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Top related persons:
Finance Giancarlo Giorgetti - 2 Bank of Italy Fabio Panetta - 1 European Central Bank Christine Lagarde - 1 Janet Yellen - 1 Yellen - 1 KAZUHIRO - 1 Giancarlo Giorgetti - 1 Giorgetti - 1
Top related locs:
Italy Stresa Ukraine Niigata Cernobbio
Top related orgs:
Economy - 2 Finance - 2 Bank of Italy - 1 Italy's - 1 European Central Bank - 1 Ukraine - 1 Treasury - 1 Sky News - 1

Search resuls for: "Finance Giancarlo Giorgetti"


3 mentions found


☆ Ukraine war live updates: Russia cannot swallow the West whole, Orban says; G7 finance chiefs meet with Ukraine on agenda
  + stars: | 2024-05-24 | by ( Natasha Turak | ) www.cnbc.com   time to read: +1 min
Governor of the Bank of Italy Fabio Panetta (L), Italy's Minister of Economy and Finance Giancarlo Giorgetti (R) and President of the European Central Bank Christine Lagarde pose on the sidelines of the G7 Finance Ministers meeting in Stresa on May 24, 2024. Earlier this week, U.S. Treasury Secretary Janet Yellen told Sky News she saw the "possibility" that G7 nations could assist Ukraine with as much as $50 billion in loans linked to frozen Russian assets. "The Russian assets are not earning interest anymore, but they are generating returns for Euroclear. That alone could be given to Ukraine that would be repaid over several years by that flow of interest," Yellen added. It remains to be seen whether G7 nations can strike consensus on such a loan and what final sum will be extended to support Kyiv's military effort.
Persons: Bank of Italy Fabio Panetta, Finance Giancarlo Giorgetti, European Central Bank Christine Lagarde, Janet Yellen, Yellen Organizations: Bank of Italy, Italy's, Economy, Finance, European Central Bank, Ukraine, Treasury, Sky News, Euroclear Locations: Stresa, Italy, Ukraine
☆ Italy's windfall tax on banks can be improved on, economy minister says
  + stars: | 2023-09-03 | by ( Giselda Vagnoni Giancarlo Navach | Giselda Vagnoni | Giancarlo Navach | ) www.reuters.com   time to read: +3 min
FILE PHOTO-Italy's Minister of Economy and Finance Giancarlo Giorgetti delivers a speech at the G7 High-Level Corporate Governance Roundtable in Niigata on May 11, 2023. "It may be that the tax is inappropriate, it can certainly be improved upon ... but I do not accept that it is considered an unfair tax," Giorgetti said at The European House - Ambrosetti economic forum. Bank shares tumbled before the economy ministry clarified that the new tax would amount to no more than 0.1% of their total assets. Forza Italia is also seeking an exemption for small banks and wants a guarantee the levy will not be extended beyond 2023. Giorgetti did not comment on his government ally's proposals on the bank tax.
Persons: Finance Giancarlo Giorgetti, KAZUHIRO, Giancarlo Giorgetti, Giorgetti, Antonio Tajani, Siena, Giselda Vagnoni, Giancarlo Navach, Hugh Lawson, David Evans Organizations: Economy, Finance, Bank, League, Forza Italia, Monte, Thomson Locations: Niigata, Italy, Cernobbio
☆ Yellen to seek clarity from China on COVID, property -officials
  + stars: | 2022-11-13 | by ( David Lawder | ) www.reuters.com   time to read: +2 min
NUSA DUA, Indonesia, Nov 13 (Reuters) - U.S. Treasury Secretary Janet Yellen will seek clarity on China's plans to ease its COVID-19 restrictions and deal with problems in its property sector when she meets on Monday with China's central bank chief, Treasury officials said on Sunday. Yellen is prepared to discuss with Peoples Bank of China Governor Yi Gang the outlook for U.S. inflation and growth, but will likely leave monetary policy plans to the Federal Reserve, the officials said. The Treasury officials said they do not plan to offer advice to China on its COVID restrictions or its property sector woes, but to understand Chinese officials' approach so they can better interpret the impact of policy changes. Yellen also will also meet with French Finance Minister Bruno Le Maire and new Italian Minister of Economy and Finance Giancarlo Giorgetti. Yellen also will urge her European counterparts to keep up strong fiscal support for Ukraine in a transparent and predictable way, the officials said.
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