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THE 5 TOP NEWS OF THE DAY

Bank of Italy, Visco: “Italexit? An illusion”. Bail in: beware of undermining trust in banks - Mediaset and the Popolari weigh down the stock market - Climate, Trump: USA out of agreement Paris - Juve is worth over 1 billion: more than Inter and Milan combined - Istat: unemployment at its lowest since 2012.

1- Bank of Italy, Visco: “Italexit? An illusion”. Bail in: beware of undermining trust in banks

The Governor in his final considerations (TEXT ATTACHED IN PDF): “Italian institutions risk adjustments of another 10 billion on NPLs” – “Exiting the euro? A risky illusion” – “The central issue is jobs” – “An exceptional effort is needed to strengthen growth” – Ten years to bring the debt back below 100% of GDP – “It is illusory to think that national problems are better resolved outside from the EU". Read the final considerations of the governor Ignazio Visco.

2- Mediaset and the Popolari ballast the Stock Exchange

The heavy losses of the Biscione and the main cooperative banks send the FtseMib into the red – Atlantia, Italgas, A2A and Intesa go against the trend – European price lists contrast but Frankfurt runs – The Nasdaq first sets the record and then shuts down – Sharp decline in oil. Go to the article.

3- Climate, Trump: USA outside the Paris agreement

There is still no official confirmation of the decision but it seems that the US administration has a serious intention of exiting Cop21 or at least of reducing the agreement. Go to the article.

4- Istat: unemployment at its lowest since 2012

The rate in April decreased by 0,6% on an annual basis – The unemployment rate of young people between 15 and 24 is instead at 34%, stable compared to March and down by three points compared to April 2016. Go to the article.

5- Juve is worth over 1 billion: more than Inter and Milan combined

Among the top ten clubs that are worth more in Europe there is only one Italian team, Juventus, which has exceeded one billion euros: Milan, Inter, Rome and Naples in the top-20. Go to the article.

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