Italy's economic slowdown in 2023 also affected immigrants' remittances to foreign countries, which, according to Bank of Italy tables, decreased by 0.4% after the previous year's growth. In detail, foreign citizens sent 8. (ANSA)
(Bloomberg) Italy will allow ION Group’s acquisition of asset manager Prelios SpA to go ahead with some conditions, according to people familiar with the matter.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapThese Are the Best Countries for Wealthy ExpatsBond Investors Are Lining Up to Fund the War Against PutinFollowing an in-depth review, Prime Minister Giorgia Meloni’s cabinet decided Mond
Italy's public debt stood at 2,862.8 billion euros on December 31, 2023, the Bank of Italy said on Thursday. That is 105.3 billion euros higher than the total at the end of 2022, when the debt was 2,757.5 billion, 141.7% of GDP. (ANSA). (ANSA)
Interest rates on new household mortgages fell to 4.82% in December 2023 from the peak of 4.92% the previous month, the Bank of Italy said on Friday. In the same period rates on loans to businesses also fell to 5.46% from 5.59%. (ANSA)
(Bloomberg) Prime Minister Giorgia Meloni is increasingly counting on the same people who propelled her to power to keep Italy solvent: its citizens.Most Read from BloombergTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneHouse Passes $78 Billion Business, Child Tax Break BillS&P 500 Has Its Worst Fed-Decision Day Since March: Markets WrapByron Allen’s Latest Takeover Bid: Paramount for $14 Billion