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Giuseppe Fonte

UPDATE 1-Monte dei Paschi board to discuss increase in legal provisions - sources

21 Oct 2020

* Potential buyers want Treasury to offset purchase costs, risks (Adds details, sources and background)

CORRECTED-UPDATE 1-Monte dei Paschi mulling higher provisions after court ruling - sources

20 Oct 2020

MILAN, Oct 20 State-owned bank Monte dei Paschi (MPS) is considering raising provisions for legal risks after its former CEO and chairman were convicted last week in a false accounting case, two sources familiar with the matter said.

Italy gives green light to decree for Monte dei Paschi reprivatisation: source

19 Oct 2020

ROME/MILAN Italian Prime Minister Giuseppe Conte has given the final green light to measures needed for a clean-up of bad loans at Monte dei Paschi di Siena (MPS) and the eventual sale of the state-owned bank, a government official said.

RPT-Italy gives green light to Monte dei Paschi reprivatisation decree -source

19 Oct 2020

ROME/MILAN, Oct 18 Italian Prime Minister Giuseppe Conte has given the green light to measures needed for a bad loan clean-up at Monte dei Paschi di Siena (MPS) and the eventual sale of the state-owned bank, a government official said.

Italy gives green light to Monte dei Paschi reprivatisation decree -source

18 Oct 2020

ROME/MILAN, Oct 18 Italian Prime Minister Giuseppe Conte has given the green light to measures needed for a bad loan clean-up at Monte dei Paschi di Siena (MPS) and the eventual sale of the state-owned bank, a government official said.

RPT-Italy PM expected to sign off soon on Monte dei Paschi decree - sources

16 Oct 2020

MILAN, Oct 15 Italian Prime Minister Giuseppe Conte is expected to sign in the next few days long-awaited measures paving the way for a crucial bad loan clean-up at Monte dei Paschi (MPS) and the sale of the bank, two government sources said.

Italy PM expected to sign off soon on Monte dei Paschi decree - sources

15 Oct 2020

MILAN Italian Prime Minister Giuseppe Conte is expected to sign in the next few days long-awaited measures paving the way for a crucial bad loan clean-up at Monte dei Paschi (MPS) and the sale of the bank, two government sources said.

Italy to spend 10 bln euros on furlough schemes, tax breaks for south - sources

15 Oct 2020

ROME, Oct 15 Italy will spend 10 billion euros in its 2021 budget to extend temporary lay-off schemes for companies and offer tax breaks to firms to support employment in the poor south of the country, government sources told Reuters.

Atlantia, CDP hammering out pricing strategy for Autostrade: sources

14 Oct 2020

MILAN/ROME Atlantia and state lender CDP may have found a way to overcome one of the main hurdles in talks over the sale of the infrastructure group's motorway unit, two sources close to the matter said.

Atlantia in talks with CDP on Autostrade, considers exclusivity: sources

12 Oct 2020

ROME Atlantia's board was discussing ways to reach a deal on its motorway assets with Italian state lender CDP on Monday, sources close to the matter said, with one adding that it could consider exclusive talks.

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