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Politics Silvio Berlusconi

  • MILAN, July 4- An Italian court will likely decide after the summer whether French media group Vivendi needs to reduce its stake in Telecom Italia or Mediaset to prevent a concentration of power, two legal sources said on Wednesday. Vivendi, which aims to build a media empire in southern Europe, is the biggest single shareholder in Telecom Italia with a 24 percent...

  • MILAN, June 27- Italy's Mediaset is looking to create a pan-European broadcaster to fend off competition from its traditional rivals such as France's Vivendi and online content providers like Netflix. "A group like ours, strongly anchored to the Italian and Spanish markets, needs to look at a perspective of international growth in Europe," Mediaset chairman...

  • BRUSSELS, June 27- European courts should rule on whether former Italian Prime Minister Silvio Berlusconi must sell most of his stake in asset manager Banca Mediolanum as ordered by Italy's central bank, a court adviser said on Wednesday. An Italian court asked the Court of Justice of the European Union whether national courts could handle the case.

  • ROME, June 5- Italy's new prime minister promised on Tuesday to bring radical change to the country, including more generous welfare and a crackdown on immigration, as the two party bosses who hold the keys to his anti-establishment government nodded their approval. Prime Minister Giuseppe Conte addressed the Senate, flanked by the leaders of two formerly...

  • ROME, May 31- Italy's Prime Minister-designate Giuseppe Conte on Thursday presented his cabinet list to President Sergio Mattarella, who will swear in the government on Friday at 4 p.m. in Rome. Giovanni Tria, 69, is a little-known economics professor at Rome's Tor Vergata University. Tria, who is not affiliated to any party, has been critical of the EU's economic...

  • ROME, May 28- Italy's president set the country on a path back to fresh elections on Monday, appointing a former International Monetary Fund official as interim prime minister with the task of planning for snap polls and passing the next budget. The decision to appoint Carlo Cottarelli to form a stopgap administration sets the stage for elections that are...

  • LONDON, May 24- Italy's government bond yields tumbled on Thursday, as the market won a respite from the political risks that have dealt investor sentiment a heavy blow over the past week. On Wednesday, President Sergio Mattarella gave political novice Giuseppe Conte a mandate to lead the first government in Italy made up of anti-establishment parties, who have...

  • BRUSSELS, May 23- The EU executive warned Italy's incoming government on Wednesday it should go on cutting the country's heavy public debt, as EU officials pointed to market pressure as a more effective form of euro zone discipline than finger-wagging from Brussels. In publishing annual recommendations for economic policy in the bloc's 28 member states, the...

  • ROME, May 21- Italy's anti-establishment 5- Star Movement and the far-right League will seek the backing of the president on Monday for their candidate to lead a coalition government whose plans to jack up spending have roiled financial markets. Italy's borrowing costs surged further on Monday, with two-year bond yields at their highest level since December...

  • ROME, May 21 (Reuters)- Italy's anti-establishment 5- Star Movement and the far-right League will seek the backing of the president on Monday for their candidate to lead a coalition government whose plans to jack up spending have roiled financial markets. Italy's borrowing costs surged further on Monday, with two-year bond yields at their highest level since...

  • ROME, May 21- Italy's anti-establishment 5- Star Movement and the far-right League will seek the backing of the president on Monday for their candidate to lead a coalition government whose plans to jack up spending have roiled financial markets. While the premier's name has not been confirmed, Italian media say the leading candidate is a little-known...

  • MILAN, May 21- Japan's Hitachi is ready to buy U.S. fund Elliott's stake in Ansaldo STS to take full control of the Italian rail-signaling company, the head of Hitachi Rail said on Monday. Our target remains to reach a 100 percent stake, " Hitachi Rail CEO and Ansaldo Chairman Alistair Dormer told Corriere's L'Economia, in comments confirmed by a spokesman.

  • ROME, May 18- Italy's two anti-establishment parties promised on Friday to ramp up spending in a program for a new coalition government, putting them on a collision course with the European Union despite having dropped some of their most radical proposals. The "contract" between the League and the 5- Star Movement, the two parties that won the most parliamentary...

  • ROME, May 18- Italy's two anti-establishment parties on Friday promised to ramp up spending in a program for a new coalition government, putting them on a collision course with the European Union despite having dropped some of their most radical proposals. The "contract" between the League and the 5- Star Movement, the two parties that won the most parliamentary...

  • May 17- French media group Vivendi has invested over 5 billion euros in Italy over the past three years as part of tycoon Vincent Bollore's stated ambition to build a southern European media powerhouse. **JULY 2015- MARCH 2016: Vivendi raises its TIM stake to 24.9 percent, just below the 25 percent threshold that would force it to launch a mandatory takeover bid.

  • *Value of Vivendi's key Italian investments down 1.3 bln euros. MILAN/ LONDON, May 17- French tycoon Vincent Bollore's stated goal to create a southern European media empire faces defeat in Italy, despite pumping 5 billion euros into his biggest foreign conquest, raising questions over whether the strategy ever existed. Three years into the venture, the...

  • *Italy stuck in political limbo since March election. ROME, May 10- The anti-establishment 5- Star Movement and far-right League said on Thursday they had made "significant steps" towards forming a government, as Italy looked to end nine weeks of political deadlock. "I cannot disguise my joy and happiness that we can finally start solving Italy's problems," Di Maio...

  • *Political concerns intensify on Malaysia vote, Italy talks. LONDON, May 10- World stocks hit a three-week high on Thursday and turned positive for the year as rising oil prices gave energy firms a shot in the arm that countered the effects of increased political uncertainty. Brent crude rose to another 3-1/ 2 year high of $77.89 overnight amid fears of supply...

  • LONDON, May 7- Euro zone government bond yields dipped on Monday as an unexpected fall in German industrial orders served as a reminder that a softening in economic data will encourage the European Central Bank to prolong an unwinding of stimulus. The biggest yield falls came in Italy after the leader of Italy's far-right League, Matteo Salvini, raised the...

  • By Crispian Balmer and Gavin Jones. ROME, April 5- Talks to try to break the stalemate following Italy's inconclusive election have failed to make progress, the president said on Thursday, calling for parties to be responsible in fresh consultations next week. The March 4 vote produced deadlock, with a conservative bloc including the far-right League and Silvio...