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Italy will probably balance its primary budget this year, excluding interest payments on government debt, the economy minister said on Friday, as Rome prepares a medium-term fiscal plan for ...
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.
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Italy's 2019 budget introduced a 3% levy on revenue from internet transactions for digital companies with sales of at least 750 million euros, at least 5.5 million of which are made in Italy.
The Italian government debt is the public debt owed by the government of Italy to all public and private lenders. This excludes unfunded state pensions owed to the public. As of January 2014, the Italian government debt stands at €2.1 trillion (131.1% of GDP). [1]
The following list provides information relating to the minimum wages (gross) of countries in Europe. [1] [2]The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [3] Belgium (38 hours), [4] United Kingdom (38 hours), [3] Germany (38 hours), [5] Ireland (39 hours) [5] and Monaco (39 hours). [6]
Prior to the quarantine, Scope Ratings GmbH estimated on 2 March an annual contraction in Italian GDP in 2020, with the budget deficit rising past 2.5% of GDP. [44] The Berenberg Bank revised its forecast for the Italian economic growth in 2020 from -0.3% before the lockdown to -1.2%. [ 45 ]
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