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Incoming Italian PM Matteo Renzi. Photo by EPA/BGNES
Matteo Renzi was sworn in as the new Prime Minister of Italy on Saturday.
Renzi becomes the youngest Prime Minister in his country's history, at the age of 39, taking over from Enrico Letta, who resigned on February 14.
The new top figure in Italian politics presented his new 16-member cabinet, which is equally split between female and male ministers.
Renzi, a member of the Democratic Party, faces the difficult task of pulling his country out of economic recession, high unemployment, and crumbling public faith in the political system.
Unemployment across the euro area reached a new historic low in January 2026, easing to 6.1% from 6.2% in December 2025, according to Eurostat. At EU level, the jobless rate also edged down, standing at 5.8% compared with 5.9% a month earlier.
Bulgaria closed 2025 with the unemployment rate hitting a historic low of 3.2 percent, according to the latest data from the National Statistical Institute
Bulgaria continues to stand out in the European labor market for both its low unemployment and the high employment rate among young graduates
Italy will fund the construction of temporary infrastructure for a NATO battlegroup base in Bulgaria, after Bulgaria’s parliamentary defence committee approved the agreement
Outrage has erupted in Italy over reports that a unit of the U.S. Immigration and Customs Enforcement (ICE) will be involved in security operations for the upcoming Winter Olympics, set to take place from February 6 to 22
In November 2025, the unemployment rate across the eurozone dropped to 6.3%, marking a seven-month low and edging close to the historic record of 6.2% recorded shortly before the euro’s introduction in January 1999
The Pentagon and several Gulf nations are exploring the acquisition of Ukrainian-made drone interceptors to counter Iranian Shahed drones, according to sources from Ukraine’s defense industry.
France, Italy and Greece have agreed to align their military presence in Cyprus and the eastern Mediterranean in response to rising regional tension
Natural gas prices in Europe climbed sharply, rising 8% in early trading today following warnings from Russian President Vladimir Putin that Moscow could halt deliveries to the continent.
On Thursday, March 5, Iran launched a drone strike on Azerbaijan’s Nakhchivan exclave, hitting Nakhchivan International Airport and injuring civilians, marking a dangerous expansion of the ongoing regional conflict involving Iran, Israel, and the United S
Iran’s military has officially denied launching a missile toward Turkey, following reports that NATO forces intercepted a ballistic missile over the eastern Mediterranean
As the conflict in the Middle East enters its sixth day, hostilities are intensifying across multiple fronts. A US submarine has sunk an Iranian warship near Sri Lanka, NATO forces intercepted an Iranian missile bound for Turkey, and the US-Israeli air ca
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