Italian Stocks - Factors to watch on Nov 5

MILAN, Nov 5 (Reuters) - The following factors could affect
Italian markets on Wednesday.

Reuters has not verified the newspaper reports, and cannot
vouch for their accuracy. New items are marked with (*).

BANKS
* Bankers expect the government to approve a capital plan of
up to 30 billion euros ($38.53 billion) for banks so that they
will keep lending, the Financial Times reported.

For a story, double click on [nL553806].

The government will issue a new decree to support banks next
week, la Repubblica reported. The size of the fund under study
is 20 billion euros, it said.

MF newspaper said the bank support would be carried out with
perpetual and convertible bonds.

ALITALIA SPA AZPIa.MI

Transport Minister Altero Matteoli said only 20 percent of a
revamped Alitalia would be available to a foreign air carrier.

Talks with airline pilots and flight staff who have rejected
new job contracts are over, said Roberto Colaninno, head of the
CAI consortium taking over Alitalia, several newspapers
reported. He said Alitalia could take on pilots from Irish
carrier Ryanair Holdings Plc (RYA.I) if needed.

* CAI will pick a foreign partner this month and Alitalia will
be operational by Christmas, Colaninno told La Stampa in an
interview.

Representatives from the Anpac and Up flight unions, which
have rejected the contract, will meet at 1300 GMT to discuss
their next moves, la Repubblica said.

LIBYAN INVESTMENT

The Libyan Investment Authority is considering buying a
stake of around 5 percent in builder Impregilo SpA (IPGI.MI), Il
Sole 24 Ore reported, citing several sources reported by the
Radiocor agency.

The Authority will meet this week to discuss possible other
investments in Telecom Italia SpA (TLIT.MI>, UniCredit SpA
CRDI.IT, Terna SpA (TRN.MI), Eni SpA (ENI.MI) and
Assicurazioni Generali SpA (GASI.MI), Sole said.

* The Authority will take a stake in Telecom Italia when the
share price stabilises above 1.20 euros to 1.25 euros, La Stampa
reported without citing sources.

ROMAIN ZALESKI

Italian banks are to reach agreement on the 6.2 billion euro
debt of Italian financier Romain Zaleski in the next two weeks,
Il Sole 24 Ore reported. The agreement will see the banks assume
the debt of more than 1.5 billion euros debt held by BNP Paribas
(BNPP.PA) and Royal Bank of Scotland (RBS.L), it said.

* PIAGGIO SPA (PIA.MI)

The scooter maker is targeting sales of 100,000 Vespas in
Vietnam by 2010, Chairman Roberto Colaninno said at a visit to a
new plant in the Southeast Asian country, several newspapers
reported.

FASTWEB SPA (FWB.MI)

The broadband services company reported third-quarter net
loss of 2.1 million euros ($2.72 million), up from a loss of
18.1 million euros the year before.

For a story, double click on [nL5636420].

* UNICREDIT SPA (CRDI.MI)

Cazenove raised its rating on the bank to "outperform" from
"in-line".

A2A SPA (A2.MI)

Morgan Stanley cut its price target on the utility to 2.60
euros from 3.30 euros and kept its "overweight" rating on the
stock.

COMPANY RESULTS

The following companies will report results:

Pirelli & C. Real Estate (PCRE.MI)