CashNews.co Italy’s central bank governor Fabio Panetta has thrown his support behind the idea of a global carbon reduction incentive scheme, arguing that it could help provide financing for emerging economies seeking to speed up their transition to net zero. Speaking on Monday at the start of a conference at the Banca d’Italia on “ensuring […]
CashNews.co Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. Italy’s Giorgia Meloni has lashed out at the EU’s ban on the sale of new fossil fuel-powered car engines after 2035 as a “self-destructive” policy, and vowed to press Brussels “to correct these choices”. […]
CashNews.co (AGENPARL) – Rome, 18 September 2024 (AGENPARL) – more 18 settembre 2024 PRESS RELEASE2024-341-ENMadrid, 18 September 2024InvestEU: EIB signs €166 million green loan with BNZ to deploy renewable energy plants in Spain, Italy and PortugalThe loan will support the roll-out of 17 new photovoltaic plants with an installed capacity above 700 MW, consolidating the EIB´s position as the […]
CashNews.co By Emilio Parodi, Elisa Anzolin, Denis Balibouse and Mimosa Spencer PRATO, Italy/GENEVA (Reuters) – “Made in Italy: shame in Italy,” a handful of migrant labourers who had travelled from Italy’s famed leatherware region Tuscany chanted last week in Geneva outside the flagship store of luxury accessory maker Montblanc, holding placards with the slogan. Standing […]
CashNews.co ROME (Reuters) – Italy approved on Tuesday a decree allowing the Treasury to sell a stake of up to 14% in postal service Poste Italiane, Prime Minister Giorgia Meloni’s office said in a statement. Under the decree, the state plans to retain more than 50% stake in Poste, the statement said. The Treasury directly […]
CashNews.co By Giuseppe Fonte ROME (Reuters) – Italy confirmed on Tuesday a previous commitment to bring its deficit below the European Union’s 3% of gross domestic product ceiling in 2026, the Treasury said, after the cabinet discussed a budget plan to be approved by the European Commission. Italy was put under a so-called Excessive Deficit […]
CashNews.co BEIJING (Reuters) -Chinese Commerce Minister Wang Wentao said on Monday the EU investigation into Chinese electric vehicles was seriously affecting Chinese car companies’ confidence in investing in Italy, as a regional vote on additional tariffs looms. Cooperation between the Chinese and Italian automobile sectors has a “solid” foundation and “huge” potential, Wang told Italian […]
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CashNews.co Study suggests green financing will boost the economy but Mediterranean countries will endure fiscal challenges. ADVERTISEMENT Italy and Spain could face greater levels of austerity as a consequence of public investments to cut Europe’s greenhouse gas emissions by 90% by 2040, a new study published today (September 16) suggests. Think tank Agora Energiewende said […]
CashNews.co MILAN (Reuters) – Italy’s competition watchdog said on Monday a planned tie-up between Swisscom’s and Vodafone’s Italian units could pose a threat to competition in the country’s fixed-line connectivity services. Last week the Italian antitrust authority, called AGCM, opened an in-depth review of Swisscom’s 8-billion-euro buyout of Vodafone Italia, which will be combined with […]