Italian banks increased both their lending to firms and their domestic government bond holdings in July, data showed on Wednesday.
A monthly Bank of Italy report on domestic banks’ balance sheets showed that loans to non-financial companies were up 4.4% year-on-year after a 3.6% rise seen in June.
Italian residents’ deposits with domestic banks fell to 2.51 trillion euros, while holdings of domestic government bonds were up at 440.9 billion euros in July compared to 434.3 billion euros the previous month.
Gross unpaid loans were down to 65.21 billion euros ($76.78 billion) at the end of July versus 68.79 billion euros a month earlier.
Long-term financial stress could have a lasting impact on brain health, with a new study linking persistent money worries to poorer memory and faster brain ageing.
Researchers analyse...
Southern Mediterranean Europe remains one of the continent’s strongest-performing tourism regions, with international arrivals rising by 4% in the first quarter of 2026, according to a n...
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Malta’s R&D Spending Rises to €140 Million in 2024, NSO Data Shows: Malta’s research and development (R&D) expenditure increased to €140.2 million in 2024, up €19...
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Parliament begins Summer Recess After Approving Two Bills Linked to EU funds: Parliament rose for its summer recess on Monday after MPs approved two Bills tied to Malta's...
The European Commission has unveiled an ambitious package of tax reforms aimed at simplifying tax rules across the European Union, reducing compliance burdens for businesses and strength...
The European Union's new Migration and Asylum Pact enters into force on 12 June, ushering in the most significant reform of the bloc's migration framework in years and placing renewed em...
Long-term financial stress could have a lasting impact on brain health, with a new study linking persistent money worries to poorer memory and faster brain ageing.
Researchers analyse...
When Malta first introduced its special tax residence programmes, they were designed to address specific segments of the international market. Over time, these programmes became an impor...
When Malta first introduced its special tax residence programmes, they were designed to address specific segments of the international market. Over time, these programmes became an impor...
As automation takes over routine processes, the sector’s competitive advantage is shifting towards professionals who can interpret complex information, exercise judgement and advise clie...
Pharmaceutical and wellbeing company Vivian has completed a comprehensive Employee Value Proposition (EVP) initiative involving nearly all of the company's 53 employees, revealing that p...
GO is strengthening its commitment to Malta’s creative industry with a continued multi-million-euro investment in local storytelling, as TOKIS prepares to launch its biggest season yet w...
Gulf states have backed a proposal aimed at reducing disruption to global oil trade by allowing Iran to collect voluntary fees from ships using the Strait of Hormuz, according to sources...
The United States and Iran have paused military strikes for a third consecutive night as both sides seek to give diplomacy another opportunity after nearly two weeks of escalating confli...
At least 32 people have been killed and more than 700 injured after two powerful earthquakes — measuring 7.2 and 7.5 — struck central Venezuela seconds apart, causing widespread destruct...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
Ukraine is aiming to develop a prototype of a new European anti-ballistic missile defence system by the first half of 2027, as Kyiv pushes allies to create a home-grown alternative to US...
Ukraine has recaptured 700 sq km (270 sq miles) of its territory this year, outgoing Commander in Chief Oleksandr Syrskyi said on Wednesday, confirming he was leaving the top military ...
