Growth could exceed 4.5% target this year says Franco
If exit from COVID is swift, economy minister tells ANSA
25 Maggio 2021
ROME, MAY 25 - Italian growth could exceed the
government s target of 4.5% this year, Economy Minister Daniele
Franco said at an ANSA event Tuesday.
The government s financial and economic planning blueprint, the
DEF, set an estimate for 2021 growth of 4.5% last month.
But Franco said that if the emergence from the COVID pandemic
is swift and reopenings are consolidated, Italy could see growth
rates hopefully a little higher .
Franco added that at a global level the G20 sees a recovery with uncertainties .
He said the organization, of which Italy is currently the duty
By Reuters Staff
1 Min Read
ROME, May 21 (Reuters) - Italy, which holds the annual presidency of the G20, on Friday welcomed a proposal from U.S. Treasury Department for a global corporate tax of at least 15%.
Washington on Thursday offered to accept a rate of at least 15% during international negotiations, significantly below its proposed 21% minimum for U.S. multinational firms.
“The possibility of reaching a global and consensus-based solution is now concrete,” Italian Economy Minister Daniele Franco said in a statement.
As president of the Group of 20 rich countries Italy will do “everything possible” to broker an agreement on a global minimum corporate taxation level at a G20 meeting in Venice in July, Franco added. (Reporting by Giuseppe Fonte, editing by Gavin Jones)
Pragmatic solution on vaccines-WTO head after Draghi talks
Greater opening after meeting with producers
10 Maggio 2021
ROME, MAY 10 - World Trade Organization Director
General Ngozi Okonjo-Iweala told a press conference after seeing
Premier Mario Draghi and Economy Minister Daniele Franco in Rome
Monday that the WTO was working for a pragmatic solution on
vaccinations on a global scale against COVID-19.
She said there is a more constructive tone, more willingness to
sit at the negotiating table and especially after the meeting
with producers three weeks ago I have the impression of a
greater opening to sitting at the negotiating table and reach a
Recovery Plan to be sent to Brussels his week - Franco
Parliament approved the 248-billion-euro package on Tuesday
28 Aprile 2021
ROME, APR 28 - The government will deliver its
post-COVID PNRR Recovery Plan to the European Commission this
week after the Italian parliament approved the 248-billion-euro
package, which aims to make the country greener, fairer and more
modern, on Tuesday, Economy Minister Daniele Franco has said. We can only achieve robust, sustainable growth in the medium
term if we close the gaps between genders, generations and
regions, Franco said as he presented the PNRR along with his
French, German and Spanish counterparts on Wednesday.