AGP Executive Report
Last update: 13 minutes ago2027 Budget: Italy’s cabinet approved a €26 billion package combining energy-cost relief and newborn savings measures with tax increases on banks and energy firms. Economy Minister Giancarlo Giorgetti called for parliament to stay the course. Transport & Logistics: Contship Italia agreed to buy the Tarros group, linking its ports, shipping and inland transport operations; the deal awaits regulatory approval, with closing expected in the fourth quarter. Corporate Results: STMicroelectronics nearly doubled quarterly profit and forecast fourth-quarter sales above $4 billion, while Prysmian raised its full-year outlook after strong third-quarter results. Jobs: Istat counted 24.33 million people in work in September, down 7,000 from August but up 198,000 year on year; unemployment held at 6.3%. Export Drive: State insurer Sace has reached €4.9 billion in commitments across target African countries under Italy’s Mattei Plan, supporting the country’s push to expand exports.
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