Results for Italy
- Italy Considers Job 'Handoffs' to Young
Italy is considering allowing older workers to reduce their work hours while mentoring younger employees as a way to bring down youth unemployment, which is a growing scourge across Europe, The Wall Street Journal reported. Labor Minister Enrico Giov ...
Daily Headline - global.abi.org - 05/21/2013 - 21:56 - 0 comments
- Italy Takes First Steps in Reviving Economy
Italy's new government took its first concrete steps Friday, announcing some €3 billion ($3.86 billion) in economic measures aimed at offering relief to households and workers amid the country's longest postwar recession, The Wall Street Jour ...
Daily Headline - global.abi.org - 05/19/2013 - 20:49 - 0 comments
- Mid-Sized Italian Banks Face Big Bang For Want Of Bucks
A deepening recession and banking stress tests could find Italy's mid-sized lenders short of billions of euros, putting the state on the hook for a new wave of cash calls and triggering an overhaul of how they do business, Reuters reported in an ins ...
Daily Headline - global.abi.org - 05/16/2013 - 22:03 - 0 comments
- Italy Urged to Resist a Relapse in Spending
Italy is likely to join the elite club of euro-zone countries not subject to fiscal sanctions, but Rome has no room to loosen its purse strings to boost economic growth, international officials said on Thursday, The Wall Street Journal reported. Ital ...
Daily Headline - global.abi.org - 05/02/2013 - 22:05 - 0 comments
- France, Italy Join Hands Over Eurozone Crisis
France and Italy presented a united front Wednesday on the eurozone debt crisis amid deepening divisions over belt-tightening policies in the European Union as some countries reach breaking point, Agence France-Presse reported. French President Francois ...
Daily Headline - global.abi.org - 05/01/2013 - 21:36 - 0 comments
- Monte Paschi Prosecutors Seek Seizure of $2.4 Billion
Prosecutors in Italy are seeking to seize 1.8 billion euros ($2.4 billion) of assets from Nomura Holdings Inc. as part of an investigation into Banca Monte dei Paschi di Siena SpA’s use of derivatives to hide losses. Sadeq Sayeed, Nomura’s former Europea ...
Daily Headline - global.abi.org - 04/16/2013 - 21:12 - 0 comments
- EUROPEAN UPDATE: New Rules on DIP Financings in Italian Restructurings
EUROPEAN UPDATE: New Rules on DIP Financings in Italian Restructurings (citation: Adam Gallagher and Francesco Lombardo, New Rules on DIP Financings in Italian Restructurings, XXXII ABI Journal 3, 48-49, 102, April 2013) - Adam Gallagher and Francesc ...
Resource Article - abi_editor - 04/09/2013 - 16:58 - 0 comments - 0 attachments
- IMF: Banks Quickly Passed Italy's Debt Woes to Private Sector
Rising and volatile Italian government bond spreads caught domestic banks off guard and caused a credit crunch in the euro-zone's third-largest economy in late 2011, the International Monetary Fund concludes in a new study, The Wall Street Journal ...
Daily Headline - global.abi.org - 04/03/2013 - 21:43 - 0 comments
- Italian Investors Make New Offer For Pop Spoleto
A group of Italian investors is ready to stump up over 100 million euros to take control of small cooperative lender Banca Popolare di Spoleto, which was put under special administration this year, Reuters reported. The Clitumnus group of investors said ...
Daily Headline - global.abi.org - 04/02/2013 - 20:44 - 0 comments
- Italy's Prelios Approves Debt Restructuring, Capital Increase
Italian real estate management company Prelios said on Wednesday it approved a 561 million euro ($717 million) debt restructuring plan, as well as a 185 million euros capital increase, Reuters reported. The heavily indebted company manages properties in ...
Daily Headline - global.abi.org - 03/31/2013 - 21:29 - 0 comments