Italy

Results for Italy

Italy's Savona Seeks Euro Zone Debt Restructuring, Backed by ECB

Italy wants the public debt of all euro zone states to be brought below 60 percent of gross domestic product, via a long-term restructuring underwritten by the European Central Bank, its European Affairs Minister wrote. The proposal was made in a paper p ...

Daily Headline - global.abi.org - 09/20/2018 - 00:07 - 0 comments

Italy Faces Crunch Time on Budget

Italy’s new populist government is facing a difficult decision: How to reconcile its expensive election promises with the reality of the country’s fragile finances. It is a test of whether Europe’s rising antiestablishment parties can bring change to cou ...

Daily Headline - global.abi.org - 09/20/2018 - 00:08 - 0 comments

Italy's Prosecutors Give League Decades to Repay Party Funds

Italian prosecutors said on Tuesday the far-right League can repay some 45 million euros ($53 million) it owes the state over the next 75 years, saving the governing party from possible bankruptcy, the International New York Times reported on a Reute ...

Daily Headline - global.abi.org - 09/18/2018 - 21:53 - 0 comments

Italy’s Rising Nationalists Have a Money Problem

Italian nativist politician Matteo Salvini, whose popularity has surged since he became interior minister in June, has hit his first setback. His anti-immigration League party faces possible bankruptcy from a penalty assessed for past corruption. Mr. Sal ...

Daily Headline - global.abi.org - 09/17/2018 - 00:04 - 0 comments

Italian Industrial Production Widely Misses Expectations in July

decrease in output, far more than the 0.4 per cent dip forecast in a Thomson Reuters poll. Italy is not the ...

Daily Headline - global.abi.org - 09/12/2018 - 23:45 - 0 comments

Italy Reassures Brussels It Will Work to Reduce Public Debt Burden

Brussels said it has received assurances from the Italian government that it will work to bring down the country’s high level of public debt, in the latest step by Rome to ease EU concerns about its spending plans, the Financial Times reported. Valdi ...

Daily Headline - global.abi.org - 09/09/2018 - 20:22 - 0 comments

Italy Heads for Budget Showdown With EU

Since Italy’s coalition government took power, its first budget plans have loomed as the likely trigger for a showdown between Rome and Brussels. The anti-establishment Five Star party and anti-migrant League campaigned on a platform of expensive policie ...

Daily Headline - global.abi.org - 09/05/2018 - 22:32 - 0 comments

Bond Market Faces Italian Debt Supply Test

Italy has less than three months to raise the bulk of its remaining annual financing needs — amounting to about €63bn in fresh debt — as its bond sales programme lags behind those of other big eurozone sovereigns, the Financial Times reported. The na ...

Daily Headline - global.abi.org - 09/04/2018 - 00:02 - 0 comments

Italy Bond Traders Aren’t Sitting and Waiting for the Next Storm

Three months after the political imbroglio around forming a populist government roiled Italian assets, bond investors are contemplating a fresh hurdle: its first budget, due next month. The big risk is that the euroskeptic Five Star Movement-League coali ...

Daily Headline - global.abi.org - 08/30/2018 - 01:02 - 0 comments

Budget Uncertainty Keeps Italy Out of European Rally

Uncertainty in the run-up to Italy’s budget in October is leaving the country’s assets looking exposed. As the populist coalition government prepares its first finance bill, there is once again an uneasy tone to trade, keeping the FTSE MIB out of a broad ...

Daily Headline - global.abi.org - 08/29/2018 - 00:36 - 0 comments

Syndicate content