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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 ...
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’s parliament on Saturday approved the government’s 2025 budget, worth a total of 30 billion euros ($31 billion) — more than half of that in tax cuts and social security benefits 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.
The following list provides information relating to the (gross) minimum wages (before tax & social charges) of in the European Union member states. 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), [1] Belgium (38 hours), [2] Ireland (39 hours), [1] and Germany (39.1 hours).
Italy has offered several tax amnesties over the past few years, and a tax amnesty in 2012 resulted in €100 billion in assets being declared and made legal at a steeply discounted tax rate. [1] In 2014, the Bank of Italy estimated that Italians held €180 billion in undeclared assets abroad, a figure that was three times as high as in 2004.
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The newspaper did not say whether the alternative budget would lower the deficit to less than 2.4 percent but noted that a euro exit was not on the cards. UPDATE 1-Italian yields reverse early ...