ROME, March 20 Italy is looking to build on its
economic and commercial ties with China by becoming the first
Group of Seven major industrialised nation to borrow in the
Chinese $12 trillion bond market.
ROME Italy will approve a decree in the next few days to renew a state-backed guarantee scheme designed to help banks offload bad loans, two sources close to the matter told Reuters on Wednesday.
ROME, Feb 21 Italy's far-right Brothers of Italy
party has presented a bill in parliament calling for the
nationalisation of the Bank of Italy, putting its value at a
tiny fraction of its official share capital.
ROME Italy's state lender CDP has decided to raise its stake in Telecom Italia, a move that could pave the way for a possible merger of the phone group's fixed line network with that of smaller rival Open Fiber.
ROME A planned Franco-Italian railway link is a waste of public money, Italy's transport ministry said on Tuesday in a report that will heighten tensions within the government and could further damage frayed ties with Paris.
ROME Italy aims to decide by the end of May whether to complete a high-speed rail link to France, Transport Minister Danilo Toninelli told Reuters, predicting agreement within the government on a plan that has divided its coalition parties.
MILAN/ROME Three managers at Autostrade per l'Italia, and three former managers, were found guilty of manslaughter on Friday over the deaths of 40 people in a 2013 accident on one of the company's motorways, while CEO Giovanni Castellucci was acquitted.
MILAN/ROME Italy's Popolare di Bari will try to raise up to 500 million euros ($577 million) from investors to shore up its balance sheet, a source familiar with its thinking said.
MILAN/ROME, Jan 10 Italy's Popolare di Bari will
try to raise up to 500 million euros ($577 million) from
investors to shore up its balance sheet, a source familiar with
its thinking said.
ROME/MILAN The Italian government approved a decree aimed at shoring up troubled lender Banca Carige , offering it access to a series of state-support options including recapitalization.