By the end of September 2026, Luxembourg's state revenue saw a significant increase, reaching €23.9 billion. This marks a 9.9% rise compared to the same period in the previous year, primarily driven by robust tax collections. Notably, corporate income tax revenue surged to €3.3 billion, reflecting a 21.4% increase, while the solidarity tax revenue rose by 9.1% to €610 million. Additionally, the newly implemented...
In the second quarter of 2026, Italy's economy experienced modest growth, with its Gross Domestic Product (GDP) increasing by 0.2% compared to the previous quarter. This growth aligns with earlier estimates and marks a 1.0% year-on-year increase in GDP. The positive economic performance was primarily driven by a 0.2% rise in both household and nonprofit consumption, as well as gross fixed investment.
During this period,...
