Financial Insights That Matter RABAT (Reuters) – Italian state lender CDP and the African Development Bank (AfDB) signed on Thursday a co-financing deal worth 400 million euros ($420 million) to promote climate finance, sustainable farming, education and technical assistance, AfDB’s vice president for finance Hassatou Diop N’Sele said. The deal, signed during the AfDB’s Africa […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Italy’s national statistics agency has halved its forecast for the country’s growth this year, highlighting the pressure on Prime Minister Giorgia Meloni’s rightwing government to keep public spending in check. The Eurozone’s third-largest economy […]
CashNews.co Published : 1 hour agoon 06/12/2024 ROME (Reuters) – Amazon said on Thursday it had successfully completed an initial test of using delivery drones in Italy, the first European country where the e-commerce giant plans to introduce the service. The test was carried out on Wednesday in San Salvo, a town in the central […]
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CashNews.co Italy’s economy probably grew much less than forecast this year, according to a Finance Ministry official. The official confirmed that forecasts by the country’s Istat statistics agency predicting expansion of just 0.5% in 2024 are “not a surprise.” The government’s projection is currently 1%. Istat also slashed next year’s growth target to 0.8% from […]
CashNews.co Item 1 of 2 UniCredit bank logo is pictured in Rome, Italy, November 25, 2024. REUTERS/Yara Nardi/File Photo [1/2]UniCredit bank logo is pictured in Rome, Italy, November 25, 2024. REUTERS/Yara Nardi/File Photo Purchase Licensing Rightsopens new tab Some ministers have called for use of ‘golden powers’ Golden powers allow only limited curbs on deal, […]
CashNews.co (Bloomberg) — Italy has emerged as a hotbed of European bank consolidation as multiple deals are set to transform the country’s finance industry, with knock-on effects across Germany, France and beyond. UniCredit SpA’s surprise bid for Banco BPM SpA came just weeks after the smaller rival embarked on a takeover attempt of its own, […]
CashNews.co Italy’s gambling taxes bring in €2.22 billion in Q3 – Gaming Intelligence Share Close Read More #cashnews #Italy #finance
CashNews.co Italy’s “regressive” tax system, made up of starkly inconsistent tax rates, has exacerbated inequalities between the country’s richest and poorest. The European country has made few changes to its taxation policy over the years. That’s meant a lower return on investment for lower- to middle-income Italians than their high-income counterparts, a new study published […]
CashNews.co Italy’s deputy prime minister has hit out at Vauxhall parent Stellantis, saying its problems are as much the fault of billionaire investors the Agnelli family as its ousted boss Carlos Tavares. Matteo Salvini, who also serves as transport minister in Italy’s coalition government, said the issues at Stellantis are “more about its ownership” than […]