The Bank of Italy has ordered former Italy’s PM Silvio Berlusconi to cut his share in the Mediolanum Group to 9.9%. The Fininvest Group, the financial holding company controlled by the Berlusconi family, was one of the founding partners of the Mediolanum Group and until yesterday owned 35.13% of the company. The Bank of Italy […]
Renzi-Berlusconi deal on electoral reform rocks the boat, but benefit to political stability likely to be modest in the near term, says Barclays southern European economist Fabio Fois.
The politicians in Rome are getting restive, raising concern about the continued survival of the reforms being introduced by the new government. Separately, Italy has been described as the frontline for the battle to save the euro because, unlike the peripheral economies of Greece, Portugal and Ireland, Italy is too big to bail out.
In mid-2010, the global sector analysts at Union Investment were called to Frankfurt headquarters for a crucial meeting.
After the crisis that resulted in the removal of prime minister Silvio Berlusconi, press reports reflect greater confidence in the ability of Italy’s new prime minister Mario Monti to put the country on the road to recovery.
La conjecture économique rend la sélection des actions européennes de plus en plus difficile. Pailloux explique pourquoi le secteur de luxe lui intéresse et donne son avis sur la situation politique actuelle.
Seventeen years after arriving on the Italian political scene, Silvio Berlusconi resigned as Prime Minister, opening the way for a technocrat government led by economist Mario Monti.
So, Silvio Berlusconi has finally confirmed he is leaving. The announcement caught the headlines of the newspapers across the world. And you could almost hear the cheer across Europe.
Italian prime minister Silvio Berlusconi faces renewed calls to resign after he failed to secure a parliamentary majority in a budget vote among MPs.
Jyske Bank’s senior strategist Ib Fredslund Madsen has been on Jyske Bank TV to discuss his view that the Italian crisis is starting to take over where the Greek one left off (in Danish).
The ECB could stop buying Italian government bonds if it concludes Italy is not adopting promised reforms, says ECB Governing Council Member Yves Mersch.
Silvio Berlusconi reacted angrily a few weeks ago to S&P’s downgrade of his country’s sovereign debt, but this time Moody’s move came to him as less of a surprise.