Search Results for: Italy
Is Italy now more close to exit the euro?
June 1st, 2017
Italy’s central bank warned on May 31 that leaving the eurozone would not solve the country’s economic problems, as two major parties campaign to drop the common currency before an election that may come as soon as this autumn. ...
European Union to launch legal case against Italy over Fiat
May 18th, 2017
The European Union will launch legal action against Italy on Wednesday (17 May) for failing to police allegations of emissions-test cheating by Fiat Chrysler properly following the Volkswagen dieselgate scandal, EU sources said. EU officials have become increasingly frustrated ...
boon with Apple Pay continues growth in Europe with market launch in Italy
May 17th, 2017
First fully digitised mobile payment solution with Apple Pay Today Wirecard is bringing Apple Pay to boon customers in Italy. boon is the first fully digitised mobile payment solution to offer Apple Pay independently from any bank or telecom ...
Italy gets Google to pay $335 million in tax arrears
May 5th, 2017
Google has buckled again under government pressure and agreed to pay millions in back taxes in Europe. Italy’s tax agency confirmed that Google (GOOGL, Tech30) would pay €306 million ($335 million) to cover taxes for the years 2009 to ...
Italian judge banned Uber from Italy
April 14th, 2017
The ride-hailing company Uber is no stranger to controversy and regulatory issues. The latest of these roadblocks now comes from Italy, as the European country decided on April 7 to ban Uber’s service nationwide. The ban came as a ...
EU Commissioner to discuss gas supply with Israel, Greece, Cyprus and Italy
April 3rd, 2017
European Union Climate Action and Energy Commissioner Miguel Arias Cañete will travel to Tel Aviv on April 3 to discuss the potential of gas from the eastern Mediterranean region for Europe with the Energy Ministers from Israel, Greece, Cyprus ...
Italy court acquits S&P in credit rating case
March 31st, 2017
A judge for the criminal division of the Tribunal of Trani on Thursday acquitted Standard & Poor (S&P) officials over market manipulation charges. The credit rating agency was accused of contributing to the economic woes suffered by the country by ...
Italy brings in new tax breaks to attract wealthy foreigners
March 13th, 2017
Italy on Wednesday introduced a flat tax for wealthy foreigners in a bid to compete with similar incentives offered in Britain and Spain, which have successfully attracted a slew of rich footballers and entertainers. The new flat rate tax ...
Some €70 bn in non performing loans ready to be ceded by Italy’s main banks
February 22nd, 2017
The European Commission, the OECD, Economy Minister Piercarlo Padoan, EBA President Andrea Enria, Bank of Italy Vice Governor Fabio Panetta, and the Fitch ratings agency. One after another, like a chorus, they all spoke out on the same theme ...
Italy found a solution for its troubled banks
February 16th, 2017
Italy’s parliament approved a law to plow as much as 20 billion euros ($21 billion) into Banca Monte dei Paschi di Siena SpA and other troubled banks as part of the nation’s efforts to revamp its banking industry. The lower ...
