CashNews.co MILAN (Reuters) – Italy backs tariffs proposed by the European Commission on Chinese exports of electric vehicles (EVs), Italian Foreign Minister Antonio Tajani said on Monday before a meeting in Rome with China’s commerce minister. “We support the duties that the EU Commission proposes, to protect the competitiveness of our companies,” Tajani told daily […]
Italy retains allure for rich Europeans fleeing higher taxes #ItalyFinance
CashNews.co Wealthy UK and French taxpayers still want to relocate to Italy despite Rome’s recent decision to double its flat tax on the foreign income of rich expats to €200,000 a year. With the looming abolition of Britain’s historic “non-dom” tax regime, advisers claim Italy remains a highly attractive alternative. “People move not just because […]
Italy says ECB rate cut too modest, shows lack of courage #ItalyFinance
CashNews.co ROME (Reuters) – Two Italian ministers criticised the European Central Bank after it cut interest rates by a quarter of a percentage point on Thursday, saying the move was insufficient and showed a lack of courage. In a move that had been widely expected by markets, the ECB lowered its deposit rate by 25 […]
Italy opens in-depth antitrust probe into Swisscom-Vodafone deal #ItalyFinance
CashNews.co (Reuters) -Italy’s competition authority has opened an in-depth investigation to assess the acquisition of Vodafone Italia by Swisscom under Italian merger control rules, the Swiss telecoms company said on Thursday. Swisscom agreed a deal in March to buy the Italian unit of Vodafone for 8 billion euros ($8.8 billion). It plans to merge the […]
Italy Gets Record Demand for Bond Offering Ahead of ECB Meet #ItalyFinance
CashNews.co (Bloomberg) — Italy’s sale of new 30-year debt attracted over €130 billion ($143 billion) of orders as investors rushed to lock in the region’s highest yields before an expected interest-rate cut by the European Central Bank later this week. Most Read from Bloomberg The country’s Treasury is selling €8 billion of a bond maturing […]
Telecom Italia among suitors for residual BT business in Italy, sources say #ItalyFinance
CashNews.co MILAN (Reuters) – Telecom Italia (TIM) has put forward a non-binding bid for the remaining operations of BT in Italy, seeking to get about 100 million euros ($110 million) from the seller in order to take on the assets, two sources with knowledge of the matter told Reuters. BT has scaled back its operations […]
Italy Embedded Finance Business Report 2024: Market to Grow #ItalyFinance
CashNews.co Dublin, Sept. 09, 2024 (GLOBE NEWSWIRE) — The “Italy Embedded Finance Business and Investment Opportunities Databook – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q2 2024 Update” report has been added to ResearchAndMarkets.com’s offering. Embedded finance industry in Italy is expected to grow by 11.1% annually to reach US$3.18 billion […]
Ellomay Capital Announces Achievement of an Important Milestone towards the Project Finance of its 198 MW Solar Portfolio in Italy #ItalyFinance
CashNews.co Ellomay Capital (NYSE American; TASE: ELLO) has announced a significant milestone towards financing its 198 MW solar portfolio in Italy. The company’s subsidiary, Ellomay Holdings Luxembourg Sarl, has entered into a commitment letter with a reputable European institutional investor for a Project Finance of up to €110 million. The […]
Ellomay Capital Advances Solar Finance Deal in Italy #ItalyFinance
CashNews.co Ellomay (IT) has released an update. Ellomay Capital Ltd. has reached a significant step forward in securing project finance for its 198 MW Solar Portfolio in Italy, with a commitment letter from a European institutional investor for up to €110 million. The funds are intended to support construction and related costs, with terms including […]
Italy Embedded Finance Business Report 2024: Market to Grow by 11.1% to Reach $3.18 Billion this Year #ItalyFinance
CashNews.co Company Logo Italian Embedded Finance Business and Investment Market Italian Embedded Finance Business and Investment Market Dublin, Sept. 09, 2024 (GLOBE NEWSWIRE) — The “Italy Embedded Finance Business and Investment Opportunities Databook – 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q2 2024 Update” report has been added to ResearchAndMarkets.com’s offering. […]