Biagio Mazzotta has said goodbye to the State General Accounting Office and arrives at the top of Fincantieri after tensions with Giorgetti over the Superbonus case. Daria Perrotta is the most accredited name for the role
White smoke in Cdp, after weeks of postponements the solution was found at the fifth attempt: green light for the new (expanded) board of directors of the Cassa Depositi e Prestiti with the confirmation of the top management and five women on the board
The Government must sell by the end of the year and needs to raise cash. The Axa node, the Cimbri match. Who will be the next tenant of Piazza Salimbeni?
The Antitrust did not like the government's plan to split the state payments company between Poste and Ipzs. That's why he's in the crosshairs. An evaluation could pave the way for an auction open to other entities as well
From the analysis of the Comar Study Center on the Treasury's subsidiaries, a jump in turnover and profits emerges: revenues of 59,4 billion euros (+16,6%) and profits exceeding 5,3 billion euros (+121,7, XNUMX%)
The Italians and Germans are trying to get the approval for the merger from the Antitrust by proposing new "remedies". Final decision by July 4th. New summits in the next few days
This sale is part of a plan to reorganize the Treasury's public holdings, which aims to generate 20 billion euros by 2026
The Treasury announced the placement of the new BTP Green, with a gross yield at issue of 4,104%. The annual rate is 4,05%, paid in two semi-annual coupons. Unicredit is also among the banks in the pool
The Paris-based body sees good prospects for Italy in terms of inflation and the job market. Overall he sees cautious optimism globally with growth forecasts
The well-documented Comar Survey reports that the public appointments in the pipeline this year exceed those of more recent times. Here's which companies they concern
New special issue of the BTP Valore with a duration of 6 years, the Mef announcement: the minimum rates guaranteed in the first three years and in the following three years will be communicated on Friday 3 May. All the details
With the favorable opinion of the competent commissions of the House and Senate and with the talks with Consob in the next few days, the new offer becomes concrete. Possible division into 2 tranches
Former Ilva, the decision of the Court of Milan gives the green light to extraordinary administration. And the possibility of a bankruptcy investigation is looming. Here's what the judges write: "Absolute absence of cash liquidity" which can compromise the "survival" of the company
The EU directive with sustainability standards must be implemented by Italy by July. An innovative process with new responsibilities for all companies
The security reserved for small savers has broken through to the figure of 11 billion euros, including today's 4,61 billion euros which are added to the 6,44 billion recorded yesterday
With the announcement of the minimum guaranteed rate, everything is ready for the new issue of the BTP Valore 2024. Here is the news and characteristics of the third issue. Will it boom again?
Once the clause that committed the Treasury not to sell shares for 90 days has expired, the Mef would be ready to return to the market. Without forgetting the risk hypothesis
The board instructed CEO Labriola to negotiate a different option with the government on the future of the international infrastructure system. The conditions for Tim and the minority role
There are still doubts on the table: on the figure, but even before that on the opportunity to sell. A new postponement is possible
The government is preparing to put 4% of Eni on the market but not before spring. A collection of 2 billion euros is expected as part of the privatization program which aims to raise 20 billion euros in…
The payment of 400 million to buy back the shareholding of ArcelorMittal is the first step to bring the former Ilva out of the tunnel but further disbursements are needed to relaunch it
The Treasury will place a new 3-year BTP, trying to raise up to 4 billion euros - Auctions of government bonds with a maturity of more than 7 years canceled: here are all the details
The EU Antitrust wants to examine compliance with competition rules to avoid route concentrations by the German company. Giorgetti: “We're wasting time”
The speakers of the Maneuver speak of a possible intervention in extremis on the Superbonus for condominiums, but the Mef categorically denies it: "Excluded"
MPS shares lost more than 8% and fell below the selling price of 2,92 euros per share. The market is wondering about the future of the bank - The entire banking sector is in the red
Among the partners of the company that will manage the future Tim Network there is also the Abu Dhabi sovereign fund alongside KKR - Preliminary documents for the sale have already begun, awaiting the opinion of the Antitrust
The Mef has set the indexation coefficient for the payment of the semi-annual coupon and the semi-annual capital revaluation of the BTP Italia October 2024
The doubts expressed by the Court of Auditors on the documentation received so far on the entry of the Mef into the Telecom network (NetCo) do not stop the progress of the same operation while the French press intones Bolloré's de profundis for his repeated defeats...
The coupon will be detached on November 22, 2023 and the reference value has been set at 1,00913.
TIM has received a binding offer from US fund KKR to purchase NetCo, which comprises Tim's fixed-line businesses, including FiberCop. A non-binding offer for participation in Sparkle was also presented. The deal figures are around…
A result not far from the just over 18 billion that set a record in the first edition, that of June. The average investment cut was just under 27.000 euros
After Thursday's meeting with Minister Giorgetti, Vivendi, Tim's main shareholder, maintains its doubts about the sale of the Tim network to KKR but does not seem to want to stand in the way of the sale. However, it was strong in the last two…
Letter to the board of directors to extend the deadlines for the binding proposal to October 15th. Now the ball goes to Tim's board which will meet on Wednesday 27 September
Openness of the French in view of the deadline for the presentation of the binding offer by KKR, even if a mini extension is increasingly probable
The Mef has announced a second issue of the Btp Valore, scheduled for 2 to 6 October. The duration is lengthened and the coupon payment mechanism changes. All information
After announcing the investment in Tim, the hypotheses of the State entering strategic areas are gaining strength. The list also includes ports, healthcare, transport
Turning point for Tim: KKR will have 67% but above all the State returns with at least 20% and the probable blocking minority. After following Draghi's footsteps so far, in a few days Meloni rediscovered populism and…
Superbonus and stranded credits under discussion at the Mef. More advantageous solutions are being sought for taxpayers and businesses: here are the hypotheses
The National Agency for the attraction of investments and business development of the Ministry of the Economy launched concessions for 4,6 billion last year
Only with the green light from the European Antitrust will the parties be able to sign the definitive contract: thus Lufthansa will be able to acquire 41% of Ita by paying 325 million euros as a capital increase
The Mef and Lufthansa confirm the agreement that will allow the Germans to acquire a minority stake in Ita - The plan envisages revenue growth of 2,5 billion for 2023 and 4,1 billion in 2027 - Central role…
After months of negotiations, the official signing of the agreement is expected on May 25th. Lufthansa will immediately buy 40% of Ita for 320 million. Within 2 years it will rise to 95%, leaving a guarantee stake to the Italian State
Everything is ready for the first issue of the Btp Valore, the new government bond intended for retail investors with which the Mef aims to expand the participation of households in the Italian public debt. Everything you need to know
The duration of the first BTP Valore is four years. First Issue from 5 to 9 June. There is a loyalty bonus and periodic coupons at pre-set increasing rates.
The Enel shareholders' meeting, support for the joint consortium for the Tim network and the possibility of an Mps-Banco Bpm alliance: these are the three hot dossiers of the Treasury on which Piazza Affari is focusing
The proxy advisor also recommends a separate vote from the board list for the presidency and to vote for Marco Mazzucchelli of the Covalis list as president and not Paolo Scaroni. He shares concerns about the opacity of the MEF's decision-making process
The nineteenth issue of the BTP Italia, the government bond indexed to inflation, will take place from 6 to 9 March. Here's everything you need to know
Furthermore, the Treasury warned that "further details on the ongoing discussion will not be disclosed"
The grand ball of public nominations begins. Let's see who is in the balance: from Aifa to the Treasury, here is the map of the Meloni spoils system
The recipients of the contribution for food, health care and electricity and gas bills are the over 65s and parents of children under 3 years of age. Here are the requirements and how to apply
Interest expenditure, one of the heaviest items of Italian debt, is kept under strict observance by the MEF, weighed down by higher inflation and interest rate hikes. Here are the upcoming government bond issues of the…
The minimum return offered, while in line with the market, must be compared with inflation expectations over the six-year term of the new bond
The 6 board members of the Draghi era, who have been in conflict with the outgoing president for months, write to the Minister of Economy asking him to formalize his resignation and proceed with their replacement
In his first official speech as Economy Minister, Giorgetti promised maximum commitment to protect families and businesses. Visco: "Margins for more limited aid to families"
Green light for the MPS capital increase. Highly dilutive operation with the exchange of 374 new shares for every 3 held. The operation will start on 17 October and will end on 3 November. Roller coaster title
Nobody seems to like the farewell to the ceiling of 240 thousand euros on the salaries of some top figures in the PA. Yet it passed with a large majority in the Senate. Here's what happened
The proposal for a capital increase of up to 2,5 billion euros will be submitted to the shareholders' meeting on 15 September – Mps thumps on the stock exchange, losing 3,77%
An exclusive negotiation will be launched today with the consortium led by the US fund which, against expectations, beat the competition from MSC and Lufthansa. 40-45% of the quotas will remain in the Treasury, but there is the unknown factor of the new Government
Due to the shortage of metals and raw materials new tiles will not have the chip. The news initially went unnoticed but now the first hardships are being experienced. Here because
The consortiums are working to make the offers "consistent" as requested by Draghi: there are 7 points to be clarified. Answers by August 22nd
Brussels approves the postponement of the privatization requested by the Italian government in 2021. The commitments on branch cuts and sales. The go-ahead from the ECB by September
Until 27 September, the portal of the Committee set up by the MEF provides all the information needed to include an initiative in the "October EduFin" program
Minister Franco has signed the decree which will allow cross-referencing of data from the tax register after making them anonymous - Human intervention is always guaranteed
The placement reserved for institutional investors raised 2,179 billion euros, which add up to the 7,24 billion sold to retail customers
Seventy-two of the appointments to be made concern the 15 companies controlled directly by the MEF - Gender balance among the criteria
According to a study by the MEF, the cumulative effect of the two reforms improves the indices relating to inequality and the distribution of wealth in our country
The Treasury asks CEO Bastianini to take a step back but the news does not scare but rather cheers the markets with the share up 1,49% - Lovaglio, Massiah and Vandelli among the eligible candidates
Since 2014, the year the Parliamentary Budget Office (UPB) was founded, the accuracy of the MEF's macroeconomic estimates has improved and the gap with respect to the forecasts of private analysts has narrowed
Signed an agreement that aims to support public administrations "in the planning, definition, implementation, monitoring and evaluation phases of Pnrr interventions"
First go-ahead for the new Monte dei Paschi strategy, which will now be submitted to the examination of the EU - Do not quantify the voluntary departures of employees for now - Positive opinion of the First Cisl
Through a joint note, the Ministry of the Economy and Unicredit officially communicated the interruption of negotiations relating to the possible acquisition of MPS - A difficult day on the stock exchange is expected for the two banks
Barring second thoughts in extremis, a sensational break is looming in the negotiations between Unicredit and the Government on Monte dei Paschi - There are more than one differences but the crucial one is the 7 billion dowry that the bank of…
It is one of the objectives contained in the act of addressing the tax administrations - The Revenue Agency will also have to look for undeclared properties
The contracts will be fixed-term and the work will concern the monitoring and reporting of the funds allocated for the Pnrr - Here are the profiles sought and instructions on where to apply
The MEF has entrusted the new dual-tranche issue to Citigroup, Deutsche Bank and Morgan Stanley. The fixed-rate placement introduces a three-year maturity in addition to the thirty-year one
Even public TV has to deal with the effects of the pandemic: rising debts, lower license fees and less advertising. An "unsustainable" situation according to CEO Salini. Today Minister Gualtieri in the Supervision Commission and meets on…
Atlante i4.0 is the name of the new portal created by Unioncamere in collaboration with the Mef. Contains the map of the almost 600 Italian structures that offer services and technologies for the innovation and digitization of companies
The Treasury announces the minimum guaranteed coupon rates of the issue which will start on Monday 6 July - Six-monthly nominal coupons and a loyalty bonus are envisaged
Cassa Depositi e Prestiti will advance the payment of 12 billion of trade debts owed by private suppliers to public administrations
A recent intervention by Mariana Mazzucato on the role of the State in the economy to face the post-virus challenges contains many suggestions but raises many perplexities for the overly extensive and too invasive functions that are proposed to the State itself -…
The Mef reveals that, of the total amount, 450 million refer to loans of up to 25 thousand euros, accessible for less than a week from the date of the survey
The Ministry of the Economy provides clarifications to the most widespread doubts about Cura Italia and in particular about the allowance for VAT and self-employed numbers and about the funds for professionals registered in the orders
According to an analysis by the Centro Studi CoMar, there are 76 companies controlled by the Treasury that in the coming months must renew their corporate bodies - The lists of candidates soon: Thursday that of Mps - Here are all the numbers
By 15 July the dossier on the airline will be closed, which is making great strides towards state control: Mef and Ferrovie over 50%, 10-15% for the American Delta.
According to MEF surveys on 2018 tax returns, one Italian out of three lives on retirement and benefits from an INPS check - Here is the Municipality where there are more pensioners and the one where there are fewer
The State will enter the capital of the New Alitalia through the Mef - The State Railways, which act as the pivot of the airline, have chosen the Americans of Delta and the British of easyJet as partners - Among the 2…
One hour after the close of the first day of issue, orders collected for 440 million - Six months ago the first day closed with 2,3 billion subscriptions
The new inflation-indexed government bonds will be issued from Monday until 22 November - The maturity is back to 4 years - Here are the characteristics of the bond and everything you need to know about the placement
A group of economists, led by Lorenzo Bini Smaghi (former board of the ECB), has launched an appeal to stop the attacks on the President of the Republic and the EU and to exclude those proposing restructuring from leading the Ministry of the Economy…
325 million square meters for an average value of 870 euros per square meter - 77% is used directly by the PA - The value of publicly owned offices amounts to 70 billion, 50 billion are worth instead of schools and…
FROM THE ENORDOVEST BLOG - For the first time the shareholders' equity of the Compagnia di San Paolo exceeds six billion euros and the total return on its stake in Intesa Sanpaolo, from which a net dividend of 210…
According to MEF data, as many as 10 million Italians do not pay Irpef - The highest average income is that of self-employed workers, who double entrepreneurs with sole proprietorships - Still strong North/South differences - Local surtaxes in…
Three notices were published on 27 March, three more are arriving in April for the recruitment of graduate personnel who will cover the need for specific professional skills identified by the Department of General Administration, Personnel and Services.
The figure, up 10% compared to 2016 and equal to 0,6% of GDP, makes Italy the first beneficiary country in Europe among the member states.
What was born today is, as had been announced, a group with a turnover of 11,2 billion and with a planned cost cut of 800 million.
The Director General of the Treasury under fire by the parliamentary commission of inquiry into banks: too reticent on the Monte dei Paschi crisis and President Casini rebukes him
"The PIRs have been a spectacular success in terms of funding. We expected 1,8 billion a year, according to some projections that we deem realistic we could reach 10 billion a year", said Fabrizio Pagani.
Banca IFIS launches TiAnticipo, the service for companies that hold certified credit towards the Public Administration: "Free estimate in a few seconds, payment (if the credit is certified) in a maximum of 10 days".
The Civil Court of L'Aquila sentenced the former top management of Banca Tercas to compensate Banca Popolare di Bari for approximately 370 million which three years ago, at the suggestion of the Bank of Italy, saved the Abruzzo bank from bankruptcy by paying 250 cash...
After the recapitalization and the conversion of the subordinated bonds into shares, the Treasury acquires a stake equal to 53,45% of the capital which could rise up to 70% - Burden Sharing kicks in
