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.
Türkiye and Azerbaijan are deepening defense ties with two major joint military drills in Nakhchivan this June, aiming to strengthen strategic cooperation and regional readiness.
European foreign ministers agreed to increase pressure on Russia by imposing new sanctions targeting its energy and banking sectors amid ongoing conflict with Ukraine.
As G7 leaders prepare to meet, most member states are ready to cut the Russian oil price cap to $45 even without U.S. backing.
NVIDIA unveiled plans on Wednesday to build the world’s first industrial AI cloud in Germany, aiming to revolutionize European manufacturing with a 10,000-GPU facility and partnerships with industry leaders like BMW, Siemens, and Mercedes-Benz.
EU Council President Antonio Costa celebrated the 40th anniversary of Portugal's EU accession, hailing it as the catalyst for the nation's most significant period of social and economic development and a testament to European solidarity.
Türkiye and Azerbaijan are deepening defense ties with two major joint military drills in Nakhchivan this June, aiming to strengthen strategic cooperation and regional readiness.
European foreign ministers agreed to increase pressure on Russia by imposing new sanctions targeting its energy and banking sectors amid ongoing conflict with Ukraine.
As G7 leaders prepare to meet, most member states are ready to cut the Russian oil price cap to $45 even without U.S. backing.
NVIDIA unveiled plans on Wednesday to build the world’s first industrial AI cloud in Germany, aiming to revolutionize European manufacturing with a 10,000-GPU facility and partnerships with industry leaders like BMW, Siemens, and Mercedes-Benz.
Azerbaijan is advancing its green energy agenda, with bold targets and regional projects discussed at the IEA’s global energy efficiency conference.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 8th, covering the latest developments you need to know.
Presidential candidate Miguel Uribe Turbay is in critical condition after being shot three times — including twice in the head — during a campaign event in Bogotá.
Kazakhstan and the UK are strengthening defense ties with a new Military Cooperation Plan, focusing on peacekeeping and military education.
A 30-year-old woman was shot by police in Munich on Saturday evening after stabbing two people at Theresienwiese, a central park best known for hosting Oktoberfest.
Mexican President Claudia Sheinbaum has condemned U.S. immigration raids and National Guard deployment in Los Angeles, calling for reforms instead of enforcement.
Türkiye and Azerbaijan are deepening defense ties with two major joint military drills in Nakhchivan this June, aiming to strengthen strategic cooperation and regional readiness.
European foreign ministers agreed to increase pressure on Russia by imposing new sanctions targeting its energy and banking sectors amid ongoing conflict with Ukraine.
As G7 leaders prepare to meet, most member states are ready to cut the Russian oil price cap to $45 even without U.S. backing.
NVIDIA unveiled plans on Wednesday to build the world’s first industrial AI cloud in Germany, aiming to revolutionize European manufacturing with a 10,000-GPU facility and partnerships with industry leaders like BMW, Siemens, and Mercedes-Benz.
EU Council President Antonio Costa celebrated the 40th anniversary of Portugal's EU accession, hailing it as the catalyst for the nation's most significant period of social and economic development and a testament to European solidarity.
Türkiye and Azerbaijan are deepening defense ties with two major joint military drills in Nakhchivan this June, aiming to strengthen strategic cooperation and regional readiness.
European foreign ministers agreed to increase pressure on Russia by imposing new sanctions targeting its energy and banking sectors amid ongoing conflict with Ukraine.
As G7 leaders prepare to meet, most member states are ready to cut the Russian oil price cap to $45 even without U.S. backing.
NVIDIA unveiled plans on Wednesday to build the world’s first industrial AI cloud in Germany, aiming to revolutionize European manufacturing with a 10,000-GPU facility and partnerships with industry leaders like BMW, Siemens, and Mercedes-Benz.
Azerbaijan is advancing its green energy agenda, with bold targets and regional projects discussed at the IEA’s global energy efficiency conference.
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