Europa e economia
Italy sticks to its guns in revised budget submitted to EU

The Italian government defended again its decision to present an expansive budget. Italy defied Brussels again on Tuesday (13 November) as Finance Minister Giovanni Tria presented only a slightly modified draft budget, despite the European Commission rejecting the previous spending plan in an unprecedented decision. The fresh Italian draft budget arrived 22 minutes late at 00:22 am according to EU sources and barely differs from the previous text. The only novelty this time is the government’s decision to raise the… (Continua a leggere)

Brexit emergency summit set for 25th November in Brussels to confirm Theresa May's deal

Irish PM says summit would be held later this month if UK Cabinet agrees to draft . EU leaders would gather in Brussels later this month to confirm Theresa May’s Brexit deal if her Cabinet approves the latest draft, Ireland’s prime minister has said. Leo Varadkar told the Irish parliament that the date of the planned summit was now 25 November, a Sunday. He also revealed that a draft text on the 500-page agreement could be made public on Wednesday evening if discussions… (Continua a leggere)

Greece is a top choice for Chinese property investors

They are leading the industry boom Greece has become one of the most lucrative markets for Chinese property investors, as the extremely low prices of land, coupled with one of Europe’s most generous “golden visa” schemes, which provides a renewable five-year residence permit in exchange for a 250,000 euro investment in real estate are not easy to pass up. As Reuters’s Angeliki Koutantou reports, that’s enough to buy a three-bedroom apartment in the capital with a view to the Acropolis… (Continua a leggere)

Italian exporters survey Turkish industrial zones for manufacturing

Affected by the depreciation in the value of the Turkish Lira against the euro, Italian companies exporting to Turkey have started surveying industrial zones in the country with an aim of regaining competitiveness in the Turkish market. “Our research is focused on the most attractive industrial zones in Turkey for the Italian companies. We have identified some industrial zones according to different criteria such as infrastructures and logistics, main roads, distance from city centers, ports and airports, land availability, average price, well-trained workforce and other investments made by Italian… (Continua a leggere)

Economic relations with Turkey vital for Germany, says envoy ahead of key delegation visit

Turkey holds great economic importance for Germany through bilateral trade and as a production base, German Ambassador to Turkey Martin Erdmann told state-run Anadolu Agency on Oct. 22. Erdmann’s comments come prior to the upcoming two-day visit to Ankara on Oct. 25 of a 100-member delegation of German businesspeople, including 35 representatives from the country’s leading companies, headed by Economy and Energy Minister Peter Altmaier. Two important meetings are planned as part of the visit, one of which is a Turkey-Germany Joint Economic and Trade… (Continua a leggere)

Mario Draghi recognises positive prospects of Greek economy in meeting with PM Tsipras

The Greek bonds are also being slowly but steadily decoupled from the Italian bonds. European Central Bank head Mario Draghi acknowledged the positive prospects of the Greek economy, during a meeting he had with Greek Prime Minister Alexis Tsipras on the sidelines of the EU Summit in Brussels. ECB executive board member Benout Coeure. According to government sources, the three officials pointed out the positive course of the Greek economy and the constant improvement in the fundamental figures that lead… (Continua a leggere)

Danske, la Russia e il riciclaggio: la banca che fa crollare il mito danese

Nemmeno la Danimarca è immune agli scandali finanziari. Danske, prima banca del Paese, è sotto inchiesta per riciclaggio. Un clamoroso avvertimento per l’Europa «L’opinione pubblica è scioccata dal fatto che la più importante banca danese sia stata coinvolta nel riciclaggio di denaro per conto della criminalità organizzata e di regimi dittatoriali». Rispondendo alle domande di Valori, Pelle Dragsted, deputato della sinistra ecologista al parlamento di Copenhagen, non usa mezzi termini. Danske Bank, principale istituto del Paese, è nell’occhio del ciclone… (Continua a leggere)

Open Banking e sfide di compliance

L’Open Banking non è solo uno spostamento di potere tra banca e cliente. Ma impone cambiamenti culturali e tecnologici importanti all’interno della banca. Ecco quanto emerge in un white paper pubblicato da TIBCO. L’Open Banking tra PSD2 e GDPR Con la PSD2 e la GDPR il mercato bancario è stato aperto a nuovi player e, al contempo, si è creata una sorta di contratto di fiducia tra banca e cliente per quanto riguarda la gestione dei dati. Da un lato,… (Continua a leggere)

UK Foreign Secretary likens EU to USSR

Hunt called on Brussels during a Conservative conference Sunday not to “turn the EU club into a prison.” British Foreign secretary Jeremy Hunt has likened the European Union to the Soviet Union amid London’s struggle to exit the bloc. Hunt called on Brussels during a Conservative conference Sunday not to “turn the EU club into a prison.” He further censured EU leaders for turning their backs on the “confidence and ideals of the European dream.” “What happened to the confidence… (Continua a leggere)

ESCAPE FROM EU! Rees-Mogg urges Tories to back Hardest Brexit and not pay a SINGLE PENNY

JACOB Rees-Mogg has laid the gauntlet to Theresa May at the Tory Party Conference – urging Conservatives to back his hard Brexit plan and “not pay a single penny” to the European Union. Speaking to party members in Birmingham today, Mr Rees-Mogg said such a move would help the least well off in Britain. And he insisted it was all legally justifiable. Outlining his plan the MP said: “There is £40billion of your hard earned money going to the European… (Continua a leggere)