windfall tax archivos

Italian bank stocks regain value following windfall tax clarification

August 9, 2023September 12, 2023Deborah CaterLeave a Comment

Italy’s bank stocks regained much of the value they lost on Tuesday after clarification from the government. The 40% windfall tax will be capped at 0.1% of an institutes’ assets.

A grid of four Italian banks, which have been hit by a surpprise windfall tax by the government

Windfall tax sends bank shares plummeting

August 8, 2023August 8, 2023Deborah CaterLeave a Comment

The share prices of Italian banks plummeted on Tuesday after the government announced on Monday that it was imposing a 40% windfall tax on lenders’ surplus profits.