Today in Italy: A roundup of the latest news on Friday
Politics
In a surprising turn of events, the Italian government has announced its resignation. Prime Minister Mario Draghi, who has led the country since 2021, submitted his resignation to President Sergio Mattarella on Thursday evening. The move comes after Draghi lost the support of several key coalition partners in a confidence vote earlier this week. It is unclear what the future holds for Italy, as the country now faces the prospect of new elections.
Rome approves Italy's €9.1 billion aid package for Ukraine
The Italian government has approved a €9.1 billion aid package for Ukraine. The package includes €5.5 billion in military aid, €2.6 billion in economic aid, and €800 million in humanitarian aid. The aid package is part of Italy's commitment to supporting Ukraine in its fight against the Russian invasion.
Economy
The Italian economy is facing a number of challenges, including high inflation and a slowing global economy. The Bank of Italy has warned that the country's economy could contract by up to 1.5% in 2023. The government is taking steps to address these challenges, including implementing a package of stimulus measures and raising the minimum wage.
Italy's budget deficit falls to 5.6% of GDP
Italy's budget deficit fell to 5.6% of GDP in 2022, down from 7.2% in 2021. The improvement was due to a combination of higher tax revenue and lower spending. The government is aiming to reduce the budget deficit to 3% of GDP by 2025.
Society
Italy is facing a number of social challenges, including poverty, inequality, and crime. The government is taking steps to address these challenges, including increasing social spending and implementing reforms to the justice system.
Italy's unemployment rate falls to 7.8%
Italy's unemployment rate fell to 7.8% in June, down from 8.1% in May. The decline was due to an increase in employment in the services sector. The government is aiming to reduce the unemployment rate to 6% by 2025.
Culture
Italy is a country with a rich cultural heritage. The country is home to a number of world-famous museums, art galleries, and historical sites. Italy is also known for its food, wine, and fashion.
Italy's tourism industry recovers from the pandemic
Italy's tourism industry is recovering from the COVID-19 pandemic. The number of foreign tourists visiting Italy increased by 10% in the first half of 2022. The government is hoping to attract even more tourists in the coming years by promoting Italy's cultural heritage and natural beauty.