EU finance ministers agree Italy should face debt action

Finance ministers from the world’s most developed economies said on Wednesday they hoped to agree on an overhaul of the way multinationals are taxed as well as on a minimum tax rate by the end of the year......»»

Thursday’s top personal finance stories.....»»

Thursday’s Personal Finance Stories......»»

Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world's poorest countries through the end of the year, a move quickly matched by a group of hundreds of private creditors......»»

European Central Bank President Christine Lagarde asked eurozone finance ministers Tuesday to consider a one-off joint debt issuance of “coronabonds” to assist with the coronavirus pandemic, according to Reuters. read more.....»»

The head of the European Central Bank Christine Lagarde asked euro zone finance ministers at a videoconference on Tuesday evening to seriously consider a one-off joint debt issue of "coronabonds" to help fight the epidemic, two officials said......»»

Authored by Or Lokay Cohen via CoinTelegraph.com, The G-20 Summit in Japan brought 20 finance ministers and central bank governors to officially commit to implementing the guidelines of the Financial Action Task Force (FATF). The lack .....»»

Forget the trade war, debt, deflation, automation, and artificial intelligence: one of the most significant threats to the glob.....»»

European Union finance ministers took small steps towards deeper euro zone economic integration on Friday, but failed to agree on key aspects of a planned euro zone budget. Pascale Davies reports......»»

Finance Ministers at a Group of 20 meeting in Japan are agreed that minimum taxation is a good idea, German Finance Minister Olaf Scholz said on Saturday, adding that it would come......»»

It would be either illegal or useless for Italy to issue bonds to pay its suppliers as these notes would break European currency rules or add to the country's massive government debt, the Italian finance minister said on Saturday......»»

European Commission recommends legal action against Italy for failing to rein in debt......»»

The European Commission is recommending that legal action be taken against the Italy because it failed to respect EU debt rules last year and looks like doing so in coming years, too......»»

Two senior U.S. Treasury officials say finance ministers from several Latin American nations as well as the U.S. and Europe have agreed to work jointly to locate and seize assets arising from corruption by Venezuelan government insiders......»»

Two senior U.S. Treasury officials say finance ministers from several Latin American nations as well as the U.S. and Europe have agreed to work jointly to locate and seize assets arising from corruption by Venezuelan government insiders......»»

In the 135 days since the Trump administration took control of the nation's consumer watchdog agency, it has not recorded a single enforcement action against banks, credit card companies, debt collectors or any finance companies whatsoever......»»

Tecpro promoters face action under Section 66 of IBC for siphoning funds.....»»

Must-read business news, delivered every morning. Good Monday morning. The finance ministers of Canada, France, Germany, Italy, Japan and the U.K. teamed up against Treasury Se.....»»

Eurozone finance ministers have made a deal that paves the way to Greece’s graduation from its third bailout in August and provides some debt relief measures. But despite a pickup in the economy, Athens still faces big challenges......»»

Euro zone finance ministers have extended maturities and deferred interest of a major part of their loans to Greece along with a big cash injection to ensure Athens can stand on its own feet after it exits its bailout in August. Kate King reports......»»