Italy’s Prime Minister Giorgia Meloni says rising energy prices are the main economic concern for her government.
Speaking at the annual Confindustria meeting in Bologna, Meloni said her team is looking into whether speculation is driving prices up.
“The government is working on an analysis of the functioning of the Italian market to understand whether possible anomalies in the formation of the unique national price could be the cause of unjustified price increases,” she said.
“If there were speculations on the backs of who produces and creates employment, it would be unacceptable.”
Her remarks followed a speech by Confindustria President Emanuele Orsini, who warned that Italian businesses are struggling to stay competitive due to high energy costs.
"Our companies continue to suffer from an energy (price) surcharge of more than 35% over the European average, even reaching peaks of 80% when compared to the largest European countries," Orsini said.
He urged the government to reform energy pricing and cut overall costs for businesses, including those tied to electricity.
He also called for fewer hurdles to produce energy from renewable sources and a return to the production of nuclear energy, which was banned in Italy in 1987.
The world is likely to experience record-breaking temperatures through 2029, with the Arctic expected to warm at more than three times the global average, the UN weather agency warned in a new report.
UK’s largest water firm Thames Water has been hit with a record £122.7 million fine by Ofwat after the regulator concluded its most extensive investigation ever into the company's environmental violations and dividend practices.
Following high-level talks in Astana, President of Kazakhstan Kassym-Jomart Tokayev and President of Rwanda Paul Kagame adopted a joint statement and oversaw the exchange of nine cooperation documents between their countries.
U.S. President Donald Trump said he is reluctant to impose new sanctions on Russia, warning that such measures could jeopardize efforts to reach a ceasefire in Ukraine.
Top U.S. banks are quietly preparing to enter the crypto market through cautious pilot programs and partnerships, as regulators offer clearer signals. While enthusiasm grows, most lenders remain hesitant, seeking more clarity on rules before committing heavily.
Yemen’s Houthi group has vowed a “hot summer” for Israel after a missile strike on Sanaa’s airport destroyed a civilian plane and disrupted operations.
A massive glacier collapse has destroyed most of the Swiss village of Blatten, leaving one person missing and nearly the entire town buried under debris.
Germany has dismissed Russian accusations of warmongering, defending its support for Ukraine’s missile development as a stand for international law.
The Czech government has summoned China’s ambassador over a cyberattack it says targeted the foreign ministry’s communications during its 2022 EU presidency.
Italy's Prime Minister Giorgia Meloni will host French President Emmanuel Macron for talks in Rome on June 3, Meloni's office said on Wednesday.
AnewZ takes to the streets of Yerevan and Baku to ask a simple yet deeply complex question: How do you see peace between Armenia and Azerbaijan? In the first part of our special report, we hear the hopes, doubts, and scars still shaping people’s perspectives on both sides.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
On May 28, the inauguration ceremony of Lachin International Airport was held.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Kyiv faced a large-scale Russian drone and missile assault overnight, with explosions and gunfire echoing throughout the city, forcing residents to shelter in subway stations.
Yemen’s Houthi group has vowed a “hot summer” for Israel after a missile strike on Sanaa’s airport destroyed a civilian plane and disrupted operations.
A massive glacier collapse has destroyed most of the Swiss village of Blatten, leaving one person missing and nearly the entire town buried under debris.
Germany has dismissed Russian accusations of warmongering, defending its support for Ukraine’s missile development as a stand for international law.
The Czech government has summoned China’s ambassador over a cyberattack it says targeted the foreign ministry’s communications during its 2022 EU presidency.
Italy's Prime Minister Giorgia Meloni will host French President Emmanuel Macron for talks in Rome on June 3, Meloni's office said on Wednesday.
Yemen’s Houthi group has vowed a “hot summer” for Israel after a missile strike on Sanaa’s airport destroyed a civilian plane and disrupted operations.
A massive glacier collapse has destroyed most of the Swiss village of Blatten, leaving one person missing and nearly the entire town buried under debris.
Germany has dismissed Russian accusations of warmongering, defending its support for Ukraine’s missile development as a stand for international law.
The Czech government has summoned China’s ambassador over a cyberattack it says targeted the foreign ministry’s communications during its 2022 EU presidency.
Italy's Prime Minister Giorgia Meloni will host French President Emmanuel Macron for talks in Rome on June 3, Meloni's office said on Wednesday.
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