Italy

Results for Italy

Italy’s Monte Paschi Discussing Capital Options With Government

Italy’s Treasury has not ruled out extending repayment deadlines on hundreds of millions of euros in state aid to help troubled lender Banca Monte dei Paschi di Siena as it struggles to raise fresh capital, according to sources, the Irish Times repor ...

Daily Headline - global.abi.org - 10/28/2014 - 23:03 - 0 comments

Italy, France Back Off From Budget Clash With Brussels

Italy and France backed away from a clash with the European Commission over their 2015 budgets on Monday by pledging extra measures to cut their deficits, The Wall Street Journal reported. The move comes after the commission, the European Union’s exe ...

Daily Headline - global.abi.org - 10/27/2014 - 22:09 - 0 comments

Italian Banks Are the Weakest Performers in E.C.B. Review

represented only 0.2 percent of Italy’s gross domestic product, and that Italian banks underperformed only in ...

Daily Headline - global.abi.org - 10/26/2014 - 18:39 - 0 comments

UniCredit, Italy’s Biggest Lender, To Dispose Of More Than €5 Billion In Bad Loans

The trickle of toxic debt being sold by Italian banks is turning into a torrent as UniCredit prepares to announce the disposal of more than €5 billion in bad loans to private equity investors, the Irish Times reported. UK group AnaCap Financial Partn ...

Daily Headline - global.abi.org - 10/15/2014 - 22:15 - 0 comments

Italy's Lucchini To Ask India's JSW Steel To Lift Its Offer

Troubled steelmaker Lucchini said on Tuesday it planned to ask India's JSW Steel to raise its offer of less than $100 million for the Italian company's core assets in Piombino on the Tuscan coast, Reuters reported. Lucchini, Italy's second ...

Daily Headline - global.abi.org - 10/14/2014 - 22:05 - 0 comments

Italy to Remain in Recession This Year, Says IMF

completed at the end of August after bilateral consultations with Rome, the IMF forecast a 0.1% drop in ...

Daily Headline - global.abi.org - 09/18/2014 - 21:39 - 0 comments

Italy Calls For New Benchmarks To Measure Reforms

Italy is pushing for new rules to monitor economic reforms across the eurozone, in an attempt to reassure other European countries of its commitment to tackling its biggest structural problems and rally them towards greater flexibility on budgetary polic ...

Daily Headline - global.abi.org - 09/07/2014 - 21:41 - 0 comments

Italy Court Upholds U.S. Ruling On Parmalat Damages To Citibank

An Italian court has upheld a ruling by a U.S. court for Italy's Parmalat to pay Citibank $431 million in damages in a case relating to the dairy group's bankruptcy more than 10 years ago, lawyers for the U.S. bank said on Thursday, Reuters rep ...

Daily Headline - global.abi.org - 09/04/2014 - 20:44 - 0 comments

Italy Slips Back Into Recession in Second Quarter

euro zone's third-largest economy dropped 0.2 percent in the second quarter of 2014 from the ...

Daily Headline - abi_admin - 08/06/2014 - 13:30 - 0 comments

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

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