Banca d'Italia
Italian government debt rises to €3,095.5 billion in December 2025
Italy's general government debt increased to €3,095.5 billion at the end of December 2025, up from €2,966.9 billion in 2024. The rise was driven by a borrowing requirement of €109.2 billion and an increase in the Treasury's liquid balance.
Focus
ECB boosts euro liquidity access for global central banks
The European Central Bank has enhanced its Eurosystem repo facility (EUREP) to provide more flexible euro liquidity.
EU banks' assets rise, NPL ratio slightly up in Q3 2025
The European Central Bank has published consolidated banking data for EU-headquartered credit institutions as of end-September 2025. Aggregate total assets increased by 0.95 percent, while the non-performing loans ratio rose slightly to 1.97 percent.
Latest
Bank-NBFI interconnections create systemic risks, report finds
A joint report by the European Central Bank (ECB) and the European Systemic Risk Board (ESRB) identifies significant financial stability risks from interconnections between banks and the non-bank financial intermediation (NBFI) sector.
Minimum reserve remuneration rate remains at zero
Banca d'Italia has published updated interest rates for minimum reserves, confirming the remuneration rate on required reserves remains at zero since September 2023. The penalty rate for non-compliance currently stands at 4.90 percent.
Italian bank lending and deposit rates rise in December
Lending to Italy's private sector increased by 2.1 percent annually in December 2025, with household loans rising 2.5 percent and non-financial corporate loans 2.0 percent.
More Topics
Italian economy faces mixed outlook in early 2026
The Banca d'Italia's 'The Italian economy in brief' for February 2026 presents a comprehensive overview of key economic and financial indicators.
Italian banks report moderate lending and deposit growth in December
Banca d'Italia announced that lending to the Italian private sector increased by 2.1 percent annually in December 2025. Deposits from the private sector also grew by 2.3 percent, while interest rates on new loans for house purchases rose to 3.81 percent.
Banca d'Italia's February brief details mixed Italian economic trends
The Banca d'Italia has released its 'Italian Economy in Brief' for February 2026, providing a comprehensive overview of the country's economic activity, labor market, and financial conditions.
Italian banks to self-assess digital resilience ahead of DORA
Banca d'Italia has called on supervised financial intermediaries to conduct a self-assessment of their digital operational resilience ahead of the Digital Operational Resilience Act (DORA) becoming applicable on January 17, 2025. The central bank highlighted increasing ICT and cyber incidents in the Italian financial sector.
Costs of statutory auditors for Italian firms outweigh measurable benefits
A Banca d'Italia working paper concludes that the aggregate costs of mandatory statutory auditors for Italian private limited companies outweigh their measurable benefits.
OPEC announcements reveal hidden oil market shocks, new identification method proposed
OPEC announcements contain unanticipated information about future oil supply, but also cause markets to revise demand expectations.