By EARLE GALE in London | China Daily Global | Updated: 2024-10-17 09:27 Italy's Prime Minister Giorgia Meloni attends a roundtable meeting in Brussels, Belgium Oct 16, 2024. Italy will raise 3.5 billion euros through new levies on domestic banks and insurance companies, in a bid to overcome a 9-billion-euro black hole in its budget, Prime Minister Giorgia Meloni announced …
Michel Barnier’s tax raid is poised to cost France’s largest company an extra €800m next year, as the French prime minister races to reduce the country’s “colossal” debt pile. LVMH, the owner of designer brands Dior and Louis Vuitton, revealed the impact of higher corporation taxes during its latest trading update on Wednesday, just days after Mr Barnier announced plans …
