Padoan and Visco: summit on banks
The Minister of the Economy summons the governor of the Bank of Italy, the representatives of the ABI and of the most important Italian banks together with those of the Atlante Fund. There are many files on the table. Read the full article.
The big banks push Piazza Affari downwards
The unknown Deutsche and the banking emergency that was at the center of today's meeting between the Treasury, the Bank of Italy and the world of credit make the big banks restless, paying for the uncertainty on the stock exchange and dragging down Piazza Affari, today the worst list of Europe – Azimut, Bpm, Banco Popolare, Mediolanum and FCA go against the trend – Il Sole 24 Ore collapses (-10,37%) in view of the capital increase. Read the article by Maria Teresa Scorzoni.
Deutsche Bank: the agreement with the unions is close, but not with the USA
The bank would be close to an agreement with the unions for the dismissal of about 1.000 employees in Germany – Meanwhile, negotiations continue with the US for the maxi-plea deal on the fine linked to the subprime case. Read the full article and comment by Stefano Micossi.
Italicum, Renzi: Parliament decides, not the Democratic Party
Previously Renzi had made it clear that he was ready to take the initiative on changes to the electoral law, but now he clarifies that the Democratic Party will not present any proposals: “Otherwise the others will just say no. I don't decide, it's a choice of Parliament". Open game. Read the full article.
Pizzarotti bids farewell to the 5 Stars: "The movement has changed"
Chaos in Parma. The mayor of Parma abandons after months of being separated at home and the suspension decided by Beppe Grillo – “We didn't want to recompose a tear” – “I am a free man. I can't help but get out of this movement as it has become". Read the full article.
