank's latest report underscores a lingering sense of uncertainty surrounding the current economic landscape.