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THE 5 TOP NEWS OF THE DAY

Consip, the Government emerges unscathed – Pop Vicenza and Veneto Banca: no merger, but bad banks – Oil is sinking all stock exchanges: only luxury is saved – Goodbye Carla Fendi, icon of Made in Italy – Cigarette prices 2017: taxes increase Still.

THE 5 TOP NEWS OF THE DAY

1- Consip, the Government comes out unscathed

The motions presented by the oppositions are rejected in the Senate, including that of the Mdp which however opens a political case within the government majority - Zanda's motion approved, which proposes to identify a new board of directors without, however, as the rejected motions requested, resetting the top management of the company that manages public procurement. Read the full article.

2- Pop Vicenza and Veneto Banca: no merger, but bad bank

The Treasury is changing the paradigm for the rescue of the two Venetian banks on the model of the four Good banks previously in resolution – Go to a bad bank with all the NPLs and consequent reduction of the capital increase: but the OK from Brussels is needed. Read the full article.

3- Oil sinks all stock exchanges: only luxury is saved

The collapse in the price of crude sends all oil stocks and share lists around the world into the red – Milan is also down, losing almost 1% despite the excellent performance of fashion and luxury stocks – New paradigm for Venetian banks. Read the full article.

4- Goodbye Carla Fendi, Made in Italy icon

She died at the age of 80 in Rome, after a long illness. We owe the internationalization of the brand to her. She has also been a patron through the foundation she founded and which bears her name. Read the full article.

5- Cigarette price 2017: taxes are still increasing

After the price increase arrived with the maneuver, the ball passes to the producers: they will decide whether to dump the tax increase on consumers' pockets by raising the price of cigarettes, cigars and finely chopped tobacco. Read the full article.

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