Search results
Results from the WOW.Com Content Network
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 ...
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 8th-largest economy in the world by nominal GDP, and the 11th-largest by PPP-adjusted GDP. Italy is a developed country ...
ROME (Reuters) -Italy's economy performed unexpectedly well in the third quarter, data showed on Monday, offering a welcome boost for the country's new government as it plans extra borrowing to ...
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 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]
Italy has been a member of the International Monetary Fund (IMF) since 1947, they joined in an effort to revive the economy after WWII. Currently Italy has a 3.02% vote share. Recently IMF have claimed that Italy's proposed budget which has a deficit of 2.4% of their GDP could lead to a recession that would last till the 2020s
Science & Tech. Shopping. Sports
The COVID-19 pandemic caused far-reaching economic consequences [1] including the COVID-19 recession, the second largest global recession in recent history, [2] decreased business in the services sector during the COVID-19 lockdowns, [3] the 2020 stock market crash (which included the largest single-week stock market decline since the financial ...