Oct 23 Standard and Poor's on Friday revised
Italy's sovereign outlook to stable from negative, offering some
unexpected good news for the euro zone's third largest economy,
and affirmed its long- and short-term credit rating at
ROME Italy has registered 15,199 new coronavirus infections over the past 24 hours, the health ministry said on Wednesday, the highest daily tally since the start of the country's outbreak and up from a previous record of 11,705 posted on Sunday.
ROME, Oct 15 Italy will spend 10 billion euros
in its 2021 budget to extend temporary lay-off schemes for
companies and offer tax breaks to firms to support employment in
the poor south of the country, government sources told Reuters.
ROME Italy has registered 7,332 new coronavirus infections over the past 24 hours, the health ministry said on Wednesday, the country's highest ever daily tally and steeply up from 5,901 on Tuesday.
ROME, Oct 13 Italian Prime Minister Giuseppe
Conte on Tuesday imposed new restrictions on gatherings,
restaurants, sports and school activities in an attempt to slow
a surge in novel coronavirus infections.
ROME Italian Prime Minister Giuseppe Conte on Tuesday imposed new restrictions on gatherings, restaurants, sports and school activities in an attempt to slow a recent surge in coronavirus infections.
ROME/MILAN Italy's love affair with cash is fading. The coronavirus is turning Italians off notes and coins and the government is launching a raft of incentives to accelerate the trend, believing plastic payment can curb rampant tax evasion.
ROME/MILAN Italy on Wednesday made it mandatory to wear face masks outdoors nationwide in an effort to curb the spread of the coronavirus, as new infections jumped to the highest daily tally since April.
ROME Italy forecasts that its economy will contract by 9.0% this year, the Treasury said on Tuesday, while the budget deficit will come in at 10.8% of gross domestic product.
* Targets to form framework for 2021 budget
(Adds details, background)