ROME Italy has bowed to pressure from Chinese telecoms equipment makers Huawei Technologies and ZTE and will drop emergency legislation strengthening state powers to intervene in the development of 5G services, lawmakers said on Wednesday.
ROME Italy is strongly committed to issuing its first dollar bond since 2010 before the end of this year and is also eyeing private placements in other currencies, the head of the Treasury's debt management office told Reuters.
ROME/MILAN Italy is struggling to pull together a rescue plan for Carige which the troubled Genoa-based bank needs to avoid a liquidation, two sources familiar with the matter said.
ROME/MOSCOW Russian President Vladimir Putin said on Thursday he hoped Italy would battle to restore fully fledged relations between the European Union and Russia and help persuade the bloc's new leadership that sanctions on Moscow were counter-productive.
ROME Italy's ruling 5-Star Movement is noisily threatening to rip up Atlantia's motorway concession over last year's deadly bridge collapse in Genoa, but sources have told Reuters the party is prepared to settle for revisions to its long-term deal.
ROME, Experts appointed by the Italian transport ministry say it might be best for the government to settle a dispute with infrastructure group Atlantia over its motorway concession, a draft report showed on Tuesday.
ROME Italy cut its 2019 budget deficit target on Monday in an effort to avoid European Union disciplinary action over its public finances, saying the revised data meant the country was fully compliant with EU rules.
MILAN/ROME Italian infrastructure group Atlantia accused ruling 5-Star officials on Monday of selectively leaking a government report in a campaign to revoke the group's national toll-road concession.
ROME, June 30 Italy's ruling 5-Star party
believes the government has a legal opinion that would justify
terminating a national motorway concession that accounts for a
third of core profits of infrastructure group Atlantia,
a source said on Sunday.
ROME Italy aims to clinch a deal with the European Commission over its contested public finances without setting a new goal for next year's budget deficit, a senior government source told Reuters.