• <a fr-original-style="" href="https://www.reuters.com/markets/europe/italy-present-new-package-support-economy-energy-security-2022-11-10/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Italy</a> approved a package of measures worth more than €9 billion on Thursday to lower energy prices, increase gas output and preserve stocks ahead of the winter. The spending will drive up this year's budget deficit to 5.6% of GDP from the 5.1% previously forecast, according to the Treasury's annual Economic and Financial Document published last week.<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">In other news: The growth of Italian bank lending to businesses <a fr-original-style="" href="https://www.reuters.com/markets/europe/growth-italian-bank-lending-firms-slows-down-september-2022-11-10/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">slowed down</a> in September, data from the Bank of Italy showed on Thursday. Loans to non-financial companies grew by 4.4% year-on-year in September compared with a 4.8% rise in August.</li></ul>

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