Global Scans · Italy · Weekly Summary

WHAT'S NEXT?: The Italian economy is already in a fragile state and a now likely period of political uncertainty would be likely to do further damage. In particular, Italy's banking industry is seen as vulnerable to a loss of confidence. Italy could be the next domino to fall out of the EU through increasing populist party support.

• [New] Total telecom and pay-TV service revenue in Italy will decline at a CAGR of 0.5% over the forecast period 2024-2029, due in decline in revenues from mobile voice & messaging, fixed voice and pay-TV segments. Research and Markets
• [New] While a handful of deaths have already been reported in Spain, France and Italy, thousands more people across Europe are expected to have died as a result of the blistering temperatures recorded at the end of June this year. LSHTM
• [New] Major European nations including Germany, Italy, Spain, and Poland have indicated they will not send soldiers from their own armies. Foreign Affairs Forum
• [New] A rate that high could make everything from French cheese and Italian leather goods to German electronics and Spanish pharmaceuticals much more expensive in the U.S. The Hindu
• [New] There is growing interest in European markets, with firms identifying countries such as the Netherlands, Spain, Italy and Poland as offering untapped opportunities. Insurance Business
• [New] Global GLP-1 sales are forecast to reach $125bn by 2033 across the US, UK, Japan, France, Germany, Italy and Spain. Just Food
• [New] After several years of the fastest growth in the US (compared to Canada, UK, Germany, Italy, France, Japan, Australia) post-pandemic, US GDP growth is forecast at 1.5% in 2025 (slowing from 2.8% in 2024). Swiss Re Group
• [New] Southern Europe, including Spain, Portugal, Italy, and Greece, is at high risk for heatwaves, with temperatures potentially exceeding 38 °C (100 °F) in inland areas and heat indices reaching 42 °C (108 °F) in humid coastal regions. Pogodnik
• [New] The European Commission will finance three projects through the Connecting Europe Facility to create secure parking areas for commercial vehicles, including two in Italy and one led by Enilive spanning three countries including Italy. TrasportoEuropa
• [New] The anticipated U.S. troop withdrawal is expected to impact key American military bases in Germany and Italy, which have long served as hubs for supporting forward military operations. Militarnyi
• [New] The withdrawal of US troops is expected to affect major American military bases in Germany and Italy, which have been the basis for supporting forward US military operations. UNN
• [New] In road transport, safe and secure parking areas will be built or upgraded across 10 Member States, including Germany, France, Italy and Romania. European Climate, Infrastructure and Environment Executive Agency
• [New] 46 projects in 11 Member States - including Austria, Germany, Hungary, Italy, and Sweden - will implement the European Rail Traffic Management System on trains and tracks, improving rail safety and interoperability across borders. European Climate, Infrastructure and Environment Executive Agency
• [New] Italy, France and Germany have been warned of the risk of heavy storms due to excessive warming in unstable atmospheres. Australian Broadcasting Corporation
• [New] Italy issued red alerts for 18 cities, while in Germany temperatures were forecast to peak at 40 degrees Celsius in some areas, making it the hottest day of the year. Australian Broadcasting Corporation
• [New] The UK leads other European countries, including Germany and Italy, in using AI for supply chain risk. Bizclik Media Ltd
• [New] Closer to home, Italy has a similar scheme based on an investment of €250,000 to €2m depending on the type of investment (from high risk start up at the low end to low risk bond investments at the higher end). The Long & The Low of it
• [New] France and Italy are seeing some modest growth in services, while the European Central Bank is expected to remain cautious as inflation has stayed at about 4.5%. Somvisit
• The proximity to Europeonly 150 km from Italy at the nearest pointmakes Tunisia a strategic partner in helping the European Union meet its REPowerEU targets, which aim to import 10 Mt of green hydrogen annually by 2030. Abhijeet Shirke
• Projects like the planned Tunisia-Italy power interconnector aim to facilitate electricity exports and improve regional energy security, creating new economic opportunities for Tunisia in the green economy. Abhijeet Shirke
• With proper planning and investment, Tunisia could not only meet its domestic energy needs sustainably but also become a net exporter of clean energy to Europeparticularly through undersea transmission projects such as the proposed Elmed interconnection with Italy. Abhijeet Shirke
• The Mediterranean region is experiencing its most severe heat wave of 2025, with unprecedented temperatures threatening agricultural systems across Spain, Italy, Greece, and Turkey. Wikifarmer
• The combination of Namirial and Signaturit will create a leading Pan-European DTM provider with a leading position across Italy, Spain, France, and Germany with ~1,400 employees and serving ~240,000 customers worldwide. Silicon Canals

Last updated: 18 July 2025