Economics

The EU legislation aims to prevent discrimination, massive surveillance and creative manipulation through artificial intelligence. The urgency to regulate artificial intelligence is motivated by the risks of abuse that could threaten democratic regimes and civil life. Despite the success of the agreement, doubts and veiled resentments remain regarding the lack of regulation of virtual assistants already widely used as

by Editorial Staff Stability and Growth Pact, gray smoke in Brussels, countries remain entrenched in their positions. Glimmers of light for Italy's requests for a recovery plan with the EU Commission which could be extended to 7 years in the event of reforms and investments. Early in the morning after an eight-hour long meeting,

by Editorial Staff Initially the British authority intervened, followed by the European Union Antitrust, in a more informal way, and finally the Federal Trade Commission of the United States. These three market regulators are putting OpenAI and Microsoft under the microscope. The British Competition and Markets Authority (CMA) was the first to take a position, announcing the

by Francesco Matera The final stretch of every negotiation is always the most difficult, as it inevitably involves the need to give in on some positions. The final phase of the negotiations on the reform of the Stability and Growth Pact was entrusted to the financial ministers of the 27 countries of the European Union, gathered during a dinner at the end

ENIT at ILTM in Cannes presents an exclusive Italy of elegance, charm and lifestyle. By 2025, luxury tourism will grow more than any other type of tourism. Italy, the exclusive destination par excellence. This is one of the main results of the Enit study carried out by Unioncamere with the technical support of Isnart (October 2023). Beyond

Banks contribute to the initiatives of development financial institutions, providing support in achieving sustainable development objectives. To promote growth and innovation for the benefit of territories and their communities, banks play an important role in the transmission of financing promoted by development banks towards citizens and businesses. A

Between pensions, salaries, intermediate consumption, healthcare, assistance, etc., every year our country records public spending more than five times higher than the PNRR; in 2023, state expenditure will exceed, in absolute terms, one thousand billion euros, but, unlike the PNRR - which between 2021 and mid-2026

by Editorial Staff Last November 29, during a press conference, the Italian company Apogeo Space announced the release of the first batch of nine nano-satellites (ten by ten centimeters, three thick), successfully launched with SpaceX, the 11 November. The satellites constitute the first private Italian constellation dedicated to telecommunications for the Internet of

Germany recently approved its budget, thus starting, as far as the Defense sector is concerned, the technological upgrade of 15 Eurofighters. Airbus itself confirmed the news by announcing the upgrade of its fighter aircraft to electronic warfare. The aircraft will therefore be equipped with an advanced localization and self-protection system for

Following the Energy Decree approved yesterday by the Council of Ministers, FederPetroli Italia says it is satisfied with the initial unblocking and acceleration of the projects concerning the new regasifiers in our country, in particular Porto Empedocle and Gioia Tauro, which will be connected to the new returning gas pipelines in REPowerEU, as well as the strengthening of Italian energy in the strategic area

Resources to deal with increased energy and material prices The Ministry of Economy and Finance announces that over 100 million euros from the non-deferrable works fund have been definitively allocated for interventions in the health and education sectors envisaged by the PNRR and the National Plan for complementary investments in order to cope with the increase in prices

Minister Giorgetti thus presented the Italian proposal to Ecofin, reiterated at the International Tourism Forum: “When they say we shouldn't have a deficit, we shouldn't have debt. No, you don't have to go into debt. If those before made mistakes, we must not make mistakes. The problem is not so much flexibility or rigid rules, but inserting realism

ABI, Intesa SanPaolo and the trade unions (FABI, First CISL, Fisac ​​CIGL, UILCA, Unisin) have reached an agreement on the renewal of the National Collective Labor Agreement in the credit sector, which extends its validity until March 2026. The agreement was reached after long negotiations and intense discussions between all parties, a

Saipem and Plenitude sign an agreement for the installation of a photovoltaic system that will be able to satisfy almost entirely the energy needs of the Saipem headquarters in Fano Plenitude (Eni) and Saipem have signed an agreement for the installation at the Saipem headquarters in Fano, in the province of Pesaro Urbino, of a photovoltaic system of approximately 1 MWp. There

Professional mechanics and motor enthusiasts must have a large number of different wrenches in their workshops and garages, so that they can work comfortably on the various fasteners used in vehicles. Today we focus our attention on a very particular type of profile: the Torx, which is encountered

US Presidential Special Envoy for Climate John Kerry today visited Commonwealth Fusion Systems (CFS) headquarters in Devens, Massachusetts, near Boston, along with CFS CEO Bob Mumgaard and CEO of Eni, Claudio Descalzi. CFS, a spin-off of the Massachusetts Institute of Technology (MIT), is working towards the commercialization of

If at a national level the ratio is now one to one, in the South, however, the overtaking has already occurred; we are talking about the comparison between the number of pensions paid and that of those employed. If in Italy the former is equal to 22.772.000 and the latter amounts to 23.099.000, in the regions of the South and

INPS has completed the activities aimed at guaranteeing, on the December 2023 pension instalment, the payment of the balance relating to the definitive revaluation for the year 2023, which article 1 of the legislative decree of 18 October 2023, n. 145, advanced to the last payment of the current year. The definitive percentage change calculated by Istat for the year 2022, to be used for the purposes of

Increased the number of shares offered. Leonardo SpA (“Leonardo”) announced today the price of the public offering in the United States by Leonardo US Holding, LLC (the “Selling Shareholder”), a company controlled by Leonardo, of a minority stake equal to 18.000.000 ordinary shares of Leonardo DRS, Inc. (“DRS”), at an offer price equal to

Eni purchased in the period between 6 and 10 November 2023 on Euronext Milan n. 5.280.046 own shares (equal to 0,16% of the share capital), at the weighted average price of 15,0854 euros per share, for a total value of 79.651.811,90 euros, as part of the second tranche of the buyback approved by the Assembly on 10 May

Highlight the commitment of the Italian banking world to sustainability and report on the activities carried out in this regard. It is with this objective that the Italian Banking Association, as a member of the United Nations Global Compact, publishes the new Declaration of Commitment (Communication on Engagement - COE) in favor of the development of an inclusive economic model attentive to

Thanks to the Municipalities' fight against tax evasion/avoidance, 2022 million euros were recovered in 6, practically 0,007 percent of the 90 billion euros that tax violators unduly withhold every year. In 2023, in fact, the central State disbursed half, just over 3 million euros, to the municipal administrations,

In the third quarter of 2023, 97.145 new VAT numbers were opened, an increase of 2,8% compared to the corresponding period last year. This is what emerges from the update of the data of the Observatory on VAT numbers published by the Ministry of Economy and Finance, which shows that 49,2% of new openings are located in the North, the

A Space Smart Factory will be created on the outskirts of Rome in the Tiburtino Tecnopolo, thus marking an absolute novelty in the European panorama of the smart factory sector. The plant, operational from 2025, will specialize in the creation of small satellites. Over 100 million euros will be foreseen in an investment plan by Thales Alenia Space (joint venture

In the year 2022, the non-agricultural private sector companies that were active are 1.669.941; compared to 2021, an increase of approximately 1,26% is observed. At a regional level, the greatest increase occurs in the Molise region (1,74%) and Abruzzo (1,74%), followed by Sardinia (1,73%). The regions that recorded the smallest increase were Friuli-Venezia Giulia

The Hera Group, through its subsidiary Herambiente, and Leonardo, through the Aerostructures Division, will collaborate in the study of the recovery of carbon fibers contained in polymer matrix composite materials used for the construction of aircraft parts. Thanks to the innovative plant created in Emilia-Romagna by the multi-utility and the know-how developed in the laboratories of the Leonardo group, the

Eni and Saipem have signed an agreement for the development of biorefining. The agreement, signed today by Eni's Energy Evolution General Director, Giuseppe Ricci, and Saipem's CEO, Alessandro Puliti, supports the transformation path of traditional refineries and the development of new Eni biorefineries. The agreement, in line with the decarbonisation objectives of

How to suspend mortgage payments, which mortgages it applies to, the procedure for accessing the measure, what's new. The in-depth analysis developed by ABI, the Italian Banking Association, with the banks and consumer associations participating in the Simple Transparency project is dedicated to the Solidarity Fund for mortgages for the purchase of the first home. In scope

The ABI reports that the data just published by the European Central Bank indicates that in 2023 in Italy the amount of renegotiated mortgages increased significantly (extensions, changes from variable to fixed, revision of the interest rate), to mitigate the impacts of the increase in interest rates on the amount of variable rate mortgage installments. In fact, in the top nine

Bergamo, Varese, La Spezia and Lecco are the provinces where the credit crunch for very small companies has been felt most. It is now a credit crunch: in the last year in which the data are available (August 2023 compared to the same month in 2022), live bank loans to Italian companies decreased by 7,7 percent. In

The data takes into account the collection of the third PNRR installment. The Ministry of Economy and Finance announces that in October 2023 the balance of the state sector closed, provisionally, with a requirement of 4,5 billion euros. In October 2022 it closed with a requirement of 11,1 billion.

Eni has decided to adopt a plan of extraordinary interventions for a total amount of approximately 85 million euros to support the approximately 20 thousand non-managerial employees of the group in Italy in the current economic situation. In particular, among the measures introduced, with the competences of the month of November 2023 it will be paid

To the minimum wage by law, the CGIA invites the application of second level bargaining, the cut of Irpef and the renewal of contracts within the deadline. As in many European countries, even in Italy the wage differences at territorial level are important . In 2021, for example, the average annual gross salary of employed Italian employees

Support and strengthen knowledge of the main public instrument aimed at encouraging families to purchase their main home. The in-depth study developed by ABI, the Italian Banking Association, with banks and consumer associations as part of the Simple Transparency project is dedicated to the Guarantee Fund for first home mortgages. In order to illustrate the main ones

A Memorandum Of Understanding signed to define initiatives and developments linked to systems, including underwater drones, for the protection of critical underwater infrastructures Fincantieri and Leonardo strengthen their collaboration with the signing of a Memorandum of Understanding in the underwater domain, with the aim of putting a common factor is their respective skills and abilities in the sector.

Eni purchased in the period between 16 and 20 October 2023 on Euronext Milan n. 4.018.086 treasury shares (equal to 0,12% of the share capital), at the weighted average price of 15,5278 euros per share, for a total value of 62.392.150,90 euros, as part of the second tranche of the buyback approved by the Assembly on 10 May

Leonardo today announced an order for three AW139 helicopters placed by Monroe County, Florida. The helicopters will be operated by Trauma Star on behalf of the area's public safety, rescue and firefighting authorities and will carry out air rescue missions from the Lower Keys Medical Center and the Florida Keys Marathon International Airport. The AW139s

Eni has signed a long-term contract with QatarEnergy LNG NFE (5), the joint venture between Eni and QatarEnergy for the development of the North Field East (NFE) project in Qatar, for the supply of up to 1,5 billion cubic meters per year (bcma) of LNG. The available volumes will be delivered to the “FSRU

The bad bureaucracy that unfortunately grips most of our Public Administration (PA) causes economic damage to Italian taxpayers estimated at around 184 billion euros per year. The latter amount is more than double the size of tax evasion present in Italy. According to the Ministry of Economy and Finance (MEF), in fact, the lack of revenue

Eni celebrated today, in the presence of the Minister of Hydrocarbons of the Republic of Congo, Bruno Jean Richard Itoua, the General Director of SNPC, Maixent Raoul Ominga, and the General Director of Eni Natural Resources, Guido Brusco, the launch of the "Tango" ships Floating Liquefied Natural Gas (FLNG) and “Excalibur” Floating Storage Unit (FSU). The ships will leave

Versalis announces that from today it holds the entire share package of Novamont, of which it already owned 36%. The operation, announced on April 28th and authorized by the competent authorities, concluded today with the acquisition of 64% of the Novamont shares from Mater-Bi, a company controlled by Investitori Associati II and NB Renaissance. Novamont, of which

The most advanced technologies in the helicopter field and in the defense electronics sector are promoted Seoul 16 October 2023 - Leonardo participates in ADEX 2023, the International Aerospace and Defense Exhibition in Seoul (South Korea) - stand 199 in Hall F – from 17 to 22 October. The company has been operating for several decades in

A real blow. The inflation boom has also caused a strong revaluation of the severance pay (TFR) [the TFR is a remuneration element of a deferred nature which is due to the employee upon termination of the employment relationship, regardless of the type of withdrawal , and which accrues monthly. It is a

“Youth entrepreneurship is a strategic asset for the growth of our country and institutions must deal with the realities of the sector to grasp its potential. It is on the basis of these assumptions that, as part of the "alliance for schools", I am also working on a partnership between private individuals and educational institutions which, through project financing and

Eni CEO Claudio Descalzi met today in Algiers with the Minister of Energy and Mines, Mohamed Arkab, and the new CEO of SONATRACH, Rachid Hachichi, to discuss gas production and export, investments in the country and energy transition initiatives. Eni and SONATRACH have shared joint programs for the

Abi and the trade union organizations Fabi, First-Cisl, Fisac-Cgil, Uilca and Unisin met today also addressing the issue of the burdensome situation that occurs among workers due to the peculiar effects determined by the taxation mechanism of the loans granted to employees as part of the so-called fringe benefits. The current formulation of the tax law and its progress

Eni purchased in the period between 2 and 6 October 2023 on Euronext Milan n. 4.222.007 treasury shares (equal to 0,13% of the share capital), at the weighted average price of 14,6730 euros per share, for a total value of 61.949.698,25 euros, as part of the second tranche of the buyback approved by the Assembly on 10 May

Two out of three ministries continue to pay their suppliers late. This bad habit that has characterized most of the Italian Public Administration (PA) for decades continued in the first two quarters of this year. Although it is still early to generalise, in the case of ministries we have confirmation that payment delays continue.

Since the first attack last Saturday by Hamas on Israel, international gas prices have increased dramatically to reach 43,60 Euro/MWh yesterday with a +15,00% in just a few hours. The situation of the two reference crude oils is no different: WTI at 88,80 $/barrel and BRENT at 89,50 $/barrel on the main

The ABI has examined the recent territorial data published by the Bank of Italy: in the second quarter of 2023 the average rate applied to families on new fixed rate mortgages for the purchase of homes was 4,32%, with minimal differences between individual territorial areas. In particular, the highest rate was recorded in the North-East

The paradoxes present in our labor market are evident and one of these is highlighted in this note from the CGIA Research Office: if the unemployed in Italy are just under two million, of which approximately 800 thousand are between the ages of 15 and 34 years [Istat, “Employed and unemployed”, Rome, 2

According to data reported by WP, Ukraine, to date, has received the monster amount of 350 billion dollars. The political party headed by the Republicans pushed the US Congress to freeze funds in support of Ukraine to avoid a shutdown, i.e. the blocking of the country's administrative activities. It's a measure

Eni purchased in the period between 25 and 29 September 2023 on Euronext Milan n. 4.655.159 treasury shares (equal to 0,14% of the share capital), at the weighted average price of 15,2601 euros per share, for a total value of 71.037.984,43 euros, as part of the second tranche of the buyback approved by the Assembly on 10 May

56 NH90 helicopters delivered, including 46 SH-90s for anti-ship/anti-submarine duties and 10 MH-90s for tactical utility transport. Entirely developed by Leonardo, the simulation center for the training of the entire crew allows personalized and high-fidelity mission training in all scenarios. The Italian Navy has reached an important milestone in increasing capacity

Eni announces an important gas discovery made from the Geng North-1 well drilled in the North Ganal license, approximately 85 km away from the east coast of Kalimantan, Indonesia. Preliminary estimates indicate overall volumes equal to 5 thousand billion cubic feet of gas (approximately 140 billion cubic meters) with a

The ABI conducted an in-depth analysis based on the data just published by the Bank of Italy: in June 2023 loans in Italy recorded an annual reduction of -2,4%, but there are significant differences at a territorial level. In the South, loans grew by 0,5%, in the Islands they remained at the same value as last year, while

Over the last 50 years, the amnesty policy adopted in our country has allowed the treasury to collect a total of 148,1 billion euros (amount revalued in 2022). This was reported by the CGIA Research Office. In economic terms, the 2003 tax amnesty [Berlusconi II government, Minister of Economy and Finance, Giulio Tremonti] was the most

“Funded with funds that cannot be used for school building interventions and can no longer be used for flooded schools, for which all requests received have already been accepted” With reference to today's statements by the President of the Emilia-Romagna Region Bonaccini and the Mayor of Ravenna, in reiterating what has already been clarified by the Ministry with the press release of

There are 2,2 million Italian families in energy poverty (PE). We are talking about 5 million people who in 2021 lived in unhealthy homes, poorly heated in winter, poorly cooled in summer, with poor lighting levels and with very limited use of the main white appliances [refrigerator, freezer, washing machine, dishwasher, dryer, etc]. Family units

Starting from 20 September 2023, Citibank NA is sending requests for proof of existence to pensioners resident in Europe, Africa and Oceania - with the exception of Scandinavian countries and Eastern European countries already affected by the first phase - to be returned to the Bank by 18 January 2024. If the certification is not

Issue from 2 to 6 October. Coupons paid every three months with pre-established and increasing rates. The Ministry of Economy and Finance announces that the final extra loyalty bonus relating to the second issue of the BTP Valore will be equal to 0,5% of the capital invested by small savers who purchase it during the days of placement,

If Italian banks applied the same interest on current account deposits as in 2008, the year in which the ECB reference rate was the same as today [At the meeting of 14 September last, the Governing Council of the ECB raised the main refinancing rate at 4,50 percent. This decision will go into

Eni positions itself as the leading developer of CCS projects in the country Eni announces that its affiliate in the United Kingdom (Eni UK) has been awarded the CO2 storage license for the depleted Hewett gas field by the British Regulator , located approximately 20 km off the coast of Bacton, in the part

Antonio Patuelli today in the Dante dialogue in Ravenna, next to Dante's Tomb, stated among other things that the Divine Comedy is first and foremost a manual of fourteenth-century ethics that is both Catholic and secular. More relevant today than ever is where Dante, in the sixth canto of Purgatory, referring to Florence, criticizes the instability of "law, money, and office,

In the second quarter of 2023, 118.215 new VAT numbers were opened, with a decrease of 6,1% compared to the corresponding period last year. This is what emerges from the update of the data of the Observatory on VAT numbers published by the Ministry of Economy and Finance, which shows that 47,1% of new openings are located in the North, the

(by Andrea Pinto) The war in Ukraine and the appeal repeatedly reiterated by NATO to bring the military expenditure of member countries to 2% of the national GDP would be leading the EU to a historic decision that would give some breathing space to the economies of some countries that have suffered the most in the post-covid period under pressure

For the first time, small savers will receive coupons every three months. Duration 5 years and an extra final loyalty bonus The Ministry of Economy and Finance announces the second issue of the BTP Valore, the family of government bonds dedicated exclusively to individual and similar savers (the so-called retail market), which will take place

From September 2023, new parents will receive a communication via email inviting them to submit the application to apply for the Single Universal Allowance or to supplement the benefit already received for other dependent children. This is an initiative that INPS takes on with the aim of facilitating access to the Single Universal Allowance on the occasion of birth

Over 4000 applications already processed in real time. Approximately 600 thousand potential places in training courses and 60 thousand job opportunities available on the Social and Work Inclusion Information System platform. Over 4000 applications processed, approximately 600 thousand potential places in training courses and 60 thousand job opportunities. I am

Disclosure on purchase transactions carried out in the period between 21 and 24 August 2023 Eni purchased in the period between 21 and 24 August 2023 on Euronext Milan no. 4.233.249 treasury shares, at the weighted average price of 14,1299 euros per share, for a total value of 59.815.319,79 euros as part of the authorization

From 1 September it will be possible to apply to access the Support for training and work (SFL), the new measure aimed at promoting the activation in the world of work of people at risk of social and occupational exclusion, through participation in projects training, professional qualification and requalification, orientation, accompaniment

Eni started today the production of oil and gas from the Baleine field, in the deep waters of the Ivory Coast. This milestone comes less than two years after its discovery in September 2021, and less than a year and a half after the Final Investment Decision. This is the first emission production project

Many close down and start working as employees. Young people, on the other hand, don't come any closer. The number of artisans in Italy continues to decrease. Since 2012 they have dropped by almost 325 thousand units (-17,4 percent) and in the last 10 years only in 2021 has the overall audience increased, albeit slightly,

Eni purchased in the period between 14 and 18 August 2023 on Euronext Milan n. 2.830.807 treasury shares, at the weighted average price of 13,9699 euros per share, for a total value of 39.546.050,61 euros as part of the authorization resolved by the Shareholders' Meeting on 10 May 2023, already disclosed pursuant to of the art. 144-bis of the Consob Regulation

(by Massimiliano D'Elia) The Minister of Economy and Finance Giancarlo Giorgetti spoke remotely at the Rimini Meeting of Communion and Liberation and, with unusual pragmatism, warned insiders and public opinion that the next "Budget Law will be complicated. Not everything can be done." But which Budget Law is not complicated

The expansion of the BRICS bloc, under discussion at this week's summit in Johannesburg, has attracted a diverse group of potential candidates – from Iran to Argentina – intent on starting a new inclusive process to compete with the western block. There are many issues that emerging countries complain about: According to officials of the

Although in 2023 the South is destined to remain the geographical division that will record the lowest GDP increase in Italy (+1 per cent approximately compared to +1,1 in the Center and +1,2 per cent approximately in the North), the same, however, will exceed that of France (+0,8 percent) and, in particular, of Germany

In a note, the Ministry of Economy and Finance announced that on 10 August last year Christine Lagarde, the date of publication in the Official Gazette of decree 104, was sent a request for "assessments within the competence of the European Central Bank" in relation to the provision of extraordinary levy on banks (extra profits ed)

Data in line with the DEF. The Report on tax and social security contributions for January-June 2023 has been published The Ministry of Economy and Finance announces that in the months January-June 2023 tax and social security revenues amounted respectively to 262.528 million euros and 126.248 million euros, registering an overall change of +3,6%

Russia is trying everything to revive its economy gripped by international sanctions. After the latest measures by the Russian Central Bank - BCR - (increase to 12% of the reference rate) to revive the fate of the ruble in inevitable free fall, today's news is that Moscow has started the phase of

The Russian central bank raised its key interest rate to 12% a few hours ago, the day after the ruble fell to its peak. The decision to raise its key interest rate to 12% from 8,5% previously "was taken to limit risks to price stability," Russia's central bank said

The Institute is aware of the importance that the Single Universal Allowance has in the welfare dedicated to families. For this reason - in the first place - it guaranteed, without interruption, the transition from the old system of family allowances to the new measure. After having received this mandate from the legislator, in an extremely short period of time, INPS has

Resources against the cost of materials for interventions launched in the first half of 2023 The Ministry of Economy and Finance announces that resources equal to 2,4 billion euros have been definitively assigned from the Fund for non-deferable works to the public works of the contracting stations that have started the procedures of assignment in the period 1 January 2023 – 30

Saudi Arabia is trying to become a partner in the consortium of nations that are funding the new generation fighter project called GCAP - Global Combat Air Program. Last December, Italy, the United Kingdom and Japan decided to join the efforts of their defense industries to build the fighter of the future, the fighter

In Milan (35.342 €), Monza-Brianza (31.984 €) and Bolzano (31.483 €) the realities most in the "red". The least ones are Agrigento (€10.302), Vibo Valentia (€9.993) and Enna (€9.631). As at 31 December 2022, the average amount of debt per household in Italy had risen to 22.710 euros. Overall, the stock of bank debt in

The management of applications with non-compliant ISEE and the payment of the check to a minimum extent are postponed to November following edits). The calculation of the monthly amount due is carried out by INPS, taking into account the value

Rule proposed by the minister and shared by the cdm The measure proposed by the minister of economy and finance, shared and approved by the Council of Ministers arises in the wake of rules already existing in Europe on the subject of extra banking margins. At the same time, the measure, for the purpose of safeguarding the stability of banking institutions, also provides

With decree-law n. 48 of 4 May 2023, converted with amendments by law 3 July 2023, n. 85, changes the reference regulatory framework for households receiving Citizenship Income. In detail, for households that include minor children, the disabled and the elderly over the age of XNUMX, it is envisaged that the same households will continue to

Trieste, Aosta, Biella, Savona and Cagliari are the provinces most affected by the contraction. In Frankfurt they "prefer" the crisis to inflation In the last year (May 2023 on the same month of 2022) bank loans to Italian companies (non-financial companies) decreased by 5 percent (equal to -33,3 billion euros ) and among the 20 countries of the Eurozone

With a quick passage in the Chamber and the favorable vote, the reform of the Italian tax system kicks off. Satisfaction of Prime Minister Giorgia Meloni: "Less taxes on families and businesses, a fairer and more equitable tax system, more money in payroll and lower taxes for those who hire and invest in Italy, more

Eni formalized today to the Libyan counterpart NOC the revocation of the Force Majeure status on exploration areas A and B (onshore), and C (offshore), of which Eni is operator with a 42,5% stake, with BP at 42.5% and Libyan Investment Authority at 15%. Force Majeure, declared in 2014, is lifted afterwards

The latest Regional Bank Lending Survey, published today by the Bank of Italy, provides interesting information on the dynamics and characteristics of bank loans granted to households for the purchase of homes throughout 2022. The results of the survey show that , after the expansion observed in the first part of 2022, the impact on the level of interest rates of the effects of the

Promote the exchange of information and experiences, especially on aspects related to accessibility issues. The discussion table between the Italian Banking Association (ABI) and the National Deaf Institution (ENS) is underway for the implementation of initiatives and projects to promote better accessibility to banking structures and products and services. Collaboration yes

In 2022 missed payments to suppliers for 5,4 billion euros In almost one out of three cases, in 2022 the central state administration did not pay its suppliers. Against 3.737.000 invoices received for a total amount of 20,2 billion euros, it settled 2.552.000, corresponding to these companies 14,8 billion. Therefore,

The ABI has issued a circular letter to inform its members of the framework agreement on the suspension of the payment of the principal portion of the mortgages of local authorities, reached with the National Association of Italian Municipalities (ANCI) and the Union of Provinces of Italy ( UPI). With the aim of meeting the liquidity needs of local authorities caused by the emergency due to the increase in costs

Operators will be able to present and test projects in the banking, financial and insurance sectors The second phase of experimentation in Italy of techno-finance (FinTech) activities will kick off from 3 November to 5 December 2023, during which operators in the sector will be able apply for admission to the regulatory sandbox, a protected space for

Discussions continued today between the ABI and the trade union organizations Fabi, First-Cisl, Fisac-Cgil, Uilca and Unisin for the renewal of the national collective labor agreement for bankers. In today's meeting ABI focused - also in the light of the illustration of the trade union platform which took place during the meeting on Wednesday 19 July - on the main aspects

ABI President Antonio Patuelli and General Manager Giovanni Sabatini express their satisfaction with some clarifications from Mairead McGuinness, European Commissioner for Financial Services, Financial Stability and Capital Markets Union, expressed in a letter addressed to them in response to a letter from ABI in which concerns and proposals were expressed in relation

Following the control activity carried out by the Guardia di Finanza, last year 14.045 people were reported to the Judicial Authority for criminal tax violations, of which 290 were arrested. Basically, two per cent of the subjects reported ended up in prison. This was reported by the CGIA Research Office which processed the data

WEMED_NATOUR is born to develop the blue economy with sustainable tours for school tourism Small and medium-sized enterprises in the western Mediterranean basin at school of green skills with the capacity building program You write WeMED_NaTOUR, you read maritime and coastal tourism for future generations. It is one of the "flagship projects" co-financed by

Starting from August NoiPa will pay increases envisaged by the labor decree

In Italy 2022 – Focus on appliances with cash and online winnings” In the year of the return to full operation after the two-year pandemic, the appliance sector still records a loss of jobs (2.328 units) and a cut of 1.314 companies. The growth of online gaming triggered by the health emergency and the lockdown pays off

Versalis, Eni's chemical company, has published the 2022 Sustainability Report in which it recounts its contribution to the development of more sustainable and circular models, in line with Eni's strategy and values. The document also explores the targets that the company has set itself to achieve the goal of carbon neutrality al

In today's meeting of the control room on the PNRR chaired by Minister Fitto, the Director General of ABI, Giovanni Sabatini, underlined the role that banks can play in channeling incentives towards businesses. “A stable and clear framework is needed for banks to be able to perform this role most efficiently

Data in line with Def. Published the Report on tax and social security contributions for January-May 2023 ) compared to the same period of the previous year. This positive trend is consistent

Private sector employees in the North work almost 2 months more a year than their colleagues in the South and, in light of this, the former receive a daily wage 34 percent higher than the latter. This means that in the north the clerks and workers are workaholics and those in the south

Raise awareness and strengthen the relationship between the banking world and the realities of the third sector, also through greater mutual knowledge. The in-depth analysis elaborated by ABI, the Italian Banking Association, with banks and consumer associations as part of the Simple Transparency project, and in collaboration with the Third Sector Forum, is dedicated to the reform of the Third Sector.

Eni, in collaboration with Assarmatori and Confitarma, today presented the document “The route towards net zero. Together to decarbonise the maritime sector” to which three of the largest naval engine manufacturers (Wärtsilä, WinGD and MAN Energy Solutions) contributed, as well as Unem, Federchimica/Assogasliquidi, Assocostieri and RINA, which supervised the work

Leonardo has signed a contract to complete development of the new radar for the Royal Air Force's (RAF) Typhoon fleet, which will transform the aircraft's ability to patrol the airspace, while providing other advanced self-protection capabilities. The contract, awarded from BAE Systems to Leonardo, will see the further development of the technology

The joint venture between Plenitude and CDP Equity continues its consolidation process on the market with new plants for a total capacity of up to 200 MW. The new parks will be built in Puglia, Sicily and Lazio with GreenIT agrivoltaic technology, the Italian joint venture established in 2021, 51% owned by Plenitude (Eni) and

The Italian Banking Association announces a new Memorandum, in five points, dedicated to the issues of those who have problems consequent to the choice of variable rate mortgages and to the growth of interest rates consequent to the decisions of the ECB. The ABI indicates, in a simple and immediate way, the possibilities that are available today in Italy for

Yes of the CGIA to the minimum wage by law, provided it is measured by the TEC If the minimum wage of 9 euros gross per hour were introduced by law, according to the CGIA there could be a serious danger of seeing irregular work increase in the country in sectors where the minimum wages are currently much lower

Eni delivered today a load of 90 million cubic meters of gas to the SNAM regasification terminal in Piombino. The unloading operations take place following the completion of the test phase and ratify the start of the commercial phase of the terminal. This further delivery confirms the value of gas as a reliable energy source,

Eni purchased in the period between 26 and 30 June 2023 on Euronext Milan n. 5.846.329 treasury shares, at the weighted average price of 12,9016 euros per share, for a total value of 75.427.243,63 euros as part of the authorization resolved by the Shareholders' Meeting on 10 May 2023, already disclosed pursuant to of the art. 144-bis of the Consob Regulation

The Ministry of Economy and Finance announces that in the period January-May 2023, tax revenues ascertained on the basis of the juridical competence criterion amounted to 192.073 million euros (+6.178 million euros), +3,3% compared to the same period of 2022. In particular, in the first five months of the year direct taxes recorded an increase

It can be said that we are on the eve of the start of the summer sales season and, like every year, what should be an opportunity for retailers as well, is reduced to little or nothing. Our request to postpone the start of the sales to at least the end of the month was in vain. Instead, they leave on July 6 when the

Correction of a serious anomaly amendment Those who have lost entire years of contributions because they had a debt, even a small one, with INPS - automatically canceled thanks to the provisions of 'scrapping and removing payment files' - will be able to request the Institute to recognize the same years. This is an important innovation contained in the conversion into law of the Labor Decree with which “Il

Eni today signed an agreement with Perenco for the sale of Eni's stake in some oil permits in the Congo, marginal to the energy company's strategy in the country. The value of the transaction is approximately $300 million, including fixed and contingency fees, subject to customary adjustments. The closing

The economy slows down and in commercial transactions between private individuals the payment times of medium and large companies towards their suppliers are once again lengthening. Historically this has always been the case and the phenomenon promptly reappeared in the first three months of 2023: with the slowdown in GDP, delays increased again. Today

84 percent of tourists will be international and 16 percent Italian. The minister of tourism Daniela Santanchè: “important signals from the data on the summer season. Tourism is a fundamental sector for the growth of the nation” Italian summer in great shape. According to Enit estimates on Data Appeal and Unwto data for the summer period, airport passengers