Italy
The agreement between the Italian government is the latest in a row with Stellantis which last month said it would rename Alfa Romeo's Milano SUV, also produced in Poland. The Italian premier and her ministers have accused Stellantis of misleading buyers of their cars through the use of the "Italian-sounding" moniker. Italy's industry minister Adolfo Urso explained: "A car called Milano cannot be produced in Poland. This is forbidden by Italian law. "This law stipulates you cannot give indications that mislead consumers ... a car called Milano must be produced in Italy." The car is now called ...
Euronews (English)
American fund Oaktree has officially became the new owner of Serie A champion Inter Milan, bringing an end to Suning's eight years in charge. Oaktree took over after Suning failed to meet Tuesday's deadline of repaying a debt of nearly €400 million. That figure stems from a loan, with interest, taken out three years ago, soon after Inter won its previous league title. It was known at the time the club was going to be hit by record losses because of the coronavirus pandemic. "As of May 22, 2024, funds managed by Oaktree Capital Management, LP are the owners of Inter. This follows the failure to...
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A women's prison near Naples was evacuated as a precaution on Tuesday after a 4.4 magnitude earthquake struck, with its epicentre at an active volcano west of the southern Italian port city. The quake also forced hundreds of residents to sleep in tents or cars. No injuries and only minor damage was reported. The quake was the strongest ever recorded around the Phlegraean Fields, a sprawling area of ancient volcanic centres near the Tyrrhenian Sea, according to Giuseppe De Natale, a volcanologist at Italy’s INGV National Geophysics and Volcanology Centre. During the previous major event in 1984...
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Generali, one of Italy's biggest insurance companies, has reported a 5.5% increase in operating profits to €1.9 billion for its first quarter of 2024. The company says the rise was mostly due to the continuing robust performance of every business division. Adjusted net profit came in at €1.1 billion for the same period, a drop of 9% from the €1.2 billion seen for the same time last year. Gross written premiums surged to €26.4 billion, an increase of 21.4% that was boosted mainly by the property-casualty insurance and life insurance divisions. Life insurance net inflows reached €2.3 billion, dr...
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If you’re looking for a European rail adventure this summer, Slovenian Railways have launched one ready-made. The train passes through three countries and eight towns and cities in just two hours. A five-hour version of the route closed down over 30 years ago, but it has been revived for the summer months until 30 September. The best part? The journey will barely make a dent in your travel budget because tickets start at €8 one way. New train line connects Italy, Slovenia and CroatiaThe new route, run by Slovenian Railways, follows a railway line first built over 150 years ago under the Austro...
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The International Monetary Fund (IMF) has issued a stern warning to Italy, highlighting the need for swift and decisive fiscal reforms to address its escalating public debt. In its concluding statement following the 2024 Article IV consultation mission to Italy, the IMF noted that Italy's economy has demonstrated resilience by recovering from the dual impacts of the pandemic and rising energy prices. This recovery has been largely driven by a resurgence in tourism and substantial policy support. The IMF mission, led by Rachel van Elkan, also stressed the urgent need for Italy to implement fast...
Euronews (English)
Flooding in northern Italy Northern Italy has been hit by severe storms and heavy rainfall, leaving several regions, including Padua and Vicenza, submerged. Emergency services have been mobilised, using dinghies to rescue residents from flooded homes, while cars float in the inundated streets. The governor of the Veneto region described the deluge as a "water bomb," reflecting the sudden and devastating nature of the rainfall. In the early hours of Friday, the banks of the Muson dei Sassi river in the Padua area burst due to excessive rain, leading to severe flooding. A freight train was overt...
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The rain impacted areas of northern Italy including Milan, Varese and Cremona. Over 100 firefighters used dinghy boats to evacuate people following the floods. Travel services were also severely disrupted.
Euronews (English)
A group of 15 member states, led by Denmark, have issued a joint call to develop the outsourcing of migration and asylum policy, arguing the "unsustainable" increase in irregular arrivals seen in recent years justifies thinking "outside the box." "The EU and its Member States should enhance their contribution to equal, constructive and broad partnerships with key countries, especially along the migratory routes, by changing our focus from managing irregular migration in Europe to supporting refugees as well as host communities in regions of origin," they write. "If we wish to further our effor...
Euronews (English)
By ????? ??????????? นิโกโล่ ซานิโอโล่ กองกลางอิตาเลี่ยนของแอสตัน วิลล่า กลายเป็นนักเตะอีกรายที่จะพลาดการลงเล่นใน ยูโร 2024 รอบสุดท้ายกลางปีนี้แน่นอนแล้ว จากอาการบาดเจ็บในการลงเล่นให้กับแอสตัน วิลล่า ในฤดูกาลที่จะจบลงนี้ กองกลางวัย 24 ปี โดนเปลี่ยนตัวออกหลังจากลงมาเป็นตัวสำรองในเกมที่พวกเขาเสมอกับลิเวอร์พูล 3-3 ก่อนที่เจ้าตัวจะทำการยืนยันด้วยตนเองผ่านทาง อินสตาแกรม ส่วนตัวว่าอาการบาดเจ็บนี้ทำให้เขาพลาดการติดทีมชาติอิตาลีไปเล่นทัวร์นาเมนต์ใหญ่กลางปีนี้ “ผมต้องยอมแพ้กับความฝันในการลงเล่นทัวร์นาเมนต์ใหญ่กลางปีนี้กับทีมชาติอิตาลี ขอบคุณทุกแรงสนับสนุนจากเหล่าแฟนบอลแอสตัน วิลล่า และ อิตาลี รวมถึงแฟน...
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