She also said it was key for banks to behave as correctly as possible
PHOTO
ROME - Italy has decided to apply a windfall tax on banks to target their "unjust" margins on interest rates, Prime Minister Giorgia Meloni said on Wednesday in a Facebook video.
She also said it was key for banks to behave as correctly as possible, given the difficult economic circumstances, with weak growth, high inflation and rising interest rates.
(Reporting by Angelo Amante, writing by Francesca Piscioneri, editing by Alvise Armellini)
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
