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] 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
• [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

Last updated: 11 July 2025