AGP Executive Report
Last update: 10 hours agoLabour Market Watch: ISTAT says Italy’s unemployment rate rose to 6.2% in August, the highest in more than a year, while the inactivity rate fell to a record-low 32.7%—a mixed signal for hiring and participation. Banking & Fraud: Reports say Italy’s top bank was hit by an AI-enabled messaging scam costing nearly €100m, underlining how quickly fraud tactics are evolving. Corporate Moves: Poste Italiane confirmed it holds 85.82% of TIM after its extended tender offer closed, moving ahead with integration after valuing the telecom at about €13bn. Energy & Inflation Pressure: Italy’s fuel-price cap and excise-duty cuts are being extended as energy costs keep feeding inflation concerns. Markets: Milan’s MIB slipped in early trading as European bond yields rose, with investors watching France’s 2027 budget plans. Security & Migration: Europol-led raids across 17 countries targeted an air-transit smuggling and document-fraud network, with arrests in Italy among others.
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