Italy set to put in around €6.5 billion to rescue Monte dei Paschi bank: Report
Italy’s government is likely to put in around €6.5 billion ($6.8 billion) to rescue the country's third biggest…
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Italy
Italy’s Eni signs 2 new gas exploration deals with Egypt
Italy’s Eni, one of the leading global oil and gas companies, signed on Tuesday two new concession agreements with…
ECB tells Italy’s Monte dei Paschi it needs to raise €8.8 billion
The European Central Bank (ECB) has told Monte dei Paschi it needs to plug a capital shortfall of 8.8 billion euros…
Italy seeks to borrow €20 billion to support banking sector
Italy’s government decided Monday to seek parliamentary approval in order to borrow €20 billion ($ 20.7 billion) to…
UniCredit to raise €13 billion in Italy’s biggest share issue
Italy's largest bank, UniCredit announced Tuesday it would raise 13 billion euros ($13.83 billion) in the country's…
Italian stocks lead European stock markets back to 11-month high
European stock markets surged on Tuesday, hovering around an 11-month high as Italian bank shares strengthened…
Egypt to export aluminum rods and bars to Italy with €4m
Egyptian Commercial Services Office in Milan concluded an agreement between one of largest Italian firms working in…
Italy will have to wait until March for elections; analyst says
Italian President Sergio Mattarella is consulting with political parties to find a solution to the country's…
ECB will not give world’s oldest bank Monte dei Paschi extra time to raise cash
The European Central Bank (ECB) will not give extra time to the embattled Italian bank Monte dei Paschi to raise…
ECB poised to extend its bond-buying programme into next Sept as Italy risk heightens
For Mario Draghi, the timing of Italian referendum and its outcome could not have come at a worse time, just days…