Business news from Italy: archives - Page 25 of 36

Flags of Italy and China representing the Silk Road initiative which Italy pulled out of this week.

China responds to Italy leaving Silk Road initiative

December 7, 2023December 7, 2023Deborah CaterLeave a Comment

“The ‘Silk Road’ is a successful initiative and the world’s biggest platform for cooperation betweencountries,” said Chinese Foreign Ministry spokesman Wang Wenbin on Thursday.

Confindustria President Carlo Bonomi says 2024 budget bill is reasonable

2024 budget bill “reasonable” says Confindustria chief

November 13, 2023November 13, 2023Deborah CaterLeave a Comment

Confindustria President commented on the government’s 2024 budget bill, deeming it “reasonable” in its focus on aiding low-wage earners. However, he criticised its incompleteness, whilst the Audit Court called it narrow.

Booking.com pays Italian treasury €94million

November 10, 2023November 10, 2023Deborah CaterLeave a Comment

Booking.com Bv, a company based in the Netherlands, settled a tax dispute by paying €94million to the treasury through a membership procedure with the Revenue Agency. The resolution addressed the failure to submit VAT declarations for the years 2013 to 2021, preventing potential seizure.

Italy to seize €779million from Airbnb for tax evasion

November 7, 2023November 7, 2023Deborah CaterLeave a Comment

Italian tax authorities are moving to seize approximately €779 million from Airbnb due to allegations of unpaid taxes owed by landlords using the platform. This development highlights the increased scrutiny surrounding short-term rentals in major cities across Europe and the United States.

Italy to host AI conference during G7 Presidency

November 2, 2023November 2, 2023Deborah CaterLeave a Comment

Prime Minister Giorgia Meloni announced Italy will host a significant AI conference during its presidency of the G7 next year. She made this announcement while addressing the AI Safety Summit at Bletchley Park, UK, on Thursday.

Italy gdp projections downgraded by Confindustria

Confindustria downgrades GDP growth projections

October 28, 2023October 28, 2023Deborah CaterLeave a Comment

The Confindustria research centre has downgraded its GDP growth projections following the tumultuous economic ride of the past three years. The organisations cautions the Italian economy is once again edging towards the modest growth rates that characterised it in previous decades.

EDPS makes recommendations on European Ai Law. Image shows a representation of AI

European AI Law – EDPS makes recommendations

October 25, 2023October 25, 2023Deborah CaterLeave a Comment

The European Data Protection Supervisor (EDPS) has put forward several key recommendations in its self-initiated opinion on the new European AI law. This proposed regulation, currently in its final stages, sets out a comprehensive framework for governing the development and utilisation of AI systems within the European Union.

Italy Receives Third Instalment of NRRP

October 9, 2023October 9, 2023Deborah CaterLeave a Comment

On Monday, European Commission spokeswoman Veerle Nuyts confirmed Italy has received the third instalment of NRRP European Union funding.

Italy’s Leading Trade Union Calls for Citizens’ Rights

October 8, 2023October 8, 2023Deborah CaterLeave a Comment

Maurizio Landini, the head of Italy’s prominent trade union confederation CGIL, delivered a passionate call to action during a demonstration held in central Rome’s Piazza San Giovanni. The event, organised by a coalition of associations, opposition parties, and unions, drew an estimated crowd of 200,000 attendees.

NRRP on course following Italy’s revision of the plan

September 19, 2023September 19, 2023Deborah CaterLeave a Comment

The third instalment of Italy’s post-COVID EU-funded National Recovery and Resilience Plan (NRRP) will be disbursed soon, on time, a European Commission spokesperson said Tuesday.