Global Scans · Italy · Weekly Summary

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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] 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
• [New] 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
• [New] 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
• [New] 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
• [New] 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
• [New] During the forecast period, rising innovation and technological improvement in soap noodles and other goods are expected to boost growth in countries such as the United Kingdom, Italy, Germany, and France. Stellar Market Research
• [New] In Europe, Germany saw a minor uptick in growth in the first quarter, France remains sluggish, Italy could run out of steam, while Spain continues to benefit from tourism and European funds to maintain momentum. Coface
• [New] The Iberian Peninsula, Italy, and Greece have experienced abundant rainfall and favourable conditions that could lead to 15-20% higher yields, for example in Spain and Portugal. The Joint Research Centre: EU Science Hub
• [New] People travelling to, from or across Italy could face disruption in July 2025 as trade unions have announced walkouts affecting air, rail and local public transport services. The Local Italy
• [New] India and Italy have expressed concerns regarding the dominance of a few nations over critical minerals, highlighting the potential risks to economic development. The Economic Times
• The highest risk regions for future expanding tick colonization in Europe were France (with an area of nearly 620,000 km2 suitable for ticks) and Spain (506,000 km2 suitable), followed by Ukraine, Germany, Italy, Poland, Romania and the UK. Environment
• Under the Global Combat Air Programme, Italy, Japan and the UK will develop a sixth-generation aircraft, comprising crewed aircraft, uncrewed platforms, next-generation weapons, networks and data-sharing. GOV.UK
• Voice Control adds vocabulary syncing across devices, and will expand language support to include Korean, Arabic (Saudi Arabia), Turkish, Italian, Cantonese (Mainland China), Mandarin Chinese (Taiwan), English (Singapore), and Russian. Apple Newsroom
• As the intergovernmental meetings wound down, Canada, France, Germany, Italy, Japan, the UK, the US and the EU together announced a high-level action plan to head off what is perceived as the global economic threat posed by volatile critical minerals markets. Canada's National Observer
• Even increasing defence spending to just 3.5% of GDP would still explode national budgets, especially for countries such as Italy or Spain that do not have the fiscal flexibility of Germany or the threat perceptions of Poland or the Baltic states. Council on Foreign Relations
• Countries Projected to Decrease Defence Budgets: Countries projected to decrease defence budgets include the United Kingdom, Canada, Australia, Brazil, and Italy. SleepBloom
• The Royal Air Force remains steadfast in its teaming concept under the costly Global Combat Air Programme alongside Italy and Japan, which will explore crewed aircraft, uncrewed platforms, next-generation weapons, networks, and data-sharing. Naval Technology
• People travelling to, from or across Italy could face disruption in June 2025 as trade unions have announced multiple national and regional walkouts affecting air, rail and local public transport services. The Local Italy
• A 50% levy on EU imports could raise consumer prices on everything from German cars to Italian olive oil. gCaptain
• A quarter of exporters expect to see payment cycles extended by more than a week, and 48% report elevated non-payment risk, particularly in markets such as the US, the UK, and Italy. Insurance Business
• Italy and Spain are the countries with the largest budget allocations, with Spain in particular receiving the largest per capita one (more than EUR800 over the 2021-2026 period), followed by Italy and Greece. The Joint Research Centre: EU Science Hub
• Catheter Precision has secured a new distributor in Italy and anticipates additional distributors in the coming days for Spain, Portugal and the UK and is actively searching for the right partner is other EU countries. Catheter Precision, Inc.
• Low fertility is the main factor for a projected decline of around a 10% in Portugal, Spain, Italy, Malta and Greece. The Joint Research Centre: EU Science Hub

Last updated: 04 July 2025