Financial advice in Italy

Crystal-clear waters, breathtaking landscapes and nature to discover. The charm of the Island of Elba continues to attract Italian and foreign tourists every year. However, the local administration also has to deal with the shortage of doctors on the island.

The interest rate hikes set by the ECB are having a tangible impact on the pockets of Italian households, so much so that one percentage point of wages in Italy would be eroded due to the hikes.

The 2023 summer sales have officially started.

In 2021, households accounted for 27% of final energy consumption in the EU. Most of the final energy consumption of EU households was covered by natural gas (33.5%) and electricity (24.6%). Renewable energy accounted for 21.2%, followed by oil and oil products (9.5%) and derived heat (8.6%).

Most weddings in Italy take place in spring/summer, meaning that wedding season is officially here.

In the wake of the Green Homes Directive, the EU is also taking action to introduce a ban on gas boilers from 2029. This is a measure contained in the draft revision of the Ecodesign Regulation 813/2013/EU, which sets the specifications for the ecodesign and marketing of space heating appliances.

According to Reuters, there are reports that Uber is to stop its food delivery service in Italy. The company's decision to cease operations is attributed to its failure to establish a significant market presence in the country.

If you own a property in Italy and are planning to sell, there are many bureaucratic hurdles to get over, more so if the property being sold has a mortgage on it. Initial questions even include: can you sell a property with a mortgage?

Real estate purchases and sales in Italy, considering the first nine months of 2022, remain on the rise despite the drop recorded by ISTAT in the third quarter of the year; however, it is mortgages, loans and other bonds with real estate mortgages that are falling over the same period.

House prices and inflation are a hot topic in Italy in 2023. Despite a slight slowdown, the inflation rate in Italy is still high according to the latest ISTAT survey for February 2023. The consumer price index, in fact, shows a year-on-year increase of 9.1 per cent.

The RepTrak Company's Global RepTrak 100 has been published and is the definitive ranking and analysis of corporate reputation for the world's leading companies.

Italy has a bonus for almost everything these days, from doing up your home to making it more environmentally friendly, to its baby bonus and payouts to help with the cost of living crisis.

According to recent Istat data on inflation in Italy in 2023, more precisely in February, the national consumer price index for the entire population increased by 0.2% on a monthly basis and 9.1% on an annual basis, compared to 10.0% in the previous month.

Italy's 2023 Budget Law has changed the way IMU rates are published and made effective, which until now were considered tacitly confirmed from year to year. With the new rules, this will no longer be the case, which is causing concern in Italian municipalities.

IMU is an acronym for "Imposta Municipale Unica" in Italian, which translates to "Single Municipal Tax." and corresponds to Municipal Property Tax.

The rising prices of many household expenses in Italy, with electricity and gas being the most notable, make it necessary to take action at home to keep costs down. The home improvement experts at Habitissimo have shared their tips and ideas for saving money that can be applied throughout the year.

The Meloni government is working on the 2023 tax reform in Italy, the draft of which should be ready between the end of February and the beginning of March.

Italy's unemployed mothers' bonus (also known as the municipalities' maternity allowance) has been confirmed for 2023.

The average increase in fixed salaries in Italy in 2022 was 3%. But what is the current inflation rate in Italy? Italy is ending 2022 with inflation estimated at 7%, something which drastically affects this growth figure and brings the real salary of employees in Italy down by 4%.

Italy continues to undergo changes with its new government and proposed amendments to the country's Budget Law, where the details of Italy's 2023 pet bonus has been announced.

Have you fallen in love with Italy, its architecture, its lifestyle and its people? If you are thinking of buying a property in Italy, you must take into account the purchase taxes among the costs to be borne, keeping in mind that the property price isn't the only thing you have to pay.

Italy's well known Superbonus 110% is changing again under the new Meloni government. According to the latest news, Italy's new Prime Minister is considering a rate reduction and a possible extension of the deadline.

On 27th October 2022, the ECB once again increased interest rates by a further 0.75 per cent, bringing the total cost of money to 2 per cent, a level not seen for a very long time. What does this mean for mortgage repayments in Italy?

Italy's new electric car incentives for 2023 are official. The decree approved by the government is part of the fund earmarked for the automotive sector, i.e.

Giorgia Meloni is officially the new Prime Minister of Italy. But who is Meloni in Italy?