The decision to impose tax on excess profit brought down quotations of the Italian banks

Moscow. August 8. information agency "Interfaks" - Council of ministers of Republic of Italy introduction coordinated single taxes in 40% for excess profit which the financial organizations received in 2022 and 2023 due to growth of interest rates, writes MarketWatch. News about it brought down quotations of banks. The price of papers of UniCredit S. p. A on Tuesday falls for 6,6%, Intesa Sanpaolo S.p.A. - for 8,1%. By estimates of analysts of Citi, this measure will lead to falling of profit of the Italian banks on the average for 19%. Experts of Bank of America COR believe that tax will allow to receive in addition 2-3 billion euro in budget the countries. For comparison: tax on the superincome...