
The Minister of Business and Made in Italy in Ancona: «We are the only country in Europe to achieve such a challenging goal in such a short time»
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The Italian government has promoted measures to control fuel prices through the adoption of a price cap.
"In just a few days, almost 10,000 refueling stations have applied the price cap, selling petrol for under two euros and the same also applies to the discounts for diesel. It means 50% of the network. If compared with what happens in the rest of Europe it is extraordinary". This was said by the Minister of Business and Made in Italy, Adolfo Urso, on the sidelines of a Confindustria event in Ancona.
"We are the only country in Europe to achieve such a challenging objective in such a short time. - added the minister - I thank the international companies, first of all Eni who paved the way and then the others who followed promptly and responsibly, demonstrating that they take charge of the problems of our country and demonstrating that they love Italy and also demonstrating how much credibility this government has with international partners".

The BTP-Bund spread drops to 118 basis points and the yields on the Italian 10-year bond fall to 4.66%. Oil continues to fall below 90 dollars for the WTI, while European stock markets consolidate in the positive.

The president of Confindustria Emanuele Orsini, on the sidelines of an event in Ancona, asked the government for tax breaks to encourage aggregation between small and micro businesses and increase productivity.

Government bond yields reverse course after the tensions of the day before. The BTP fell to 4.64%, the Bund to 3.42%, the OAT to 4.88%, the Gilt to 5.32% and the T-Bond to 5.23%.

Deputy Prime Minister Antonio Tajani announced that the Council of Ministers will decide the budget gap, estimated at around 7 billion for the current year, taking advantage of the flexibility for defense and energy. He also hoped that the ECB would not increase rates.
October 4, 2026, the national holiday of Saint Francis of Assisi, falls on a Sunday. Workers will be entitled to compensation for holidays not taken with net increases in the paycheck of between 39 and 53 euros.

Global food commodity prices rose 1.5% in September from August, driven by climate shocks and transportation problems in the Strait of Hormuz and the Black Sea, according to data released by the FAO.