* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, August 14, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Georgia Tech Launches Arts, Entertainment, and Creative Technologies Degree – Georgia Tech News Center

    Georgia Tech Unveils Exciting New Degree in Arts, Entertainment, and Creative Technologies

    John Davison departs from IGN Entertainment – GamesIndustry.biz

    John Davison Steps Down from IGN Entertainment Leadership

    JPMorgan raises Flutter Entertainment stock price target to GBP273 – Investing.com

    JPMorgan Raises Flutter Entertainment Price Target to £273, Signaling Strong Growth Ahead

    Star Entertainment reaches deal to sell 50% stake in Brisbane resort to HK investors – Reuters

    Star Entertainment Seals Landmark Deal, Sells Half of Brisbane Resort to Hong Kong Investors

    Country music star ripped by ex-wife amid court battle: ‘Karma is a … well you know’ – PennLive.com

    This LA singer performed at Trump casinos. Now he’s a retired bus driver in Acadiana. – The Advocate

    This LA singer performed at Trump casinos. Now he’s a retired bus driver in Acadiana. – The Advocate

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Indirect tax transformation: Navigating change, embracing technology – Thomson Reuters tax and accounting

    Revolutionizing Indirect Tax: Embracing Technology to Navigate Change

    California’s wildfire moonshot: How new technology will defeat advancing flames – Los Angeles Times

    California’s Wildfire Revolution: How Cutting-Edge Technology Is Poised to Stop Raging Flames

    LSU grad uses 3D printing to create adaptive technology for children – CBS News

    LSU Graduate Revolutionizes Adaptive Technology for Kids with 3D Printing

    Gas-to-liquids technology can support national resilience – The Strategist | ASPI’s analysis and commentary site

    Unlocking National Strength: How Gas-to-Liquids Technology Drives Resilience

    Micron Technology (MU) Launched a New Memory Chip for Space Application – Yahoo Finance

    Micron Technology Launches Revolutionary Memory Chip Built for Space Exploration

    United Airlines passengers in US delayed after tech glitch halts flights – BBC

    United Airlines passengers in US delayed after tech glitch halts flights – BBC

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Georgia Tech Launches Arts, Entertainment, and Creative Technologies Degree – Georgia Tech News Center

    Georgia Tech Unveils Exciting New Degree in Arts, Entertainment, and Creative Technologies

    John Davison departs from IGN Entertainment – GamesIndustry.biz

    John Davison Steps Down from IGN Entertainment Leadership

    JPMorgan raises Flutter Entertainment stock price target to GBP273 – Investing.com

    JPMorgan Raises Flutter Entertainment Price Target to £273, Signaling Strong Growth Ahead

    Star Entertainment reaches deal to sell 50% stake in Brisbane resort to HK investors – Reuters

    Star Entertainment Seals Landmark Deal, Sells Half of Brisbane Resort to Hong Kong Investors

    Country music star ripped by ex-wife amid court battle: ‘Karma is a … well you know’ – PennLive.com

    This LA singer performed at Trump casinos. Now he’s a retired bus driver in Acadiana. – The Advocate

    This LA singer performed at Trump casinos. Now he’s a retired bus driver in Acadiana. – The Advocate

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Indirect tax transformation: Navigating change, embracing technology – Thomson Reuters tax and accounting

    Revolutionizing Indirect Tax: Embracing Technology to Navigate Change

    California’s wildfire moonshot: How new technology will defeat advancing flames – Los Angeles Times

    California’s Wildfire Revolution: How Cutting-Edge Technology Is Poised to Stop Raging Flames

    LSU grad uses 3D printing to create adaptive technology for children – CBS News

    LSU Graduate Revolutionizes Adaptive Technology for Kids with 3D Printing

    Gas-to-liquids technology can support national resilience – The Strategist | ASPI’s analysis and commentary site

    Unlocking National Strength: How Gas-to-Liquids Technology Drives Resilience

    Micron Technology (MU) Launched a New Memory Chip for Space Application – Yahoo Finance

    Micron Technology Launches Revolutionary Memory Chip Built for Space Exploration

    United Airlines passengers in US delayed after tech glitch halts flights – BBC

    United Airlines passengers in US delayed after tech glitch halts flights – BBC

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Italy: Tax Breaks, Investment Delays, Rising Debt-to-GDP Increase the Need for Fiscal Consolidation

May 17, 2024
in Business
Italy: Tax Breaks, Investment Delays, Rising Debt-to-GDP Increase the Need for Fiscal Consolidation
Share on FacebookShare on Twitter

Source: Scope Ratings

Superbonus: Fading Impact on Fiscal Deficits, but Increasing Negative Effects on Debt Levels

The estimated EUR 135bn of needed fiscal consolidation is slightly higher than the cost of tax incentives granted to-date for building renovations aimed at improving their energy efficiency, known as the Superbonus, which has resulted in EUR 122.2bn of tax credits. The scheme has significantly contributed to the elevated, if temporary, impact on the general government deficit of 8.6% of GDP in 2022 and 7.4% in 2023 and will lead to higher debt-to-GDP in 2024-26.

Recent estimates from the Italian Fiscal Council show an average yearly debt increase related to the Superbonus of almost 2pp in the next three years, compared with an average 0.5pp increase in 2021-23. A recent proposed amendment to the measure would extend the tax credits from five to 10 years for renovation work carried out from 2024, spreading the impact on public debt over a longer period.

The Superbonus underpinned new real-estate investment of EUR 117.2bn and almost 40% growth in construction-sector activity in 2020-23. While the tax incentives raised GDP by around 2.4pp over 2021-24, according to estimates by Confindustria, much of this economic benefit will prove temporary and is unlikely to offset the underlying fiscal costs.

RRP: Spending Delays Threaten Full Implementation, Reducing Economic Benefit

Italy’s RRP continues to face spending delays and implementation challenges, casting doubt over whether all planned investments can be realised by the end of 2026. Spending remains comparatively low at 23%, or EUR 45bn of the EUR 194.4bn allocated, up to end-March 2024, despite the reception of 53% of all grants and loans to date.

Most investment is now due to take place in 2024-26, equivalent to EUR 150bn or around 7% of GDP, assuming no extension to the 2026 deadline by the EC. Pressure on Italy to identify and start projects more quickly increases the risk of operational and governance bottlenecks. Longer delays could limit the potential boost from the plan to medium-term growth, which is crucial for stabilising Italy’s debt-to-GDP.

Eiko Sievert is a Director in Sovereign and Public Sector ratings and member of the Macroeconomic Council at Scope Ratings GmbH. Alessandra Poli, Analyst at Scope, contributed to writing this article.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : FXEmpire – https://www.fxempire.com/news/article/italy-tax-breaks-investment-delays-rising-debt-to-gdp-increase-the-need-for-fiscal-consolidation-1431296

Tags: breaksbusinessItaly
Previous Post

Annual Inflation Stable at 2.4% in the Euro Area; Core Steady at 2.7%

Next Post

Your Personal Brand Needs a Refresh. Here’s Where to Start.

Georgia Tech Launches Arts, Entertainment, and Creative Technologies Degree – Georgia Tech News Center

Georgia Tech Unveils Exciting New Degree in Arts, Entertainment, and Creative Technologies

August 14, 2025
nCino, C3.ai, Five9, Health Catalyst, and RingCentral Shares Are Soaring, What You Need To Know – Yahoo Finance

NCino, C3.ai, Five9, Health Catalyst, and RingCentral Stocks Are Skyrocketing – Here’s What You Need to Know

August 14, 2025
Comparative single-cell analyses reveal evolutionary repurposing of a conserved gene programme in bat wing development – Nature

Unveiling the Hidden Genetic Blueprint Behind the Evolution of Bat Wings Through Single-Cell Analysis

August 13, 2025
Opinion | Katharine Suding: 476 acres of possibility near Boulder for science, sustainability and the arts – The Boulder Reporting Lab

476 Acres of Possibility Near Boulder: A Bold Vision for Science, Sustainability, and the Arts

August 13, 2025
Interstellar Object 3I/ATLAS Seen in Stunning New Hubble Image – ScienceAlert

Stunning New Hubble Image Reveals Mysterious Interstellar Object 3I/ATLAS

August 13, 2025
MyMaine Media celebrates Maine’s modern lifestyle – WGME

Experience Maine’s Modern Lifestyle Like Never Before with MyMaine Media

August 13, 2025
Validea’s Top Information Technology Stocks Based On Martin Zweig – 8/13/2025 – Nasdaq

Must-Watch Information Technology Stocks for August 2025 Inspired by Martin Zweig’s Strategy

August 13, 2025
Grit, goals and glam: How beauty brands are making up for lost time and tapping into women’s sports – The New York Times

Grit, goals and glam: How beauty brands are making up for lost time and tapping into women’s sports – The New York Times

August 13, 2025
Trump Crypto Firm Announces $1.5 Billion Digital Coin Deal – The New York Times

Trump’s Crypto Company Unveils Revolutionary $1.5 Billion Digital Coin Deal

August 13, 2025
The end of ‘Townie Summer’: IU students return and stimulate Bloomington’s economy – WRTV

Townie Summer Wraps Up as IU Students Return, Revitalizing Bloomington’s Economy

August 13, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (769)
  • Economy (791)
  • Entertainment (21,669)
  • General (16,448)
  • Health (9,831)
  • Lifestyle (802)
  • News (22,149)
  • People (793)
  • Politics (800)
  • Science (16,005)
  • Sports (21,289)
  • Technology (15,771)
  • World (774)

Recent News

Georgia Tech Launches Arts, Entertainment, and Creative Technologies Degree – Georgia Tech News Center

Georgia Tech Unveils Exciting New Degree in Arts, Entertainment, and Creative Technologies

August 14, 2025
nCino, C3.ai, Five9, Health Catalyst, and RingCentral Shares Are Soaring, What You Need To Know – Yahoo Finance

NCino, C3.ai, Five9, Health Catalyst, and RingCentral Stocks Are Skyrocketing – Here’s What You Need to Know

August 14, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version