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Top related persons:
Carlo Nordio - 1 Adolfo Urso - 1 Matteo Salvini - 1 Francesco Lollobrigida - 1 Orazio Schillaci - 1 Palazzo Chigi - 1 Sanpaolo - 1 Salvini - 1
Top related locs:
Italy Rome
Top related orgs:
Enterprise - 1 Transport - 1 Agriculture - 1 Health - 1 Palazzo - 1 Ministers - 1 BPER Banca - 1 Banco - 1

Search resuls for: "Palazzo Chigi"


2 mentions found


☆ Italian bank shares slide after government surprises with windfall tax
  + stars: | 2023-08-08 | by ( Elliot Smith | ) www.cnbc.com   time to read: +3 min
Italian banking shares took a beating on Tuesday morning after Italy's cabinet approved a 40% windfall tax on lenders' profits in 2023. As of around 9:45 a.m. in Rome, BPER Banca shares had plunged 8% and Intesa Sanpaolo was down 7%, while Banco BPM, UniCredit and Finecobank all dropped more than 6%. The one-off tax on extra profits will be equal to around 19% of banks' net profits for the year, analysts at Citi estimated based on currently available data. "We see this tax as substantially negative for banks given both the impact on capital and profit as well as for cost of equity of bank shares. Banks are required to pay the tax within six months after the end of the financial year.
Persons: Carlo Nordio, Adolfo Urso, Matteo Salvini, Francesco Lollobrigida, Orazio Schillaci, Palazzo Chigi, Sanpaolo, Salvini, Azzurra Guelfi, Banks Organizations: Enterprise, Transport, Agriculture, Health, Palazzo, Ministers, BPER Banca, Banco, European, Citi, Citi Equity Research, UCI Locations: Italy, Rome
☆ Row over Mussolini photo as Italy's Meloni readies for power
  + stars: | 2022-10-18 | by ( ) www.reuters.com   time to read: +3 min
Leader of Brothers of Italy party Giorgia Meloni attends the fourth voting session to elect the new speaker, at the lower house of parliament, in Rome, Italy, October 14, 2022. The Mussolini portrait will be taken down "to avoid polemics and manipulations," the industry ministry said in a statement. The statement noted that another picture of Mussolini hangs in Palazzo Chigi, the prime minister's office, along with portraits of other Italian heads of government. Earlier, former centre-left leader and industry minister Pier Luigi Bersani chafed at being hung alongside Italy's late dictator. The public sector chapter of the CGIL, Italy's largest trade union, was also outraged, condemning the "deplorable" display and calling for its immediate removal.
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