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The certification of Italian excellence reaches Spain

The Italian economics and finance newspaper Il Sole 24 Ore and the Italian Chamber of Commerce and Industry in Spain have recently signed a partnership agreement to promote ItalyX, a certification for Italian excellence in companies. The initiative aims to highlight and enhance the value of manufacturing companies representing Italian quality, helping certified companies access...

Updates on global financial markets

In spite of the downward trend of Asian stock markets, the Nikkei index continues on a positive note with a 0.96% increase thanks to acquisitions of Japanese technology, like Sony and Fujitec. On the other hand, Toyota’s car output decreased by 7% in the first semester of this year with respect to 2023, due among...

Aggiornamenti sul Concordato Preventivo Biennale

ll Concordato Preventivo Biennale (CPB) è uno strumento che stabilisce un accordo tra le piccole partite IVA (professionisti e piccole imprese) e il fisco  per «congelare» le tasse per gli anni 2024-2025. Introdotto dal decreto legislativo n.13 del febbraio 2024, esso permette di pagare una quantità fissa in base a un reddito futuro stimato in...

Italy cuts taxes on medium-income earners

The new Italian Budget Act was recently signed by the president of the Republic, Sergio Mattarella. Among the important measures that it includes, one has been widely commented on the Italian media: the reduction of the Italian tax wedge, which is among the highest in Europe. In sum, the threshold for tax benefits is raised...

Last developments on the race to the White House

The presidential campaign between Kamala Harris and Donald Trump has generally shown 50/50 support for both candidates on the polls. For example, while Atlas Intel showed a slight nation-wide advantage for Trump, two polls by the New York Times and Siena College Research institute showed Harris taking the lead in the swing state of Pennsylvania....

The power of “Made in Italy”: an overview to business in the Belpaese

Italy’s history as a unified state started in 1861, but its actual history began centuries earlier. Florentine poet Dante Alighieri already praised the virtues of the Belpaese (“beautiful country”) just before the Renaissance movement would turn cities such as Rome, Milan and Florence into the cradles of art and scientific inquiry that characterize Western civilization....

The ECB rate cuts have arrived

The Governing Council of the European Central bank announced yesterday 25 bp cut on interest rates. The rate on deposit thus goes down to 3.25%, while those on main and marginal operations reach 3.40% and 3.65% respectively, with the measure having effect from the 23rd of October. The decision was taken after a careful analysis...

Southern European growth boom

This year seems very promising for southern European economies: for the first time in years, Greece, Spain and Italy have positive growth prospects, especially in comparison to other European countries. In fact, while France is expecting 1.1% GDP growth for this year, Germany is expected to close this year with a negative growth of -0.2%,...

The strength of Italian exports – Made in Italy Summit 2024

Despite the adverse international context, Italian exports resist, giving an important boost to the Italian economy. This is the opinion of Matteo Zoppas, president of the Agency for the Internationalization of Italian firms, at the last Made in Italy Summit 2024, an event organized by Il Sole 24 Ore along with SkyTg24 and the Financial...

New Moody’s report highlights persistent problems in the European car industry

The famous credit rating agency, Moody’s, published a new report that reasserts the negative performance suffered by different European car manufacturers like Volkswagen, Stellantis, and BMW for this year. Low estimates for sales, profitability and cash-flow characterize the outlook for the whole 2024. According to the rating agency, a return to positive performance could be...

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