For a complete list of diary events in Italy please click on .
POLITICS In power for just five months, Italy's right-wing government is pushing back on an array of initiatives aimed at greening the economy, arguing that local business can ill-afford previously agreed transition goals.
ECONOMY The European Commission has frozen an overdue 19-billion-euro ($20.50 billion) tranche of post-pandemic funds for Italy, requesting clarification over Rome's efforts to meet the "targets and milestone" needed to unlock the money.
ISTAT releases March consumer and business confidence data (0800 GMT).
DEBT Italy's Treasury said on Monday it would offer up to 9 billion euros in bonds at an auction on March 30. The Treasury also said that in the course of the second quarter it would offer new 5-year, 7-year and 10-year BTP bonds. Treasury sells 2.25-2.75 billion euros 3.40% BTP short bonds due March 28, 2025; 1.0-1.25 billion euros 2.50% BTP bonds due Dec. 1, 2024; 1.0-1.5 billion euros 0,10% BTPei bonds due May 15, 2033. Subscriptions close at 0900 GMT.
COMPANIES
IVECO The CEO of Italian truck and bus maker has condemned as "plain stupid" the Euro 7 standards which tighten vehicle emission limits for pollutants including nitrogen oxides and carbon monoxide in the European Union from 2025.
TELECOM ITALIA The phone group sent on Friday to the U.S. investment firm KKR and the consortium formed by Italian state lender CDP and Australian infrastructure fund Macquarie new elements for the evaluation of NetCo, a unit comprising TIM's network grid and the Sparkle submarine cable business, a source close to the matter told Reuters. (*) Bloomberg reported on Monday that CDP is planning to increase its offer for NetCo by about 2 billion euros ($2.16 billion) for a total value exceeding 20 billion euros.
FERRARI The head of Ferrari on Monday welcomed plans to exempt cars that run on e-fuels from the European Union's planned 2035 phase-out of new combustion engine vehicles as they will give the luxury carmaker "greater freedom" on its power systems.
SAN LORENZO The Italian yachtmaker said in a statement on Tuesday that it has acquired 49% of share capital of Sea Energy, for a total amount of almost 2.7 million euros.
INTESA SANPAOLO CEO Carlo Messina earned a total compensation of 7.2 million euros ($7.8 million) last year, including a 4.6 million euro bonus, which is partly in shares and gets paid over a number of years, a document on the bank's website showed.
DIARY Rome, Cabinet meeting (1500 GMT) Rome, Economy Minister Giancarlo Giorgetti attends "Air Force Centenary" ceremony (0840 GMT); President Sergio Mattarella (0900 GMT) Rome, market regulator CONSOB holds meeting on "Corporate governance, sustainability and dialogue with shareholders" (0800 GMT); Economy Minister Giancarlo Giorgetti delivers opening address.
Milan, Industry Minister Adolfo Urso delivers speech via videoconference at meeting of Association of Consumer Goods Industries (1030 GMT) Milan, round-table discussion on "Global challenges for diversified firms: the endeavour of De Agostini Group" with BNL BNP Paribas CEO Elena Goitini, Rothschild Vice Chairman Paolo Scaroni (1615 GMT) Milan, Cariplo Foundation presents first report on inequalities with President Giovanni Fosti, Lombardy region Governor Attilio Fontana, Intesa Sanpaolo CEO Carlo Messina, Assicurazioni Generali Chairman Andrea Sironi, Italian Bishops' Conference (CEI) President Cardinal Matteo Maria Zuppi (0845 GMT)
For Italian market data and news, click on codes in
brackets:
20 biggest gainers (in percentage)............ 20 biggest losers (in percentage)............. FTSE IT allshare index FTSE Mib index........ FTSE Allstars index... FTSE Mid Cap index.... Block trades.......... Stories on Italy...... For pan-European market data and news, click on codes in
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European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets:
Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:............................... ($1 = 0.9262 euros)
($1 = 0.9246 euros)
