MILAN, April 5 (Reuters) – The board of Telecom Italia
is expected to discuss a possible tie-up with
Hutchison Whampoa’s Italian business next week,
sources with direct knowledge of the situation said, in new
attempt to revive the company.
Chairman Franco Bernabe is under pressure from shareholders
to deliver higher returns that could lift the indebted company’s
share price from just above all-time lows.
One month from #elections, #Italy still lacks a government.
Looks like some of Grillo’s party members violated his orders and backed ex anti-Mafia chief #Grasso as Upper House chairman. #Italy
Two very interesting people chosen to chair Italy’s Upper and Lower House. No government yet. #Italy
It’s Pietro Grasso
MILAN, March 15 (Reuters) – Financial investors would prefer
Italy avoided new elections, concerned they would just postpone
economic reform and bring little hope of resolving a
parliamentary deadlock, a survey by U.S. bank Morgan Stanley
showed on Friday.
Only significant funding problems and a much deeper
recession would reignite the sort of fear that pushed Italy’s
10-year bond yields above 6.5 percent in July, according to the
survey of 317 market participants carried out this week.