Spanish banks leave up to 2% after the Italian bank tax

MADRID, 8 Ago.

Spanish banks leave up to 2% after the Italian bank tax

MADRID, 8 Ago. (EUROPA PRESS) -

Spanish banks left up to 2% in the early stages of the session on Tuesday after the Italian government gave the 'green light' to the creation of a 40% tax on extraordinary bank profits.

Specifically, around 10:30 a.m., banks led the falls in the Ibex 35, which lost 0.4%, led by Santander (-2.11%), BBVA (-1.84%), Sabadell (- 1.33%), Unicaja (-1.27%), Caixabank (-0.87%) and Bankinter (-0.86%).

The main European stock markets were also trading negatively, including the Milan Stock Exchange, which fell 1.6% after the Italian government's announcement.

The decision of the Italian Executive has also caused falls in Italian banks, including Intesa Sanpaolo (-7.48%), Unicredit (-5.7%) and Banca Mediolanum (-3.75%), BPER Banca (- 8.2%) and Banca Monte dei Paschi di Siena (-6.9%).

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