CashNews.co Published : 22 seconds agoon 04/11/2024 PRAGUE (Reuters) – The Czech Republic will join Italy in seeking to prevent carmakers from facing heavy penalties from next year when tougher CO2 emission rules take effect in the European Union, Czech Transport Minister Martin Kupka said on Sunday. Kupka said carmakers will face problems meeting new […]
CashNews.co MILAN, Oct 31 (Reuters) – Fitch Ratings on Thursday increased its long-term rating on UniCredit’s (CRDI.MI)opens new tab debt to BBB-plus, one notch above Italy’s sovereign level, in a move that reflects the bank’s restructuring progress and geographical diversification. With a strong presence in Germany and Austria and operations across 13 countries, UniCredit has […]
CashNews.co BY GIUSEPPE FONTE Italy’s economy minister has defended his decision to raise taxes on cryptocurrency capital gains as part of next year’s budget, despite pressure from some lawmakers in his own party to backtrack. Giancarlo Giorgetti said savers should make a distinction between investments that finance tangible projects and cryptocurrencies, whose value he said […]
CashNews.co ROME (Reuters) – Italy’s economy minister on Thursday defended his decision to raise taxes on cryptocurrency capital gains as part of next year’s budget, despite pressure from some lawmakers in his own party to backtrack. Giancarlo Giorgetti said savers should make a distinction between investments that finance tangible projects and cryptocurrencies, whose value he […]
CashNews.co Ministero dell’Economia e delle FinanzeGiorgetti in Washington for IMF, G20 and G7Washington, 25 October 2024 – Minister of Economy and Finance Giancarlo Giorgetti in Washington for the Annual Meetings of the International….8 hours ago Read More #cashnews #Italy #finance
CashNews.co By Gavin Jones ROME (Reuters) -Italian gross domestic product stagnated in the third quarter compared with the previous three months, preliminary data showed on Wednesday, missing forecasts and casting a shadow over growth prospects in the euro zone’s third largest economy. On a year-on-year basis, third quarter GDP was up 0.4%, national statistics bureau […]
CashNews.co ROME: France’s Credit Agricole is being investigated over the online cost simulations for one of its mortgages, Italy’s antitrust regulator said on Wednesday. Calculations for it ‘Greenback’ mortgage, both on the lender’s website and on comparison ones, do not include all of the insurance costs related to the loan within the so-called TAEG annual […]
CashNews.co Italy has plans for a significant reduction in the funds allocated to support its automotive industry, with a planned cut of approximately €4.6bn ($5bn) between 2025 and 2030, reported Reuters. This decision comes at a time when the global electric vehicle (EV) market is experiencing a slowdown, partly due to inconsistent policies on green […]
CashNews.co Published : 16 mins agoon 28/10/2024 By Giuseppe Fonte and Giulio Piovaccari ROME (Reuters) -Italian Prime Minister Giorgia Meloni plans to cut by some 4.6 billion euros ($5 billion) the funds set aside to support the country’s automotive industry between 2025 and 2030, the text of next year’s budget showed, triggering widespread criticism. The […]
CashNews.co Introduction Government finance statistics contain crucial indicators for determining the health of the economies of the EU Member States. Under the terms of the EU’s Stability and Growth Pact (SGP), Member States pledged to keep their deficits and debt below certain limits: a Member State’s government deficit may not exceed 3% of its gross […]