To Italy limited tax on excess profit of banks after negative reaction of the market

Ministry of Economics and finance of Republic of Italy let out last night "explanation" in connection with the decision of the government to impose with a 40 percent tax on excess profit "multi-billion profits of banks". In an explanation Minfin are said that the tax size will not exceed 0,1% of the general size of assets concrete banks. This statement was published some hours later after speech of the Deputy Prime Minister Italy Mattheo Salvini, leading far-right populist party "League" which is included into the coalition government of the country. The present Italian office considered that the Italian banks receive...