AGP Executive Report
Last update: 5 hours agoTax Policy: Giorgia Meloni’s draft 2027 budget proposes a 26% exit tax on capital gains for people moving their tax residence abroad with assets above €800,000. The plan could affect wealthy newcomers who relocated to Italy for its tax regime. Banks and Budget: Italy has approved a 2027 budget that raises taxes on banks, insurers and energy firms, testing the government’s balance between revenue needs and investment. Banking Shake-up: Monte dei Paschi di Siena shareholders rejected CEO Luigi Lovaglio’s plan amid opposition to its proposed Mediobanca tie-up, adding uncertainty to the sector’s consolidation drive. ECB Leadership: Christine Lagarde is set to leave the European Central Bank early, triggering a succession race with potential consequences for eurozone policy.
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