Bologna, a city at 30 km/h, celebrates six record-breaking months. The environment improves, accidents decrease
The first balance of speed limits is positive for citizens and the return on investments
Venezuela, how much Maduro's victory weighs: debt restructuring is moving away and bonds are collapsing
Doubts about Maduro's victory in Venezuela make the markets fear that there will be further sanctions from the USA and a new postponement of the restructuring of a colossal foreign debt. Sovereign bonds maturing in 2034 have…
Waste, a new EU infringement against Italy: it is now a hidden tax paid by taxpayers
The EU denies the data released in Italy on separate waste collection. The country has not implemented the new directives and now has two months to respond
Banks, exposure to Russia drops but the risk of sanctions remains: the Raiffeisen, Unicredit and Otp cases
The analysis by Morningstar Dbrs, a US rating agency, which does not say it is particularly concerned about financial risks, but still sees some banks as highly vulnerable to legal, regulatory and even reputational risks linked to exposure to a sanctioned country
Cryptocurrencies, the new decree in the CDM: the clampdown arrives with more severe rules and penalties. Fines of up to 5 million euros
Consob, Bankitalia and Ivass will coordinate in monitoring any misconduct. Financial penalties can reach 5 million, criminal penalties can reach up to 4 years in prison
Raiffeisen, the authorities' appeals are not enough: the Austrian bank increases its business in Russia
Russia considers the Austrian bank "of strategic importance" for its economy. Raiffeisen tripled its profits compared to 2021. The Economist report
Unicredit and Russian sanctions: the first sentence overturned, the English Court of Appeal agrees with the bank
Point in favor of Unicredit in the context of a tangled legal dossier. The stock is in sharp decline on the stock market, like all banking stocks, weighed down by the Le Pen nightmare
VAT numbers, new sanctions and order in tax credits. Changes to the agreement: here are the news
The reform, in force from September 2024, will be contained in the legislative decree on sanctions to be examined by the Council of Ministers for the green light on Monday 20 May. Here's what we know
No Russia: the EU tightens due diligence for exports
Now exporting companies have the obligation to ensure non-re-export of high-value goods and technologies to Russia. We want to target elusive practices, even unconscious ones
Venezuela: the Supreme Court stops the opposition candidate, US sanctions return
The South American country cannot find peace: after Maduro's intention to annex Guyana (this is precisely the case in recent days to avoid conflict), justice has now ousted Maria Corina Machado from the next elections. Washington's reaction is harsh
Policies combined with mortgages: TAR cancels maximum fines for three banks but confirms that for Unicredit
The Lazio Regional Administrative Court has canceled the sanctions imposed on Intesa Sanpaolo, Ubi Banca and Bnl for aggressive commercial practices. Unicredit was the only bank to which the fine of 4,75 million was confirmed
Stop Russian diamonds: the EU hits the mining giant Alrosa and tightens the circle on Putin's exports
Brussels aims to tighten loopholes that allowed Putin to mitigate losses in oil exports – Here's what's happening and how it could impact the global diamond industry
Public accounts: Italy pays over a billion euros in fines for breaking EU rules
There are around eighty infringement procedures open. They range from the environment to state aid. And others appear on the horizon, including the one on seaside resorts. Instead of paying fines, problems could be solved upstream
Road fines: revenue boom 2022. Milan at the top, Florence queen of speed cameras. In Naples few pay
In 2022, the collections of fines grew by 37%, reaching 547 million euros. Milan and Rome are the cities with the most receipts. In Florence the highest average cost and the record for fines for speed cameras. In Naples…
Superbonus: the transfer of tax credits will be extended beyond March 31 with a fine of 250 euros
Incoming decree with new corrections to the Superbonus rules. The extension for single-family houses seems increasingly safe.
D'Amico International Shipping against the tide: wars and financial storms do not stop its boom. The CFO speaks
INTERVIEW WITH CARLOS DI MOTTOLA, chief financial officer of d'Amico International Shipping - The Italian multinational shipping company has just announced its best balance sheet ever and in the last year it has registered a 400% increase in the stock market…
Abramovich: at least 4 billion of assets transferred to children to avoid sanctions
A Guardian investigation revealed that the Russian oligarch allegedly transferred ownership of 10 offshore funds to his sons three weeks before the Russian invasion of Ukraine
Russian oil, Italian petrol: this is how Lukoil circumvents the sanctions in Sicily and manages to sell in the USA
In Priolo, in the province of Syracuse, Russian gas circumvents the sanctions. On December 5, the embargo on Russian crude oil is triggered in Europe. Meloni government in action to safeguard employees
Sanctions yes, sanctions no: the debate on Russia takes us back to the time of the Nobel Peace Prize 1933-1934
The hesitations on sanctions against Russia which invaded the Ukraine revive the history of the Nobel Peace Prize 1933-34 and the ambiguities of that time. Here is what the historian Giuliano Procaccii wrote
Salvini splits the center-right on anti-Putin sanctions: "They are a mistake", but Meloni and Fi distance themselves
At the Ambrosetti Forum in Cernobbio, Salvini breaks the delay and openly criticizes the anti-Putin sanctions but Meloni and Tajani do not follow him
Russian economy: Western sanctions are hurting Moscow according to CPI Observatory analysis
Regardless of Moscow's official story, Western sanctions are weakening the Russian economy, but how? The analysis of the Public Accounts Observatory led by Carlo Cottarelli
Russia, the Central Bank admits: "The sanctions affect the economy". But Putin replies: "They will fail"
Governor of the Central Bank of Moscow: "We will not try to lower inflation at any cost" - Putin: "The goals of the sanctions will not be achieved"
Sanctions also on gas and oil: the European Parliament is asking to extend the embargo against Russia
The move would be at high risk for Europe, but the resolution was adopted by a large majority - Meanwhile, tomorrow Von der Leyen meets Zelensky
Stock markets in sharp fall and spreads up for 3 reasons: the tightening of the Fed, the war and the sanctions, the Covid in China
Stock exchanges in sharp decline with Piazza Affari losing 2%. But the sales also invest government bonds and the yields of BTPs run: the spread is close to 170
The Fed accelerates: soon higher rates and less liquidity. The stock markets are shaking and the spread runs
The Federal Reserve shakes the stock markets: it will soon raise rates and reduce liquidity - the EU and the US are preparing new sanctions against Moscow, while Putin reacts with the battle for wheat
Bags in plaster awaiting the new sanctions in Moscow. In Milan Ferrari overtakes Leonardo, Tim down
Bags waiting but there is a flicker of Moncler calling Sharapova to the board. Tim slows down: Opa Kkr moves away. Enel relaunches renewables and invests in the regasification terminal
Anti-Putin sanctions: the EU is preparing a new squeeze after Bucha, but the Russian gas node remains
The EU is thinking of new sanctions after the Bucha massacre and Germany opens the embargo on Russian gas, which however risks pushing Europe towards rationing and recession
Abramovich to sell Chelsea for 3 billion? Here's the latest on the Russian billionaire's big coup
Abramovich to sell Chelsea despite sanctions? Times are tightening and the Swiss-American consortium formed by Boehly and Wyss are in pole position - Here's everything you need to know
US anti-Iran sanctions, what consequences for Europe?
FOCUS ISPI - The second round of US sanctions against Iran comes into force on November 5, a consequence of the Trump administration's decision to withdraw from the nuclear deal - What are the repercussions on European economies? What are the implications for Iran and for…
Russia: growth is back, but sanctions are holding it back
The rebound of the Russian economy continues, also thanks to the stability of debt, deficit and currency reserves. But, without a profound reform of the productive structure that has been missing for too long, economic growth will not manifest its potential due to…
China-EU: new development pact or truce in the face of US sanctions?
China-EU: is a new development pact born or is it just a truce in the face of US sanctions? The ISPI analysis underlines the ambivalence of the relationship between the two actors. On the one hand, the latest summit represents a step forward in collaboration on security, trade and infrastructure, and the environment. On the other hand, Beijing seems to want to propose itself as an alternative model of…
New sanctions for Russia and Iran: what effects in Italy?
If in Russia, where growth is estimated at between 1,5-1,8%, the sanctions have strengthened the role of banks and state enterprises with repercussions on SMEs and the middle class, in Iran the economic risks of the sanctions affect first of all…
Banca Etruria, Florence court: "Consob knew everything"
The Court of Appeal of Florence blames Consob of Vegas on the Etruria crack and cancels the sanctions on the former directors of the bank for alleged lack of information in the prospectus linked to the 2013 capital increase
Amazon without authorizations on postal activities, Agcom sanctions
After the investigation opened in March which challenged Amazon for operating without the necessary authorizations, the Agcom sanction arrived.
The EU ignores Conte and extends sanctions to Russia
The sanctions against Moscow for the annexation of Crimea are extended until 23 June 2019 despite Italy wanting to overhaul the system, opening up to Russia - The EU continues with the hard line
Stock markets less volatile but poised between profits and inflation
From "THE RED AND THE BLACK" by ALESSANDRO FUGNOLI, Kairos strategist - "Stock markets are pushed upwards by earnings, especially in America, but held back by the reacceleration of inflation expectations, due to oil in recent days" - …
Privacy defense: criminal or administrative sanctions?
A public debate promoted yesterday in Rome by Assonime ignited a lively debate on the best way to defend privacy after the recent scandals that have shocked public opinion especially in the US and in view of the entry into force of the new…
Amazon-Fisco, agreement reached: it will pay 100 million euros
After Google and Apple, the control policy of the Revenue Agency also affects Jeff Bezos' company. This concludes the tax disputes relating to the period 2011-2015
Apple, agreement with Ireland on tax evasion
In August 2016, the EU accused Apple of failing to pay 13 billion euros in taxes. The agreement provides for the establishment of a guarantee fund. For the official lack of the decision of the European Court
Amazon towards EU maxi-fine, Ireland in the spotlight for Apple
The American e-commerce giant would in fact have been sentenced to return illegitimate state aid to Luxembourg due to a controversial tax agreement for 250 million euros. In the meantime, Amazon is thinking about the appeal, the Luxembourg Government announces…
China: central bank blocks loans to Koreans
China's central bank has asked national banks to fully implement UN sanctions against North Korea in a document, warning of economic and reputational risks in the event of…
Pop Vicenza, what a sting: fine of 11,2 million by the ECB
The Venetian Bank fined for having violated the EU requirements relating to the publication of financial statement data in the fourth quarter of 2014 and in the first quarter of 2015. A further fine was then imposed for "violating the broad exposure limits between…
Fiscal visits 2017, civil servants: the new INPS rules in 5 points
From 1 September 2017, the burden of supervising civil servants absent from the workplace due to illness will fall to INPS, which promises open war against the clever and strict checks - Here's what changes with the new single pole, what are the new…
Russia, EU extends sanctions
The European Council decided unanimously - From Moscow, Foreign Minister Meshkov expressed "regret", but then attacked: "The aggressive minority reigns in the European Union"
Radiators: the X day of the valves and the incoming fines
Since January, those who have not installed the new thermovalves risk fines ranging from 500 to 2.500 euros - There is the danger of a real sting, because there are so many condominiums that are not yet in order - The extension is impossible, but the…
Russia sanctions, Coldiretti: "Lost 10 billion"
Made in Italy exports to Russia have now been at a minimum for at least a decade
Russia, EU: another 6 months of sanctions
Measures extended until July 2017 - Sanctions were passed for the annexation of Crimea and the destabilization of Donbass - Moscow: "This reduces our dependence on the EU"
Ukraine: "EU and Italy, do not give in on sanctions against Russia"
Press conference of the Ukrainian ambassador in Rome, Yevhen Perelygin on the eve of the verification of the Minsk agreement - Numerous topics were covered: from the EU/Ukraine and Italy/Ukraine relationship to the socio-economic situation in Ukraine and the Minsk agreements - The ambassador Perelygin exhorts Italy and…
The oil trend in Russian roulette
The ruble has rebounded 25% from its lows in January and the IMF's recent mission to Moscow has boosted expectations of a further recovery in the Russian economy as interest and portfolio flows on bond issues grow…