Nearly 10.5 million poo...

Nearly 10.5 million citizens were poor in Italy in 2013, which mean that more than 16% of the population, increasing their number in relation to the previous year, announced the National Institute of Statistics (Istat). In 2013, 16.6% of the population was in a state of relative poverty,...

Tax and deduction reduc...

The Italian Prime, Matteo Renzi, after the completion of the government’s cabinet, confirmed that from May will start the reduce of deductions and taxes, eighty euros per month for workers who earn up to 26,000 euros per year. This measurement will apply for the next years, said the...

Spain and Italy refinan...

Spain and Italy show ready to seize the opportunity to lengthen their debt coming this way from the dangerous spiral of refinancing short term bonds. Both countries have announced that they intend to sell long term bonds by exploiting investor appetite for high yield bonds to refinance...

Italy and Spain receive...

The Commission draws attention to Italy and Spain for the risk of failing the objectives and today sent a warning on its debt in Italy and the deficit by 2014 in Spain. The draft budget for 2014 of each of these two countries risk of failing to conform to the rules of the European...

Sting stamp duty in Ita...

The new year in Italy started with bad news as bad news for 2012 were not enough. With 2013 comes a new blow, already included in the decree so-called “Save Italy” voted more than a year ago, the stamp duty on the accounts and postal changes from 0.10 to 0.15%, or 50% increase...