
AI-generated summary
The debate concerns the taxation of windfall profits made by energy companies due to price increases.
"From the Commission's point of view, we believe that Member States are best placed to take measures on the taxation of extra profits of energy companies." The European Commissioner for Economy Valdis Dombrovskis said this, responding to a question on the possible presentation of a European legislative proposal and the related timing.
“We actually had a discussion,” he explained. “At the same time, we agreed to set up a working group to address this issue, share best practices and, in a way, help and assist member states in this work.”

The Revenue Agency launches a rapid VAT recovery procedure for those who have issued invoices but have not submitted the declaration. Taxpayers have 60 days to clarify or pay, under penalty of registration and forced collection.

Tata Motors has increased its takeover offer on Iveco to 14.40 euros per share, calling it final. The increase of 30 cents, for a total outlay of 3.91 billion, is due to the extended times for the necessary authorizations.

The president of Fincantieri, Biagio Mazzotta, outlines the strategy for greener and digital ships, focusing on hydrogen, maritime nuclear, artificial intelligence and robotics to improve efficiency and safety.

The Milan Stock Exchange closes up by 0.91%, driven by Fincantieri and Amplifon. The BTP-Bund spread is down to 109 points. Market focus on banks and consolidation operations, with Unicredit in the spotlight.

China and the European Union have reached an agreement on the trade of hybrid cars compliant with WTO rules, as announced by the Chinese Ministry of Commerce.

Ecofin has reached a political agreement on the supervision of EU markets for capital integration and competitiveness. Italian minister Giancarlo Giorgetti calls it a great political success.