AGP Executive Report
Last update: 30 minutes agoVAT & Customs Watch: Italy has revised the VAT taxable base rules for barter transactions from 1 January 2026, moving to a contract value approach but with a cost-based minimum safeguard, after concerns over the earlier “normal value” method and lack of transition for existing deals. Defense & Geopolitics: Italy’s Calabria keeps Cuban doctors in place despite US pressure to end the program, highlighting how healthcare staffing gaps are shaping policy in southern Italy. Finance & Banking: UniCredit’s push to control Commerzbank is still not “fully over the line,” with analysts watching whether the €44bn all-share deal clears remaining hurdles. Energy & Industry: Eni Storage Systems is building a battery hub in Brindisi as Europe accelerates BESS and storage capacity. Business & Regulation: Italy fines Character.AI over age-check and privacy failures, adding to the compliance pressure on digital firms.
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