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: Franceâs Credit Agricole is being investigated over the online cost simulations for one of its mortgages, Italyâs antitrust regulator said on Wednesday. Calculations for it âGreenbackâ mortgage, both on the lenderâs 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 âŹ4.6bn ($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 countryâs automotive industry between 2025 and 2030, the text of next yearâs 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 […]
CashNews.co Finance Colombia » Italian Fugitive Linked to Drug Trafficking Captured in MedellĂn Finance Colombia !function(e,n,t){var o,c=e.getElementsByTagName(n)[0];e.getElementById Read More #cashnews #Italy #finance
CashNews.co 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 move comes amid a global slowdown […]
CashNews.co By Sara Rossi MILAN (Reuters) – Ratings agency DBRS on Friday revised its trend on Italy to ‘positive’ from ‘stable’, saying it expected an improvement in the country’s fiscal path, in a boost to Prime Minister Giorgia Meloni’s government. The upgrade to the outlook follows a similar one by Fitch last week and shortly […]
CashNews.co By Francesca Landini MILAN (Reuters) – Italian energy group Eni expects 2.5 billion euros ($2.7 billion) in net proceeds from additional disposals that will be completed next year, Chief Transition & Financial Officer Francesco Gattei said on Friday. The group announced on Thursday that U.S. investment group KKR would buy 25% of its biofuel […]
CashNews.co By Gavin Jones ROME (Reuters) – Italian business and consumer confidence both dropped unexpectedly in October, data showed on Friday, with a multi-year low in sentiment among companies casting a shadow over growth prospects for the euro zone’s third-largest economy. National statistics institute ISTAT’s composite business morale index, combining surveys of the manufacturing, retail, […]