AGP Executive Report
Last update: 3 hours agoMilan Deal: Lendlease faces a Thursday deadline to complete the sale of its interest in Milan’s Santa Giulia redevelopment. A failed deal could leave the Australian developer with a sizeable funding burden. Energy and Security: Giorgia Meloni called a US-Russia diesel deal “very risky,” warning it could weaken sanctions and legitimize Moscow. Brussels has meanwhile approved Italy’s €8 billion defence loan plan. Tourism: Air capacity to Italy rose 5.1% year on year as visitors spread beyond the summer season and into more destinations, especially in the south. Economy: Italy’s growth outlook remains fragile: industrial production fell unexpectedly in August, and business leaders expect a slowdown ahead.
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