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Europe Top News and Analysis Italy

  • ROME— Alitalia is expected to start bankruptcy procedures after employees rejected proposed salary cuts and layoffs cuts aimed at saving Italy's financially troubled flagship airline. The company's board said Tuesday that "given the impossibility of recapitalization" it has decided to "begin procedures foreseen by law," a reference to extraordinary...

  • BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs Council meeting 0800 GMT. FRANKFURT, Germany- "Frankfurt Finance Summit 2017." STOCKHOLM- Meeting of the executive board of the Riksbank- 0800 GMT.

  • **FRANKFURT- Deutsche Bundesbank Executive Board Member Andreas Dombret speaks in Frankfurt. BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs Council meeting 0800 GMT.

  • ROME/ MILAN, April 24- Workers in loss-making Italian airline Alitalia rejected a management restructuring plan to cut jobs and salaries on Monday, betting that the government will be asked to call in an administrator to draft an alternative rescue plan. The flag carrier, owned 49 percent by Abu Dhabi- based Etihad Airways, has been bailed out repeatedly by...

  • ATHENS/ ROME, April 24- The Italian and Greek governments are counting on France's likely next president Emmanuel Macron to help them see off populist parties that blame European Union- enforced austerity and open immigration policies for economic and social ills. The ruling parties in heavily indebted Italy and Greece hope his enthusiasm for the EU will help...

  • ROME— Alitalia employees late Monday rejected a government-brokered package of job and wage cuts that was aimed at saving Italy's flagship airline from bankruptcy. Immediately after the "no" votes won in a referendum on the proposed industrial plan that Italian Premier Paolo Gentiloni had linked to Alitalia's survival, a union leader called on banks and...

  • *Qatar Airways close to Italy's Meridiana deal. DUBAI, April 24- Qatar Airways will finalise a long-negotiated agreement to buy 49 percent of Italy's Meridiana in the coming days, and soon apply to Qatar's sovereign wealth fund to start an Indian airline. Qatar Airways will sign the agreement with Italy's second biggest airline in the next "few days", Chief...

  • Italy's 2018 elections will be biggest threat to the European Union, notes Marc Chandler of Brown Brothers Harriman

  • LOS ANGELES, California- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a question-and-answer session at " Opportunity and Inclusive Growth Institute, TBTF"- 1530 GMT. **BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs...

  • **BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT. LUXEMBOURG- EU General Affairs Council meeting 0800 GMT. WEDNESDAY, APRIL 26 FRANKFURT- "Frankfurt Finance Summit 2017." STOCKHOLM- Meeting of the executive board of the Riksbank- 0800 GMT.

  • MILAN, April 21- British Telecom has filed a criminal complaint with Italian prosecutors over an accounting scandal at its Italian unit and has handed them computer records and also dispatched its head of compliance to Milan to give evidence. In the complaint, filed on March 21 and reviewed by Reuters, BT accuses several former Italy executives and other...

  • SATURDAY, APRIL 22 WASHINGTON- IMF Managing Director Christine Lagarde speaks before the "Fiscal Forum Opening Session: Digital Revolutions in Public Finance" 1745 GMT. WASHINGTON- IMF Managing Director Christine Lagarde and U.S. **BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT.

  • SATURDAY, APRIL 22 WASHINGTON- IMF Managing Director Christine Lagarde speaks before the "Fiscal Forum Opening Session: Digital Revolutions in Public Finance" 1745 GMT. WASHINGTON- IMF Managing Director Christine Lagarde and U.S. **BRUSSELS- European Central Bank board member Daniele Nouy participates at the ECON Committee Public Hearing in Brussels 0830 GMT.

  • *Fitch cuts Italy's sovereign rating to' BBB' from' BBB+'. *Move could increase market pressure on Italy's debt. ROME, April 21- Ratings agency Fitch downgraded Italy's sovereign debt on Friday, citing the country's sluggish economic growth, fiscal slippage, weak government, banking problems and political risk ahead of elections due in 2018..

  • ROME, April 21- Ratings agency Fitch downgraded Italy's sovereign debt on Friday, citing the country's weak economic growth, fiscal slippage, weak government, banking problems and political risk ahead of elections due in 2018.. Fitch cut Italy's sovereign credit rating to' BBB' from' BBB+', a move that could put further pressure on its borrowing costs which have...

  • MILAN, April 21- British Telecom has filed a criminal complaint with Italian prosecutors over an accounting scandal at its Italian unit and has handed them computer records and also dispatched its head of compliance to Milan to give evidence. In the complaint, filed on March 21 and reviewed by Reuters, BT accuses several former Italy executives and other...

  • Le Pen dropped by 2.5 percentage points to 22.5 percent of voting intentions compared with early April, and Macron fell 2 percentage points to 23 percent in the first round, Cevipof said. If Le Pen or Melenchon are in the second round, markets could start pricing in the risks of a "Frexit". A Le Pen victory would see European equities sell off by 13 percent-23 percent.

  • People gather around a damaged area after U.S. warplanes carried out air strikes against Daesh training camp in western Libya on February 19, 2016.

    President Donald Trump said on Thursday he does not see a role for the United States in Libya apart from defeating Islamic State militants.

  • Kudlow: Healthcare could get jammed through Senate really fast

    CNBC senior contributor Larry Kudlow says healthcare can get passed through the Senate sooner than expected.

  • President Trump & Italian PM joint news conference: Highlights

    CNBC's Eamon Javers recaps the joint press conference with President Donald Trump and Italian Prime Minister Paolo Gentiloni.