Economia e Finanza

Storie piu recenti

• Italian Government Cuts Culture Budget by €147M While Announcing €30M Library Fund economy-finance

  Italian Minister of Culture Alessandro Giuli announced a 'Piano Olivetti per la Cultura' with €30 million for libraries, especially in peripheral and underdeveloped areas, at the…

• Fast Fashion's Dark Heart: Speed, Low Cost, and Unchecked Growth economy-finance

  The fast fashion sector is experiencing significant growth, fueled by its emphasis on quick production and affordability, often imitating high-end brands. In China, the central…

• Saudi Arabia's Gaming Investment Strategy and Italy's Missed Opportunity economy-finance

  Saudi Arabia has launched a major strategy to invest in the video game industry, acquiring a 5% stake in Nintendo and aiming to generate up to 1% of its national GDP, produce at…

• Luxury fashion industry faces severe downturn in 2024 economy-finance

  Since the latter half of 2023, the luxury fashion sector has been experiencing a downturn, with no signs of recovery on the horizon. The post-Covid excitement has diminished,…

• Italian Culture Ministry Faces HR Crisis with 12,000 Employees Unpaid economy-finance

  The Italian Ministry of Culture (MiC) is struggling with a human resources crisis, as reported by a union statement warning of delayed payments affecting approximately 12,000…

• Italy's Cultural and Creative Industries Lag Behind European Peers economy-finance

  In 2022, Italy had 74,505 cultural and creative enterprises (CCIs), ranking fifth in the EU behind Germany, Spain, the Netherlands, and France, which had nearly 138,000. Italy…

• Fashion and Finance: The Blurring Lines Between Couture and Capital economy-finance

  The hybridization of fashion and finance has reached unprecedented intensity in early 2024, as evidenced by the Milan and Paris fashion weeks. Luxury conglomerates like Kering,…

• €1.2M Transfer from Uffizi to Capodimonte Raises Questions economy-finance

  A decree dated February 13, 2025, mandates the transfer of €1.2 million from the budget of the Gallerie degli Uffizi in Florence to the Museo e Real Bosco di Capodimonte in…

• Cultural enterprises need tailored financial planning and credit access economy-finance

  Cultural enterprises in Italy face challenges accessing credit due to a lack of financial planning and inadequate understanding by banks. While public funds from the Ministry,…

• FGV Launches First Academic Seminar on Art Market Economics economy-finance

  On September 21, the I Seminário Acadêmico de Economia do Mercado da Arte will take place at Fundação Getulio Vargas (FGV), building on a study group established in 2016 by…

• Criticism of Italy's Made in Italy Bill: Insufficient for Fashion Industry economy-finance

  On May 31, the Italian Council of Ministers approved the 'Made in Italy' bill, allocating a sovereign fund of one billion euros to promote sectors including wood-furniture,…

• Italian Tax Reform Could Transform Art Market with New Capital Gains and VAT Rules economy-finance

  The Italian Council of Ministers has approved a draft delegated law for tax system reform that could significantly impact the art market. The reform introduces capital gains…

• Impact4Art: impact investing per le imprese culturali italiane economy-finance

  Nel 2020, circa la metà dei 94.687 spazi culturali attivi in Italia non ha organizzato eventi, portando a una perdita di 33.000 posti di lavoro, ovvero il 5,2% del personale del…

• Global cultural tourism to hit $12 billion by 2028, led by Europe and Italy economy-finance

  Cultural tourism has surged past the pandemic, with a 58% increase in 2022 over 2021, according to research by Fondazione Città Identitarie. GlobeNewswire forecasts the sector…

• Italian Bonus Pubblicità 2022: Last Weeks to Claim Tax Credit for Advertising economy-finance

  The Italian government's Bonus Pubblicità, a tax credit for advertising expenses introduced in 2017, is in its final weeks for the 2022 tax year. The measure, intensified by the…

• Energy crisis threatens European museums, but some find sustainable solutions economy-finance

  Soaring energy prices across Europe, with increases up to 500% in England, are putting museums under severe financial strain after two years of pandemic losses. In Italy, the…

• Germany Increases Culture Budget by 7% to €2.3 Billion for 2022 economy-finance

  The German government has allocated €2.3 billion for culture in 2022, a 7% increase (€148 million) over the previous year. Culture Minister Claudia Roth stated the funds aim to…

• Macron's Fashion Industry Ties: Louis Vuitton, LVMH, and French Economic Policy economy-finance

  Emmanuel Macron's connection to the French fashion sector is intertwined with his economic strategies. Throughout his initial term, he opted for budget-friendly jackets as a nod…

• UK doubles emergency arts funding to £60 million amid Omicron crisis economy-finance

  The UK government has doubled emergency arts funding to £60 million through the Culture Recovery Fund, allocating an additional £30 million to museums, cinemas, theatres, and…

• Italian Cultural Export Growth: SACE Report Highlights 23% Service Export Rise economy-finance

  A SACE report on Italian exports reveals that service exports in 2023 are projected to grow 23% compared to 2017, versus 13% for goods. Although the nominal value of service…

• Italy's 2022 Budget Allocates €1 Billion for Culture economy-finance

  The Italian Council of Ministers approved the 2022 Budget Law, allocating €1 billion to culture out of a total €23 billion package. Key measures include €110 million for the…

• UK Government Considers Capping Creative Arts University Places economy-finance

  The UK Treasury, under Boris Johnson, is considering limiting student numbers in creative arts and other low-earning degree programs as part of spending review negotiations. The…

• Italian Sostegni bis Decree: New Support for Cinema, Theaters, and Museums economy-finance

  Italy's Sostegni bis decree allocates additional €1,600 to 43,000 entertainment workers, with €210 million for emergency funds including €20 million for state museums, €45 million…

• Italy's Recovery Plan allocates over €6 billion to culture economy-finance

  Italy's National Recovery and Resilience Plan (PNRR), presented by Prime Minister Mario Draghi at Montecitorio, allocates over €6 billion to culture. The total sum of €6.675…

• Italy's New Tax Credit Cinema Decree Raises Rates to 40% economy-finance

  On February 5, 2021, Italy implemented Interministerial Decree No. 70, which updates the cinema tax credit framework established by the 2021 Budget Law (Law No. 178 of December…

• New York report reveals 66% drop in arts employment due to pandemic economy-finance

  A report from the New York State Comptroller's Office documents the devastating impact of COVID-19 on New York City's arts and culture sector. Before the pandemic, from 2009 to…

• Germany allocates €1 billion to support cultural sector during pandemic economy-finance

  The German government has announced a second tranche of €1 billion in funding for the cultural industry, as part of its Culture New Start program. The announcement was made by…

• GameStop: Decentralized Collective Action Shakes Financial Markets economy-finance

  The GameStop stock phenomenon, driven by the Reddit forum WallStreetBets, represents a landmark event in decentralized collective action. Users coordinated to buy shares of the…

• Recovery Fund: investire in spazi vuoti per rigenerare le città economy-finance

  L'articolo analizza come l'Italia dovrebbe utilizzare i fondi del Recovery Fund, sottolineando la necessità di investire in spazi urbani vuoti per generare economia reale. Si…

• Italy's 2021 Budget Law Creates €20M Fund for Creative SMEs economy-finance

  Italy's Budget Law for 2021 (Law No. 178/2020) allocates €20 million for the years 2021 and 2022 aimed at aiding small and medium-sized creative businesses. This fund, overseen by…

• Italy's 2021 Budget Law Allocates €40 Billion with Major Cultural Sector Investments economy-finance

  The Senate has passed Italy's 2021 Budget Law (Manovra 2021) with a vote tally of 156 in favor and 124 opposed, designating €40 billion across various sectors, including culture.…

• Italy allocates €22M to support art publishing and museum services economy-finance

  Italian Minister of Culture Dario Franceschini signed a decree allocating €22 million to support specialized art and tourism publishing, as well as providers of guide, audioguide,…

• Italy allocates additional €15M for canceled art exhibitions due to COVID-19 economy-finance

  An extra €15 million has been designated by the Italian Ministry of Cultural Heritage and Activities and Tourism (MiBACT) to compensate organizers of art exhibitions that were…

• German economist warns second lockdown would devastate cultural sector economy-finance

  As France enters a new lockdown from October 29 and Germany debates a 'light' lockdown starting November 4, German economist Michael Huether, director of the Institut der…

• Italy's 2021 Budget Allocates €600M Annually for Cinema and Culture Amid COVID-19 economy-finance

  On October 18, 2020, a DPCM was released by the Italian government, introducing more stringent anti-COVID protocols. The measures allow theaters and cinemas to operate with…

• Italian Government Launches €850M Urban Regeneration Fund economy-finance

  The Italian government has issued a decree allocating €850 million for urban regeneration and suburban recovery projects in municipalities and regions with over 60,000…

• Germany allocates €16 million fund to support galleries hit by pandemic economy-finance

  Germany has launched a €16 million support program for art galleries under its NEUSTART KULTUR initiative, aimed at mitigating the economic fallout from the pandemic. Galleries…

• Italy launches €2 billion National Tourism Fund to revive historic hotels economy-finance

  Cassa Depositi e Prestiti (CDP) has approved the creation of the National Tourism Fund (FNT), mobilizing up to €2 billion to revitalize Italy's historic and iconic hotels. The…

• Italy Allocates €20 Million for Art Exhibitions Disrupted by Pandemic economy-finance

  On September 3, 2020, the Italian Directorate General of Museums published a public notice detailing the allocation of €20 million from the Emergency Fund for Cultural Enterprises…

• Italy approves €3B package for tourism and culture amid COVID-19 economy-finance

  The Italian government approved a €3 billion package to support tourism and culture, announced by Minister Dario Franceschini. Measures include tax relief for tourism businesses,…