Italy

Banca d'Italia: Monetary Policy Effects on Euro Area Housing Markets

The Bank of Italy has published a working paper analyzing the heterogeneous effects of ECB monetary policy on euro area housing markets. The paper examines factors like homeownership rates, variable-rate mortgages, and loan-to-value ratios, and assesses potential policy interventions.

Banca d'Italia: Macroeconomic Shocks and US Interest Rate Term Premium

The Bank of Italy has published a working paper (N. 1520) analyzing US macroeconomic factors influencing the bond term premium. The paper uses a new econometric model to identify key drivers of this premium, including uncertainty, inflation risk, and domestic demand shocks.

US Innovation Indicators Analysis (1950-2015)

The Bank of Italy has published a working paper analyzing US innovation indicators from 1950-2015. The study highlights the significant impact of federally funded, privately owned innovations on productivity and GDP growth, particularly those originating from universities and research centers funded by NIH and NSF.

Italian Competition Authority Launches Quantum Computing Market Investigation

The Italian Competition Authority has launched a market investigation and a call for inputs into the Quantum Computing sector. The investigation aims to examine potential competition concerns, including barriers to entry and lock-in risks, in this rapidly developing field.

IVASS Warns of Counterfeit Road Carrier Liability Insurance Policy

The Italian Insurance Supervisory Authority (IVASS) has issued a notice regarding a counterfeit road carrier liability insurance policy. Consumers are advised to exercise caution and verify insurance details with authorized entities to avoid fraudulent offers.

Banca d'Italia: January Bond Issues Total €4.4 Billion

The Banca d'Italia reported that net bond issues by resident sectors in January 2026 totaled €4.4 billion. General government net issues were positive at €3.0 billion, driven by BTPs and other central government securities, while BOTs contributed negatively. Other financial intermediaries, insurance corporations, and non-financial corporations also contributed positively to the remaining €1.3 billion in net issues.

Public Finances: Borrowing Requirement and Debt - January 2026

The Bank of Italy has published its report on public finances, detailing the borrowing requirement and debt for January 2026. The report includes statistical data on government debt holders and changes in debt levels.

CONSOB Consultation on Issuer and Market Regulations

CONSOB has launched a market consultation on proposed amendments to regulations concerning issuers, markets, and related parties. Key changes include raising the internal dealing communication threshold and simplifying prospectus and offering procedures to reduce burdens while protecting investors. The consultation period ends on April 7, 2026.

Consob Mourns Passing of Former President Lamberto Cardia

The Italian National Commission for Companies and the Stock Exchange (Consob) has issued a notice expressing its condolences for the passing of former President Lamberto Cardia, who served from 2003 to 2010. The notice highlights his significant contributions to strengthening Consob's role and Italian financial markets.

Generative AI for Bank Carbon Data Gaps

Banca d'Italia published a paper exploring the use of Generative AI (GenAI) to address gaps and inconsistencies in carbon emission data reported by major Euro area banks. The research assesses GenAI's ability to supplement traditional data sources, noting its potential while also highlighting quality and transparency concerns.