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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 ...
In 2019, Rome introduced a 3% levy on revenue from internet transactions for digital companies with annual sales of at least 750 million euros ($788.40 million) if at least 5.5 million are made in ...
The economy of Italy is a highly developed social market economy. [31] It is the third-largest national economy in the European Union, the second-largest manufacturing industry in Europe (7th-largest in the world), [32] the 9th-largest economy in the world by nominal GDP, and the 11th-largest by PPP-adjusted GDP. Italy is a developed country ...
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Economically, the country suffered the impact of a global inflation surge following the COVID-19 pandemic. Politically, in January President Sergio Mattarella was re-elected for a second term, and in February the Italian government responded to the Russian invasion of Ukraine as a partner of the North Atlantic Alliance , authorising weapons ...
The Berenberg Bank revised its forecast for the Italian economic growth in 2020 from -0.3% before the lockdown to -1.2%. [45] An economist at London-based consultancy Capital Economics estimated Italy's 2020 GDP decline to be 2 percent after the national lockdown, assuming that the lockdown is lifted on schedule. [46]
(Bloomberg Opinion) -- The Italian government has announced a 3.6-billion euro ($4 billion) stimulus package to help the economy cope with the Coronavirus outbreak. The response appears timely and ...
The 2022 Italian government crisis was a political event in Italy that began on 14 July. [1] [2] [3] It includes the events that followed the announcement of Giuseppe Conte, leader of the Five Star Movement (M5S) and former Prime Minister of Italy, that the M5S would withdraw its support to the national unity government of Mario Draghi over a bill regarding an economic stimulus to combat the ...