After decades of deepening economic integration across nations and regions, spurred by the rise of global value chains, the COVID-19 pandemic and the Russian invasion of Ukraine have srupted international production networks. The size and changing nature of these shocks exacerbate the risk of a reversal of international economic integration, referred to as 'geoeconomic fragmentation.'
The eurozone should not weaponise its own currency in a global conflict as that could ultimately undermine it, an influential European Central Bank policymaker said on Friday, just as the EU was contemplating seizing Russian state assets.
Attacks on Red Sea shipping by Iranian-backed Houthi rebels in Yemen pose a risk to Italian imports, the Bank of Italy said in a report on Friday. (ANSA)
The Bank of Italy said Monday that, according to a survey conducted in the fourth quarter of 2023, Italian companies' assessments of the country's general economic situation and their expectations for their own operating conditions over the next three mont. (ANSA)
Italy's public debt fell to 2,855 billion euros in November, down by 12.6 billion with respect to October, the Bank of Italy said on Monday. The central bank said the drop was driven by a decrease in Treasury liquidity of 12.9 billion euros to 39.6 billion. (ANSA). (ANSA)