Wednesday, September 23, 2026English edition
EN FRTry Talia free
TheBinational

Country risk, from the local press

Italy · Country watch

Italy's Deficit Woes, Stellantis Production Halt

Italy's deficit remains above EU limits, complicating fiscal plans, while Stellantis halts production at Mirafiori.

· · 9 sources

The picture Deteriorating

Business conditions in Italy are deteriorating due to fiscal constraints from the EU deficit procedure and disruptions in the automotive sector at Stellantis. Rising energy costs further strain households and retailers.

In this briefing Giorgia Meloni · Giancarlo Giorgetti · Istat · European Union · Stellantis · Mirafiori · Confartigianato · Lombardy

Regulation

  • public-sector
  • finance

Italy's deficit at 3.1%, remains under EU scrutiny

white concrete building with statue under blue sky during daytime
Michele Bitetto / Unsplash

Italy's deficit-to-GDP ratio remains at 3.1% for 2025, exceeding the EU's 3% threshold, according to Istat data reported by Quotidiano Net and La Repubblica. This keeps Italy under the EU's excessive deficit procedure, complicating the government's fiscal maneuvering. Economy Minister Giancarlo Giorgetti expressed regret over the figures, acknowledging that Italy will not exit the EU's scrutiny early. Opposition parties criticized Prime Minister Giorgia Meloni's administration, with calls for a more flexible financial approach.

Impact Public-sector funding in Italy faces constraints as the deficit remains above EU limits.

Sources: Quotidiano Net ↗, La Repubblica ↗

Disruption

  • automotive
  • manufacturing

Stellantis halts production at Mirafiori plant

Stellantis announced a temporary halt in production at its Mirafiori plant from October 19 to 30, affecting 1,074 workers, according to TGcom24 and Fonte Ufficiale. The decision impacts the production lines for the electric and hybrid 500 models. A company spokesperson cited complex conditions despite increased investments and doubled production compared to the previous year. The move follows an internal meeting to assess ongoing challenges.

Impact Automotive suppliers and workers at Stellantis' Mirafiori plant face a temporary production halt.

Sources: TGcom24 ↗, Fonte Ufficiale ↗

Internal tension

Nothing significant reported today.

Safety & health

Nothing significant reported today.

Companies

Nothing significant reported today.

Markets

  • energy
  • retail

Energy prices surge, costing families €1.8 billion

Italian families face a €1.8 billion increase in energy costs over six months due to Gulf region tensions, according to Rai News and TGcom24. Retail energy prices rose 11.4%, outpacing the 2.8% inflation rate. The study by Confartigianato highlights uneven regional impacts, with Lombardy, Veneto, and Lazio most affected. The crisis affects approximately 27 million households, straining family budgets.

Impact Italian households and energy retailers face increased costs due to rising energy prices.

Sources: Rai News ↗, TGcom24 ↗

Trade

Nothing significant reported today.

Politics

Nothing significant reported today.

Also today in Italy

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

All Italy briefings →

The same day elsewhere