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29. November 2024 um 17:55

Italy's Nationwide Strike Challenges Government's Austerity Measures

Thousands of workers across Italy have taken to the streets in a significant general strike against the budget plans of Prime Minister Giorgia Meloni's right-wing government. Organized by the major unions CGIL and UIL, the strike targets the proposed austerity measures deemed inadequate to address the nation's challenges. Demonstrations unfolded in about 40 cities, involving public sector employees, including nurses, teachers, and industrial workers. The government, grappling with a colossal..
12. November 2024 um 09:00

Lufthansa Secures Stake in ITA Airways

Lufthansa and the Italian government have concluded negotiations over the German airline's acquisition of a significant stake in ITA Airways. The agreement entails Lufthansa purchasing 41% of ITA Airways for 325 million euros, with an option for a full takeover in the future. This decision comes after lengthy discussions, including a recent dispute over financial terms. ITA Airways, a successor to the financially troubled Alitalia, emerged in 2021 after state intervention. The Italian governm..
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