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THE 5 TOP NEWS OF THE DAY

The Senate approves the Milleproroghe (which now passes to the Chamber), while Montecitorio gives the definitive green light to the MPS-saving decree. Then Stock Exchange, exports and Snapchat.

1- Milleproroghe, ok to the trust: dis-coll, hiring, rent. The main measures

Milleproroghe decree fired by the Senate Chamber. The question of confidence posed by the government on the maxi-amendment to the decree was approved with 153 votes in favor and 99 votes against. The text now passes to the examination of the Chamber. Here are the main measures. Read the full article.

2- Mps, the bank-saving decree is law

The Chamber has definitively approved the measure that authorizes the precautionary recapitalization of the banks and guarantees the future of MPS. Read the full article.

3- Stock Exchange: Milan saves itself with Saipem superstar, the spread is decreasing

Piazza Affari closes a day of realizations substantially in balance. The other European markets are all negative by about half a percentage point. Falling Unicredit, Bper, Ubi Banca. Bad Prysmian, volatile FCA. Intesa holds, pressure on Generali eases. Highlighted Stm. Oil down, the euro recovers against the dollar. Wall Street slows down. Read the full article.

4- Italy: record exports in 2016

The trade balance surplus amounted to 51,566 billion euros (+78 billion net of energy) compared to the surplus of 41,807 billion in 2015, the highest level since 1991, the year in which the historical series began. Read the full article.

5- Snapchat: here is the price range for the IPO on Wall Street

The valuation is between 19,5 and 22,2 billion dollars, equal to 14-16 dollars per share – Morgan Stanley and Goldman Sachs are handling the IPO. Read the full article.

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