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

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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...
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Matteo Salvini
Last position: Federal secretary (Liga Severa)
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