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Sunday, October 18, 2026English edition
The Geopolitician

Country risk, from the local press

Italy · Country watch

Ex Ilva Layoffs, Milan and Turin Protests

Ex Ilva announces layoffs affecting 8,600 workers; protests in Milan and Turin escalate into violence.

The picture Deteriorating

Business conditions in Italy are deteriorating due to Ex Ilva's significant layoffs and escalating protests in Milan and Turin, affecting public safety and the manufacturing sector.

In this briefing Giorgia Meloni · Matteo Salvini · Giuseppe Sala · Milan · Turin · Feltrinelli · Ex Ilva

Regulation

Nothing significant reported today.

Disruption

Nothing significant reported today.

Internal tension

  • Public sector

Violent protests erupt in Milan

Milan Cathedral from Piazza del Duomo
Milan Cathedral from Piazza del Duomo Jiuguang Wang, CC BY-SA 3.0 via Wikimedia Commons

Violent protests erupted in Milan as demonstrators clashed with police, according to Affaritaliani.it. The unrest, sparked by grievances over economic conditions, led to significant property damage and injuries. Prime Minister Giorgia Meloni and other political leaders condemned the violence, urging for peaceful demonstrations. The protests reflect growing social tensions in Italy, with authorities struggling to maintain order amid rising public discontent.

Impact Public-sector authorities face increased security challenges as social unrest escalates in major cities.

Sources: Affaritaliani.it ↗

  • Public sector

Turin protests turn violent, Feltrinelli attacked

Protests in Turin against rising living costs turned violent, resulting in clashes with police and the vandalism of a Feltrinelli bookstore, according to Virgilio Notizie and La Repubblica. Demonstrators threw stones and fireworks at law enforcement, who responded with water cannons and tear gas. The unrest underscores the growing dissatisfaction among citizens over economic conditions, as similar protests erupt across Italy.

Impact Retailers and public authorities in Turin face heightened security risks amid escalating protests.

Sources: Virgilio Notizie ↗, La Repubblica ↗

Safety & health

Nothing significant reported today.

Companies

  • Manufacturing

Ex Ilva layoffs affect 8,600 workers

Ex Ilva, the Italian steelmaker, announced plans to place over 8,600 workers on temporary layoffs, according to La Stampa and TGcom24. The company aims to double the number of employees receiving social safety nets from 4,450 to 8,622, as it struggles with ongoing financial difficulties. This decision impacts nearly 9,626 employees in total, with the layoffs set to last until February 28, 2027. The move highlights the severe challenges facing Italy's steel industry amid global economic pressures.

Impact Steel industry stakeholders face increased operational challenges as Ex Ilva reduces its workforce significantly.

Sources: La Stampa ↗, TGcom24 ↗

Markets

Nothing significant reported today.

Trade

Nothing significant reported today.

Politics

Nothing significant reported today.

Also today in Italy

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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