Italy’s government approved a measure on Wednesday that doubles to 200,000 euros ($218,220) per year a “flat tax” applied on income earned abroad by wealthy individuals who transfer their tax residence to the country.
— Read on www.reuters.com/world/europe/italy-doubles-flat-tax-rich-who-move-fiscal-residence-country-2024-08-07/
Tag: Italy
Italy Debt Rating Raised at Fitch on Robust Economic Outlook
(Bloomberg) — Italy’s credit rating received its first upgrade in four years on Friday, in a sign of confidence in Prime Minister Mario Draghi’s policies that helped the nation’s economy grow faster than the European average.Most Read from BloombergThe Hot New Trend For Hedge Funds Is—Finally—Female FoundersAutomating the War on Noise Pollution‘Ghost Signs’ Haunt London’s Reviving NeighborhoodsFitch Ratings raised Italy one notch to “BBB” with a stable outlook, citing high Covid-19 vaccination
— Read on ca.finance.yahoo.com/news/italy-debt-rating-raised-fitch-224430780.html
Italy Bets on Spending to Grow Out of Its Crippling Debt
(Bloomberg) — Italy plans to dramatically expand public investment, focusing on boosting growth rather than reining in debt as the government plots its way out of the worst recession in a century.State investment will rise above 3% of gross domestic product over the next four years from 2.3% in 2019
— Read on ca.finance.yahoo.com/news/italy-bets-public-spending-grow-170805212.html
Italian Bonds Slide After Fitch’s Out-of-Cycle Downgrade
(Bloomberg) — Italian sovereign bonds fell after Fitch Ratings downgraded the nation’s rating by a notch to BBB-, just one level above junk.Yields on 10-year bonds jumped 10 basis points to 1.82%, erasing much of this week’s decline following a decision by S&P Global Ratings to keep the nation’s credit
— Read on ca.finance.yahoo.com/news/italian-bonds-edge-fitch-cycle-021414054.html
Italy’s Rising Reputation With Investors May Get Ratings Boost
(Bloomberg) — S&P Global Ratings is set to issue its first major statement on Italy’s finances since the country’s fledgling coalition government took power, in what could provide a further boon to its sovereign debt.Italian bonds are the best performers in the euro area this year, with a 13% return
— Read on ca.finance.yahoo.com/news/italy-rising-reputation-investors-may-040000294.html
Mario Draghi’s Last Salvo of Stimulus Is Under Threat
(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Mario Draghi’s bid to reactivate bond purchases in a final salvo of stimulus is being threatened by the biggest pushback on policy ever seen during his eight-year reign as European Central
— Read on ca.finance.yahoo.com/news/mario-draghi-last-salvo-stimulus-040010201.html
Italian Political Crisis Elicits a Shrug From Bond Market – Bloomberg
Political upheaval in Italy is passing almost unremarked. Plus, the worrisome signals beyond the yield curve.
— Read on www.bloomberg.com/opinion/articles/2019-08-21/italian-political-crisis-elicits-a-shrug-from-bond-market
Italy’s return to political chaos leaves investors in wait-and-see mode
A furious global hunt for yield has helped to spark a significant repricing of fixed-income markets.
— Read on www.cnbc.com/2019/08/20/italys-return-to-political-chaos-leaves-investors-in-wait-and-see-mode.html
Fitch Spares Italy From Downgrade Amid Fresh Political Crisis – Bloomberg
Fitch Ratings affirmed Italy’s credit rating Friday, giving the country a respite as it plunges into a new phase of political instability and probably early elections.
— Read on www.bloomberg.com/news/articles/2019-08-09/fitch-spares-italy-from-downgrade-amid-fresh-political-crisis
Milan Real Estate Prices Surge as Billionaires, Funds Buy In
(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Real estate investors from Azerbaijan’s sovereign wealth fund to Blackstone Group Inc. and UBS Group AG are cashing in on a surge in demand for prime Milan offices that’s pushing prices to new
— Read on ca.finance.yahoo.com/news/milan-real-estate-prices-surge-083323513.html