ROME Italy's state lender CDP has decided to raise its stake in Telecom Italia, a move that could pave the way for a possible merger of the phone group's fixed line network with that of smaller rival Open Fiber.
* Governing partner, the League, says project should go
ROME Italy aims to decide by the end of May whether to complete a high-speed rail link to France, Transport Minister Danilo Toninelli told Reuters, predicting agreement within the government on a plan that has divided its coalition parties.
MILAN/ROME Three managers at Autostrade per l'Italia, and three former managers, were found guilty of manslaughter on Friday over the deaths of 40 people in a 2013 accident on one of the company's motorways, while CEO Giovanni Castellucci was acquitted.
MILAN/ROME Italy's Popolare di Bari will try to raise up to 500 million euros ($577 million) from investors to shore up its balance sheet, a source familiar with its thinking said.
ROME/MILAN The Italian government approved a decree aimed at shoring up troubled lender Banca Carige , offering it access to a series of state-support options including recapitalisation.
* Govt policies are pushing funding cost up
(Adds Economy Minister Tria, Bank of Italy)
ROME Bank of Italy Governor Ignazio Visco said on Wednesday that families and firms would suffer if borrowing costs stayed high, and called on the government to ensure fiscal stability.
ROME European lawmakers have short-listed Italy's Andrea Enria and Ireland's Sharon Donnery to be the next head of the EU's banking supervisory body, two sources close to the matter said on Wednesday.