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Giuseppe Fonte

Alitalia rescue hopes rise as Lufthansa looks set to step in

17 Oct 2019

BERLIN/ROME Alitalia's rescue hopes received a boost on Thursday with signs that Lufthansa could take a stake in the Italian carrier, while Rome agreed to a 350 million euro ($389 million) bridging loan to ease immediate cash worries.

Italy's cabinet approves 2020 budget that cuts taxes, targets evaders

16 Oct 2019

ROME Italy's government approved a draft 2020 budget that cuts taxes for middle-earners and aims to crack down on tax evaders, while holding the deficit at the same level as this year.

Italy readies 'web tax' in its 2020 budget: sources

14 Oct 2019

ROME Italy is readying a new tax on digital companies in its 2020 budget, as it seeks alternative revenues that will allow it to scrap a scheduled increase in sales tax, two coalition sources told Reuters on Monday.

LSE told Italy it won't move bond trading platforms: central bank source

11 Oct 2019

MILAN/ROME London Stock Exchange has given assurances to Italy that it plans to continue investing in its Italian trading platforms and does not intend to move them out of the country, a Bank of Italy source said on Thursday.

LSE Group considers overhaul of MTS business in Italy -sources

10 Oct 2019

MILAN/ROME, Oct 10 London Stock Exchange is mulling an overhaul of its Italian business MTS ahead of a potential merger with data provider Refinitiv, two Italian sources with knowledge of the situation said on Thursday.

Italy raises $7 billion with first U.S. dollar bond since 2010

09 Oct 2019

LONDON/ROME Italy raised $7 billion on Wednesday with its first U.S. dollar bond in nearly a decade, a move that helps to diversify funding sources for the world's third-biggest public debtor.

Italian parliament votes to scrap hundreds of seats at next election

08 Oct 2019

ROME Italy's parliament voted on Tuesday to cut the number of elected lawmakers by more than a third, approving a reform championed by the anti-establishment 5-Star Movement that could profoundly impact the political landscape.

Italy to unblock frozen funds, pushing up 2019 deficit

03 Oct 2019

ROME Italy has lifted a block on 2019 spending that was agreed by the previous government with the European Commission, in a surprise move that will result in a higher deficit this year but which means the budget gap will not widen in 2020.

Italy scales back privatisation plans after dismal 2019 effort

01 Oct 2019

ROME, Oct 1 Italy's ambitious privatisation programme for 2019 has proved a flop, with the new coalition government also now scaling back sell-off plans for the coming years.

Italy lifts deficit goals, but seeks to avoid EU fight

01 Oct 2019

ROME The Italian government slightly raised the country's budget deficit target for 2020 on Monday, looking to head off a programmed hike in value-added taxes while avoiding renewed tensions with the European Union.

World News

White House acknowledges strings attached in Trump withholding Ukraine aid

President Donald Trump's withholding of $391 million in military aid to Ukraine was linked to his request that the Ukrainians look into a claim - debunked as a conspiracy theory - about the 2016 U.S. election, a senior presidential aide said on Thursday, the first time the White House acknowledged such a connection.