Results for Italy
- UniCredit CEO Says Banks Agree On Alitalia Debt Restructuring
Creditor banks of Alitalia have reached agreement on how to share the burden of a debt restructuring for the Italian airline, UniCredit Chief Executive's Federico Ghizzoni said on Monday, Reuters reported. The green light from the banks, together wi ...
Daily Headline - global.abi.org - 07/14/2014 - 19:53 - 0 comments
- ArcelorMittal Plans To Acquire Italian Steelmaker Lucchini
ArcelorMittal is looking into making an offer for Italy’s second biggest steel producer Lucchini, and a proposal is expected to be made later in July, GantDaily.com reported. Lucchini was placed under “special administration” after it was declared insolv ...
Daily Headline - global.abi.org - 07/06/2014 - 21:57 - 0 comments
- Italian Leader Presses His Case for Budget Relief in Europe
The presidency of the European Union is largely ceremonial, rotating every six months among the bloc’s 28 nations. But Prime Minister Matteo Renzi of Italy means to use its new presidency as a platform from which to seek relief for his country’s debt-sad ...
Daily Headline - global.abi.org - 07/02/2014 - 23:08 - 0 comments
- After A Decade, Parmalat Lawsuit Vs Grant Thornton In U.S. Is Back
A federal appeals court in Chicago said auditor Grant Thornton LLP must again face a lawsuit over its alleged role in the collapse of Italian dairy company Parmalat SpA, while lamenting that its decision puts the nearly 10-year-old case on the brink of s ...
Daily Headline - global.abi.org - 06/25/2014 - 22:17 - 0 comments
- Renzi Leads Centre-Left Drive To Loosen Eurozone Fiscal Rules
Europe’s centre-left leaders, led by Italy’s Matteo Renzi, are pushing for a loosening of the EU’s tough budget rules as the price for their support of Jean-Claude Juncker to be the next European Commission president, a drive that risks reopening the deb ...
Daily Headline - global.abi.org - 06/19/2014 - 23:05 - 0 comments
- Shift Emerges in Europe on Focus on Austerity
France and Italy, still struggling to meet the euro zone’s tough budget targets, may be gaining support for an effort to relax the rules, the International New York Times reported. The effort, backed by Socialists in the newly elected European Parlia ...
Daily Headline - global.abi.org - 06/18/2014 - 22:24 - 0 comments
- Italy Asks Arcelormittal To Invest In Troubled Steel Plant
The Italian government has asked ArcelorMittal SA to consider investing in or buying troubled Italian steel producer Ilva, the chief executive officer of the world's largest steelmaker said on Tuesday, Reuters reported. "We have been invited by ...
Daily Headline - global.abi.org - 06/17/2014 - 22:40 - 0 comments
- Alitalia’s Board Agrees to Cash Infusion From Etihad of Abu Dhabi
Facing the prospect of bankruptcy for the second time in five years, the board of Italy’s troubled flagship airline, Alitalia, agreed on Friday to a strategic partnership that would give a stake of up to 49 percent to the state-owned Abu Dhabi carrier Et ...
Daily Headline - global.abi.org - 06/15/2014 - 21:49 - 0 comments
- Draghi Says Renzi Can’t Limit Bank of Italy Officials’ Salaries
Prime Minister Matteo Renzi’s government can’t impose a cap aimed at reining in state salaries on Bank of Italy officials’ pay as that would compromise the independence of the institution, European Central Bank President Mario Draghi said, Bloomberg News ...
Daily Headline - global.abi.org - 06/10/2014 - 21:56 - 0 comments
- ANSA/Alitalia Set For Painful Restructuring
Italian carrier Alitalia is in for some "painful and arduous" restructuring but should see a deal with Etihad Airways in a matter of weeks, the airline's chief executive officer said Monday, Gazzetta del Sud reported. Gabriele Del Torc ...
Daily Headline - global.abi.org - 06/09/2014 - 21:18 - 0 comments