Economy · EUItalian government approves decree-law on electricity and gas costs

The Italian government said on 9 November 2026 that its Council of Ministers approved a decree-law on reducing electricity and gas costs. The government said that from 1 January 2027 further components of the gas transport tariff will be included in compensation for gas-fired power plants. It said the separate additional compensation for thermal power plants applies for no more than 18 months. Prime Minister Giorgia Meloni said the same day that the decree’s mechanism starts when the gas price exceeds 58.9 euros per megawatt hour.

Sources: Presidency of the Council of Ministers of Italy – Communiqué of the Council of Ministers no. 197 (in Italian; content translated from Italian) – governo.it, website of the Italian government – 9 November 2026; Giorgia Meloni, Prime Minister of Italy – “Decreto Bollette, dichiarazione del Presidente Meloni” (in Italian; content translated from Italian) – governo.it, website of the Italian government – 9 November 2026

Produced with the help of AI. PressExpress reports only verifiable events and published statements.

More reports

Economy · Southeast Asia

ASEAN launches labour statisticians network in Singapore

27 Oct 2026

The ASEAN Secretariat said ASEAN launched its Labour Statisticians Network in Singapore on 27 October 2026. According to the secretariat, Deputy Secretary-General San Lwin highlighted the importance of labour market…

Source: ASEAN Secretariat