Italy expects to sell Monte dei Paschi after restructuring
By Giuseppe Fonte and Valentina Za ROME – Rome expects to return Monte dei Paschi di Siena into private hands only after the bailed-out lender completes restructuring steps it is…
By Giuseppe Fonte and Valentina Za ROME – Rome expects to return Monte dei Paschi di Siena into private hands only after the bailed-out lender completes restructuring steps it is…
ROME -Italy will need at least three years to completely replace its gas imports from Russia with other energy sources, Ecological Transition Minister Roberto Cingolani said on Wednesday. Rome imports…
MILAN – Stellantis will produce its best-selling Fiat Panda small car at its Pomigliano plant in southern Italy until 2026, metal workers unions said on Thursday after the carmaker met…
By Gavin Jones ROME – Italian industrial output posted its steepest fall for more than a year in January, data showed on Wednesday, as the growth outlook for the euro…
ROME – The recent surge in energy prices will reduce Italy’s economic growth this year by around 0.7 percentage points, national statistics institute ISTAT estimated on Wednesday. In its monthly…
ROME – Italian banks were instructed by the Bank of Italy’s financial intelligence division on Friday to urgently let it know of all measures taken to freeze the assets of…
MILAN – The Bank of Italy said on Tuesday it would remove a number of relief measures on banking requirements that had been introduced to help lenders through the COVID-19…
Italy allegedly managed to secure a carve-out of one of its biggest industries in the sanctions the European Union levied on Russia, The Telegraph reported Friday. “Italian prime minister Mario…
MILAN – Italy will support any European Union line on sanctions against Russia in response to Moscow’s invasion of Ukraine, including measures on the SWIFT global payment system, Prime Minister…
MILAN – A Milan appeals court has acquitted Stefania Truzzoli, former chief operating officer at BT Italy, of alleged false accounting at the Italian unit of British Telecom in 2015…
ROME – Italy must reduce its reliance on gas imports from Russia and is ready to take further measures to protect consumers from rising energy prices after the invasion of…
MILAN – CNH Industrial does not plan to downsize operations in Italy, the head of the Italian-American vehicle maker was quoted as saying on Thursday. Chief Executive Scott Wine also…
– Italian EU-harmonised consumer prices (HICP) remained flat month-on-month in January and were up 5.1% from the year earlier, official statistics agency ISTAT said on Tuesday, revising down preliminary data.…
By Giuseppe Fonte and Gavin Jones ROME -Italy’s government on Friday approved measures worth around 6 billion euros ($6.81 billion) to help consumers and firms hit by a rise in…
ROME – Italy’s government will bring forward urgent measures to remedy problems with subsidies offered for energy efficiency and anti-earthquake work on buildings, Industry Minister Giancarlo Giorgetti said on Thursday.…
By Giuseppe Fonte and Gavin Jones ROME – Italy is working on a reform to make it easier for workers to retire early without bloating what is already Europe’s second…
MILAN – Russian President Vladimir Putin has told Italy that Russia is ready to increase its gas supplies to the country if needed, the Russian ambassador to Italy Sergey Razov…
MILAN – Italian fashion company OTB said on Thursday that last year’s 16% rise in revenue to pre-pandemic levels would boost its organic growth plans after the group bought German…
ROME – Italy has rejected a request by Venezuela for the extradition of Rafael Ramirez, a once powerful oil minister and former head of state oil company Petroleos de Venezuela,…
MILAN – Management at carmaker Stellantis has confirmed its commitment to preserve jobs and plants in Italy despite the early repayment of a 6.3 billion euro ($7.03 billion) state-backed loan,…
ROME – Carmaker Stellantis said on Friday its unit FCA Italy and other Italian subsidiaries had repaid a 6.3 billion euro ($7 billion) loan to Italy’s top lender Intesa Sanpaolo.…
MILAN – Stellantis is preparing to early repay a 6.3 billion euros ($7 billion) loan backed by Italian government its predecessor Fiat Chrysler obtained at the peak of a COVID-19…
By Valentina Za MILAN -Italian lender UniCredit has signed an agreement with unions for 1,200 voluntary job cuts to be partly offset by 725 new hires, the country’s biggest banking…
By Stephen Jewkes MILAN – A meeting between Russian President Vladimir Putin and the heads of some of Italy’s top companies to boost business ties between the two countries is…
Sebastian Hughes on January 6, 2022 Italy now obligates every adult over 50-years-old to be vaccinated against COVID-19, The Guardian reported. The measure was passed unanimously by the Council of…