CashNews.co Italy’s far-right government has approved a budget for next year of about 30 billion euros ($33 billion), which officials say will be partly funded by a levy on Italian banks and insurers. Prime Minister Giorgia Meloni said late Tuesday that the government expected to raise some 3.5 billion euros from banks and insurance companies […]
Finance MagnatesItaly's Move to Increase Bitcoin Tax to 42% Follows Global Regulatory TrendsItaly plans to raise the capital gains tax on Bitcoin from 26% to 42%. This decision is part of the government's efforts to finance costly….2 hours ago #ItalyFinance
CashNews.co Finance MagnatesItaly’s Move to Increase Bitcoin Tax to 42% Follows Global Regulatory TrendsItaly plans to raise the capital gains tax on Bitcoin from 26% to 42%. This decision is part of the government’s efforts to finance costly….2 hours ago Read More #cashnews #Italy #finance
Italy approves tight budget partly funded by a levy on banks and insurers #ItalyFinance
CashNews.co ROME (AP) — Italy’s far-right government has approved a budget for next year of about 30 billion euros ($33 billion), which officials say will be partly funded by a levy on Italian banks and insurers. Prime Minister Giorgia Meloni said late Tuesday that the government expected to raise some 3.5 billion euros from banks […]
Italy to raise 0.2% of GDP in 2025 from banks, insurers and gaming #ItalyFinance
CashNews.co ROME (Reuters) – Italy plans to raise revenues worth around 0.2% of gross domestic product (GDP) or roughly 4 billion euros ($4.35 billion) in 2025 from changes in tax rules for banks, insurance products and business licences for gaming, Rome’s draft budgetary plan (DBP) showed on Wednesday. The document, sent to the European Commission […]
Italy to Tap Banks, Insurers for €3.5 Billion in Budget Plan #ItalyFinance
CashNews.co (Bloomberg) — Prime Minister Giorgia Meloni’s cabinet is tapping Italy’s banks and insurers to help finance its budget, according to a new plan designed to deliver on giveaways pledged to voters. Most Read from Bloomberg “As we promised, there will be no new taxes for citizens,” Meloni said in a post on X on […]
Italy to Tap Banks, Insurers for €3.5 Billion in Budget Plan – BNN Bloomberg #ItalyFinance
CashNews.co (Bloomberg) — Prime Minister Giorgia Meloni’s cabinet is tapping Italy’s banks and insurers to help finance its budget, according to a new plan designed to deliver on giveaways pledged to voters. “As we promised, there will be no new taxes for citizens,” Meloni said in a post on X on Tuesday. “€3.5 billion from […]
Italy seeks up to 4 billion euros from banks in cash hunt for budget #ItalyFinance
CashNews.co By Giuseppe Fonte and Angelo Amante ROME (Reuters) -Italy’s ruling parties looked close to a deal on Tuesday on raising up to 4 billion euros ($4.36 billion) from the country’s banks, overcoming tensions within the coalition ahead of a cabinet meeting to approve the 2025 budget. Prime Minister Giorgia Meloni’s government needs to find […]
Italy targets banks in bid to fill €9bn budget hole #ItalyFinance
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 government wants to raise billions of euros from companies as it rushes to plug a €9bn gap in its budget, with the country’s banks set to contribute the most. People involved in the […]
BOBST unveils Competence Center in Italy #ItalyFinance
CashNews.co BOBST, a packaging machinery and services supplier, has opened a new Competence Center for labels and flexible packaging in Florence, Italy. Spanning 1,200m², the facility is equipped with six complete production lines, including inline flexo, digital, and All-in-One technologies. According to BOBST, the new facility will provide its customers with local expertise and proximity, […]
Italy Targets €4 Billion From Firms Via Tax Rate, Deductions #ItalyFinance
CashNews.co (Bloomberg) — Italy’s government is targeting €4 billion ($4.4 billion) from companies by adjusting some tax thresholds and eliminating certain tax deductions, according to people familiar with its budget plans. Most Read from Bloomberg Finance Minister Giancarlo Giorgetti’s team is working on ways to raise money to help fill a €9 billion shortfall in […]