Italy is unlikely to
emerge unscathed from a raft of reviews of its sovereign debt
over the next month, analysts say, but the prevailing view is
that the ratings agencies will worsen Rome s outlook.
Italian debt in the spotlight as ratings reviews loom kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
The European Central Bank (ECB) is preparing to send a letter to Italy raising objections about the government's windfall tax on banks' profits, the Corriere della Sera daily wrote on Friday. The letter will criticize the fact Rome announced the tax last week without previously informing either the Bank of Italy or the ECB as it is supposed to do under EU rules, the newspaper wrote, without citing sources. The tax risks weakening Italy's banks and its economy in general, the ECB will say in the letter to be sent within "a couple of weeks" at the latest, the article said.
ROME (Reuters) - The European Central Bank (ECB) is preparing to send a letter to Italy raising objections about the government's windfall tax on banks'
The European Central Bank is preparing to send a letter to Italy raising objections about the government s windfall tax on banks profits, the Corriere della Sera daily wrote on Friday..