ROME The Italian government approved a package of measures on Tuesday aimed at cutting the complicated red tape that has long been blamed for crimping growth in the euro zone's third-largest economy.
MILAN/ROME The Italian Parliament gave the green light on Friday to a package of incentives to encourage sales of state-of-the-art combustion engine cars as well as electric and hybrid vehicles, two lawmakers told Reuters.
ROME/MILAN Banca Monte dei Paschi di Siena is exploring merger options, including with Banco BPM, while Italy's Treasury Ministry has drafted a decree to sell its controlling stake in the bailed-out bank, two sources told Reuters.
ROME Italy will raise its 2020 budget deficit to around 11.6% of gross domestic product from the current 10.4% goal, a senior government official told Reuters, as Rome readies new measures to soften the impact of the coronavirus crisis.
ROME Italy's ruling parties plan to increase the powers available to market regulator Consob to shield the country's stock exchange, according to draft legislation seen by Reuters.
ROME, June 28 Italy's ruling parties plan to
increase the powers available to market regulator Consob to
shield the country's stock exchange, according to draft
legislation seen by Reuters.
ROME, June 24 Italy has approved a decree
offering state guarantees for a 6.3-billion euro ($7.1 billion)
loan to Fiat Chrysler's (FCA) Italian unit, the
Treasury said on Wednesday, paving the way for the largest
crisis loan to a European carmaker.
MILAN The Italian government has launched a new attempt to break a stalemate with Benetton-led Atlantia over the group's motorway concession, but a solution to the long-running dispute remains elusive, three sources said on Wednesday.
ROME Italy is preparing a new spending package worth 15-20 billion euros to help its battered economy through the coronavirus crisis, which will push its budget deficit beyond 11% of national output, a government source told Reuters.