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Europe Top News and Analysis Italy

  • *Italy- Germany bond yield spread comes off recent narrow levels. LONDON, June 26- Italian government bond yields rose on Monday after the European Commission approved the rescue of assets of two struggling Veneto banks, ending months of speculation over whether Italy would be able to bypass regulations preventing state bailouts of banks.

  • MILAN, June 26- European shares got off to a firm start to the week on Monday as banks rallied after Italy reached a deal on two failed regional banks and consumer bellwether Nestle hit a record high after becoming the next target of activist investor Third Point. Italy began winding up two failed regional banks on Sunday in a deal that could cost Rome up to 17...

  • MILAN, June 26- Intesa Sanpaolo said on Monday its planned acquisition of the good assets of Banca Popolare di Vicenza and Veneto Banca could lead to the closure of around 600 branches and the departure, on a voluntary basis, of around 3,900 staff. Italy began winding up the two failed regional banks on Sunday in a deal that could cost the state up to 17 billion euros...

  • Italian local elections result is a setback for Fmr PM Renzi

    Filippo Taddei, former economy spokesman for the Democratic Party, weighs in on the future of Matteo Renzi as a political leader in Italy.

  • Center-right coalition makes gains in Tuscany, central Italy

    Lorenzo Codogno, founder and chief economist at LC Macro Advisors, takes a look at the performance of political parties in Italy’s local elections, and how they could perform nationally.

  • A customer uses an automated teller machine (ATM) at a Veneto Banca SpA bank branch in Rome, Italy, on Friday, Dec. 23, 2016. The nationalization of Banca Monte dei Paschi di Siena SpA could be followed by rescues for lenders including Veneto Banca SpA and Banca Popolare di Vicenza as part of the government package.

    Italy on Sunday made $5.8 billion of resources available to keep operative two banks the ECB has deemed "failing or about to fail."

  • LISBON, SINTRA, Portugal- European Central Bank President Mario Draghi speaks in Lisbon and Sintra. **SINTRA, Portugal- ECB Excecutive board member Benoit Coeure chairing a Session 1 on "Innovation, investment and productivity" at the ECB Forum on Central Banking in Sintra, Portugal- 0930 GMT. **SINTRA, Portugal- ECB Executive board member Peter Praet chairing a panel "...

  • LISBON, SINTRA, Portugal- European Central Bank President Mario Draghi speaks in Lisbon and Sintra. **SINTRA, Portugal- ECB Excecutive board member Benoit Coeure chairing a Session 1 on "Innovation, investment and productivity" at the ECB Forum on Central Banking in Sintra, Portugal- 0930 GMT. **SINTRA, Portugal- ECB Executive board member Peter Praet chairing a panel "...

  • *Results are setback for ruling Democratic Party. ROME, June 25- Italy's centre-right parties were the big winners in mayoral elections on Sunday, partial results showed, in a vote likely to put pressure on the centre-left government ahead of national elections due in less than a year. The candidate backed by the anti-immigrant Northern League and Silvio...

  • *Results are setback for ruling Democratic Party. ROME, June 25- Italy's center-right parties were the big winners in mayoral elections on Sunday, partial results showed, in a vote likely to put pressure on the center-left government ahead of national elections due in less than a year. The candidate backed by the anti-immigrant Northern League and Silvio...

  • ROME, June 25- Italy's centre-right parties performed strongly in mayoral elections on Sunday, early results showed, in a vote likely to put pressure on the centre-left government ahead of national elections due in less than a year. The candidate backed by the anti-immigrant Northern League and Silvio Berlusconi's Forza Italia party will get around 54...

  • ROME, June 25- Italy's center-right parties performed strongly in mayoral elections on Sunday, early results showed, in a vote likely to put pressure on the center-left government ahead of national elections due in less than a year. The candidate backed by the anti-immigrant Northern League and Silvio Berlusconi's Forza Italia party will get around 54...

  • *Intesa says Veneto banks crisis would have hit whole industry. MILAN/ ROME, June 25- Italy began winding up two failed regional banks on Sunday in a deal that could cost the state up to 17 billion euros and will leave the lenders' good assets in the hands of the nation's biggest retail bank, Intesa Sanpaolo. The deal, approved by the European Commission, allows Italy to...

  • Premier Paolo Gentiloni defended the swift action by the government as vital for ensuring Italy's slow economic recovery isn't derailed by a "disorderly" failure of Veneto Banca and Banca Popolare di Vicenza. The two banks are based in the northeast Veneto region, one of Italy's most economically productive. The resources approved by the government will...

  • ROME, June 25- People in more than 100 Italian towns and cities voted on Sunday to pick municipal mayors in a run-off ballot that could bolster centre-right parties ahead of a national election due in less than a year. Anti-European sentiment has increased in the country in the past few years, fuelled by EU-imposed austerity policies and the waves of migrants...

  • ROME, June 25- People in more than 100 Italian towns and cities voted on Sunday to pick municipal mayors in a run-off ballot that could bolster center-right parties ahead of a national election due in less than a year. Anti-European sentiment has increased in the country in the past few years, fueled by EU-imposed austerity policies and the waves of migrants...

  • Centre-right candidates backed by the anti-immigrant Northern League and Silvio Berlusconi's Forza Italia party won a strong showing in the first round, and were ahead in 13 of the 22 provincial capitals going to a run-off. The national parliamentary election must be held by May 2018 but the broad coalition backing Prime Minister Paolo Gentiloni is fragile...

  • Center-right candidates backed by the anti-immigrant Northern League and Silvio Berlusconi's Forza Italia party won a strong showing in the first round, and were ahead in 13 of the 22 provincial capitals going to a run-off. The national parliamentary election must be held by May 2018 but the broad coalition backing Prime Minister Paolo Gentiloni is fragile...

  • LISBON, SINTRA, Portugal- European Central Bank President Mario Draghi speaks in Lisbon and Sintra. **SINTRA, Portugal- ECB Excecutive board member Benoit Coeure chairing a Session 1 on "Innovation, investment and productivity" at the ECB Forum on Central Banking in Sintra, Portugal- 0930 GMT. **SINTRA, Portugal- ECB Executive board member Peter Praet chairing a panel "...

  • LISBON, SINTRA, Portugal- European Central Bank President Mario Draghi speaks in Lisbon and Sintra. **SINTRA, Portugal- ECB Excecutive board member Benoit Coeure chairing a Session 1 on "Innovation, investment and productivity" at the ECB Forum on Central Banking in Sintra, Portugal- 0930 GMT. **SINTRA, Portugal- ECB Executive board member Peter Praet chairing a panel "...