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Tag: Italy

Berlusconi - Italy Should Consider Leaving Euro Exit if German Denies New Role for Ecb

Jun 20 2012 20:31:13 in Market

Italy should consider leaving the euro unless Germany agrees to the ECB acting as a guarantor - Berlusconi said on Wednesday. "Leaving the euro is not a blasphemy," he wrote on his Facebook page. Read more

Italy April Industrial Orders Fall More Than Expected

Jun 20 2012 11:01:07 in Market

Italy's industrial orders decreased more than economists expected in April, data released by statistical office Istat showed Wednesday. New orders received by Italian industrial units declined an unadjusted 12.3 percent on an annual basis in April, following the previous month's 14. Read more

Italy Industry Orders Inches Lower, Declines 1.9 Pct M/m in April

Jun 20 2012 09:01:09 in Market

Italian sea/adj industrial orders fell 1.9 pct m/m in April, following a 3.5 pct rise in March, data showed. The Orders slumped 12.3 pct y/y in unadjusted terms after falling a record 14.3 pct the month before Industrial sales fell a sea/adj 0. Read more

Italy, France Back Idea Of Using Bailout Funds To Buy Sovereign Debt

Jun 20 2012 08:01:03 in Market

Italy has put forth a proposal urging Eurozone economies to allow the common rescue funds to buy the debt of troubled economies on the secondary markets, which would help the countries to avoid a bailout and lower their borrowing costs. Read more

Italy Wants Esm to Buy Bonds, says France's Hollande

Jun 20 2012 02:01:02 in Market

France's Hollande said its worth exploring Italian proposal for ESM to buy bonds of member states He said that he would like to discuss the subject at a meeting in Rome with Germany's Angela Merkel, Spain's Mariano Rajoy and Italy's Mario Monti He expressed optimism on reachin... Read more

Euro Zone Stocks End Lower on renewed Fears Over Spain and Italy

Jun 18 2012 17:01:04 in Market

EZ shares settled lower on renewed fears over the borrowing costs of Spain and Italy EZ's blue chip Euro STOXX 50 index unofficially ended 1.2 pct lower to 2,154.08 points The broader FTSEurofirst 300 index of top European shares closed 0.01 pct higher at 993. Read more

Research: Greece Election Outcome Does Little to Alleviate Weak Fundamentals That Currently Weigh on Spain and Italy

Jun 18 2012 09:31:05 in Market

Quotes from Societe Generale Cross Asset Research: -As we head to press, the preliminary election results (almost 90% of the vote counted) show New Democracy securing 130 out of the 300 seats in the Greek parliament. Read more

Research: Growing Political Strains and Risk of An Early Election Likely to Underpin Borrowing Costs in Italy

Jun 18 2012 08:31:04 in Market

Quotes from Standard Chartered: -Greek election result has probably bought some time for Spain and Italy, whose government borrowing costs had soared on uncertainty over the Greek outcome. Read more

Leaders of Italy and Spain Welcomes Greek Election Result As Good News for Europe

Jun 18 2012 08:31:03 in Market

Spanish, Italian PMs welcome Greek vote result as good news for Europe. Read more

Italy to Sell Sace, Fintecna, Simest for 10 Bln Euros to Reduce Debt Gap - Grilli

Jun 15 2012 14:31:04 in Market

Grilli said that Italy will sell three companies , Sace, Fintecna,Simest, held by the Economy Ministry for bring in 10 billion euros that will help reduce debt The income from the sale can be used to buy back sovereign bonds, and to pay the state's outstanding bills to companies, Grilli said. Read more

Italy Cabinet Passes Asset Sale Plan - Monti

Jun 15 2012 13:31:07 in Market

The Italian Cabinet on Friday approved legislation to sell state property and streamline the structure and staff levels at the economy ministry - Monti Monti said the government's so-called "growth decree" included measures to dispose assets and reduce "the structure of the state". Read more

Italy Considering Limiting Non-Eu Petrol Imports to Help Domestic Refiners

Jun 15 2012 12:31:05 in Market

Italy's govt is considering legislation to limit petrol imports from outside the EU to help domestic refiners - draft decree seen by Reuters. Read more

Italy April Trade Deficit Narrows Sharply

Jun 15 2012 09:31:05 in Market

Italy's external trade deficit for April narrowed sharply from the same month last year driven by the decline in imports, data released by the statistical office ISTAT revealed Friday. The unadjusted trade deficit was EUR 202 million, down from EUR 2.824 billion in the same month last year. Read more

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