Stories from Italy

Real contractual wages in Italy fell by 7.8 percent between the first quarter of 2021 and the fourth quarter of 2025. The data was released by Istat. The report also noted upcoming council meetings regarding the 'Piano Case' and the expiration of fuel tax cuts. ISTAT data shows real wages in Italy have declined by 7.8 percent in terms of purchasing power. While overall employment figures have increased, youth employment has seen a decline between 2023 and 2026. Conversely, employment for individuals over the age of 50 has increased. Real wage values in Italy have decreased by 8 percent since 2019, according to a report on RAI Radio 3. While nominal euro amounts may have increased, the actual purchasing power of Italian salaries has fallen. The report noted that this decline occurred despite an increase in the number of employed persons.

The Italian government's estimates project a reduction in the deficit-to-GDP ratio. Interest expenditure is expected to remain stable at 3.9% of GDP. Revenue growth was primarily driven by social security contributions, which rose by just over 1 percent of GDP from 3.4 percent in 2024. Following 2026, the debt ratio is expected to reduce to below the 3% threshold. The data indicates a continuing process of public finance consolidation. This stability is attributed to the consolidation process and improved sovereign creditworthiness. The interest-to-GDP ratio is currently 4.1% and is expected to trend toward 4.5% in the coming year. Specifically, contributions to investments are decreasing as the forecast horizon for PNR investment contributions expires. Cash effects related to the accounting of tax credits and incentives will continue to weigh on the debt profile through 2026 and 2027.

Italian municipalities are experiencing delays in the issuance of electronic identity cards. The deadline for these documents is August 3. The delay affects the processing of required identification for citizens, according to the report. The delay is noted as occurring ahead of this upcoming deadline.

The Italian Revenue Agency will make pre-filled 730 tax returns available for consultation on its website starting the afternoon of Thursday, April 30. These forms will include data held by tax authorities and the National Institute for Social Security. The initiative aims to verify premium evasion and uncover undeclared labor. Authorities have increased the number of inspectors to support these efforts. Amalia Carosi reported that the number of inspectors has been increased to support these efforts.

The Movimento Cinque Stelle has called for the resignation of Justice Minister Nordio. Meanwhile, the Milan Prosecutor's Office has assigned further investigations to Interpol. The Prime Minister stated there was nothing incorrect in the letter concerning the renewal of the grace concession. Prime Minister Giorgia Meloni has excluded the possibility of Justice Minister Carlo Nordio resigning regarding the Minetti case. The Prime Minister stated that the competence for investigations lies with the Milan General Prosecutor's Office. The government is also working on extending fuel tax cuts, which may include greater reductions for diesel compared to gasoline. Inflation incentives are being reviewed at a 30% rate.

Thirteen animals were killed and mutilated in Abruzzo, Italy. A nursery co-owner reported that mutilated animal bodies were discovered in the morning. Workers discovered mutilated animal bodies during the morning, according to a co-owner of a nursery. Co-owners of a nursery reported finding mutilated animal bodies on a Friday morning. Authorities are investigating whether wolves, jackals, or similar dogs are responsible for the killings.

Italian Deputy Prime Minister Matteo Salvini stated at a rally that the European Union is engaging in madness.

Italian researcher Gian Carlo Lelli successfully used artificial intelligence applied to a quantum computer to break a 15-level security lock. The achievement was reported in Rome. The source noted the breakthrough occurred recently. The specific security level or mechanism of the lock was not detailed beyond the successful breach. The achievement is described as a technical feat.

An Italian court has recognized a Ferrari 250 GTO automobile as a work of art. This classification distinguishes the vehicle from standard automotive property. This decision was reported by Kommersant FM. The ruling follows discussions regarding the vehicle's unique driving experience and historical value. Other classic cars like old Porsches, Jaguars, E-Buicks, and Bentleys may also qualify for this status, according to industry participants. Even mass-produced models can become good investments, not just workhorses, stated Nikita Muravin, founder of the auto culture project and collector. Different cars have varying parts costs, with some original solutions and others using parts from different vehicles.

Public media in Italy and Poland are reportedly under high surveillance by government leaders. In Italy, Giorgia Meloni is noted for monitoring media, while Polish parties aim to use public media as propaganda tools. The report cited Hungary as an extreme example of media silencing and noted similar government control over Slovak public broadcasting.