Search Results for: Italy
Greece, Israel, Italy, Cyprus to discuss natural gas pipeline
February 2nd, 2017
Government representatives from Italy, Greece, Cyprus and Israel plan to meet in February to discuss a natural gas pipeline from the east Mediterranean fields to Greece and Italy, according to a report in Globes, a business daily. Israel energy minister ...
CONSOB warns for firms providing unauthorised investment services in Italy
January 31st, 2017
The National Commission for Companies and the Stock Exchange (CONSOB), the financial regulator of Italy, has issued an announcement to inform regarding companies not authorized to provide investment services and business in Italy. Specific, CONSOB released that the companies: ...
BT facing criminal inquiry over Italy accounting scandal
January 26th, 2017
Prosecutors in Milan have confirmed an investigation into allegations of false accounting and embezzlement at BT’s Italian arm. It is being led by Fabio De Pasquale – a veteran of high-profile investigations, including a long-running inquiry into the former ...
Shop owners in Conegliano Italy have been paying a local tax on shadow
January 20th, 2017
Shopkeepers in town in Veneto whose signs block light on public walkways are refusing to pay levy of €100 a year Goethe once wrote that where there is much light, there is also strong shadow. But for shop owners ...
Italy introduces new tax system to attract high net worth individuals
January 9th, 2017
Italy has introduced a new territorial system of taxation for ‘newly resident’ individuals, with the aim of attracting high net worth individuals (HNWIs), including sportspeople and celebrities, who could be interested in relocating The new measure is contained in ...
Italy creates $20 billion fund to back troubled banks
December 24th, 2016
Italy’s government has set up a backstop fund to shore up troubled banks, setting the stage for the rescue of troubled Italian lender Banca Monte dei Paschi di Siena SpA. At a cabinet meeting in the early hours of ...
Italy to bailout Monte dei Paschi di Siena bank with €20bn rescue fund
December 22nd, 2016
A €20bn (£17bn) rescue fund for Italy’s banking sector has been approved by the country’s parliament, heralding a bailout of the world’s oldest bank, Monte dei Paschi di Siena (MPS). The bank said late on Wednesday that it had ...
Italy seeks to borrow 20 bln euros to prop up banking sector
December 20th, 2016
The Italian government decided on Monday to seek parliamentary approval to borrow 20 billion euros to underwrite the stability of its wobbly banking sector, starting with a likely bail-out of No. 3 lender, Monte dei Paschi di Siena, as ...
Italy passes 2017 budget, paving way for PM Renzi’s resignation
December 7th, 2016
The Italian parliament on Wednesday gave its final approval to the government’s 2017 budget, which has irked the European Union, paving the way for Prime Minister Matteo Renzi to hand in his resignation. Renzi said he would quit following ...
CONSOB Italy warns for firms and websites provide investment services without authorisation
December 6th, 2016
The National Commission for Companies and the Stock Exchange, CONSOB reports that: the company Bauer Ferienwohnrechte Gmbh is not authorised to provide investment services and activities in Italy in any manner, including through the website www.bauerferienwohnrechte.de; the company MarketsTheWorld ...