Italy’s Finance Ministry is backing Banca Monte dei Paschi di Siena SpA Chief Executive Officer Luigi Lovaglio for a new term, winning him support from a key stakeholder after other investors questioned his plans for the lender.
Italy’s Finance Ministry is backing Banca Monte dei Paschi di Siena SpA Chief Executive Officer Luigi Lovaglio for a new term, winning him support from a key stakeholder after other investors questioned his plans for the lender.
Luigi Lovaglio Photographer: Betty Laura Zapata/Bloomberg
Italy’s government is preparing to reconfirm Claudio Descalzi as chief executive officer of Italian state-backed energy firm Eni SpA, a move that would extend the term of one of Europe’s longest-serving oil chiefs and project continuity.
Italy’s government is preparing to reconfirm Claudio Descalzi as chief executive officer of Italian state-backed energy firm Eni SpA, a move that would extend the term of one of Europe’s longest-serving oil chiefs and project continuity.
Finance ministers from the Group of Seven nations, along with officials from other countries, met Monday in Washington to discuss a path forward to “address vulnerabilities in critical minerals supply chains,” the Treasury department said in a statement.
Finance ministers from the Group of Seven nations, along with officials from other countries, met Monday in Washington to discuss a path forward to “address vulnerabilities in critical minerals supply chains,” the Treasury department said in a statement.
A rare earth mine in Jiangxi province, China. Source: Chinatopix /AP Photo
Italian Premier Giorgia Meloni said Europe should engage with Russia over Ukraine, a pivot in her foreign policy that aligns her with recent comments from French President Emmanuel Macron.
Italian Premier Giorgia Meloni said Europe should engage with Russia over Ukraine, a pivot in her foreign policy that aligns her with recent comments from French President Emmanuel Macron.
Giorgia Meloni in Rome, on Jan. 9. Photographer: Alessia Pierdomenico/Bloomberg
Italy’s promise to raise defense spending to meet NATO targets will not impact the country’s social safety net, Finance Minister Giancarlo Giorgetti said.
Italy’s promise to raise defense spending to meet NATO targets will not impact the country’s social safety net, Finance Minister Giancarlo Giorgetti said.
An Italian soldier during a NATO artillery exercise in Grafenwoehr, southern Germany.
Italy’s promise to raise defense spending to meet NATO targets will not impact the country’s social safety net, Finance Minister Giancarlo Giorgetti said.
Italy’s promise to raise defense spending to meet NATO targets will not impact the country’s social safety net, Finance Minister Giancarlo Giorgetti said.
An Italian soldier during a NATO artillery exercise in Grafenwoehr, southern Germany.
Italy’s Senate approved a budget for 2026, advancing legislation that will tame the country’s deficit along with a contentious amendment over the ownership of its gold reserves.
Italy’s Senate approved a budget for 2026, advancing legislation that will tame the country’s deficit along with a contentious amendment over the ownership of its gold reserves.
Gold bars in the vault of the Bank of Italy in Rome. Photographer: Vittoriano Rastelli/Getty Images
Italy’s Senate approved a budget for 2026, advancing legislation that will tame the country’s deficit along with a contentious amendment over the ownership of its gold reserves.
Italy’s Senate approved a budget for 2026, advancing legislation that will tame the country’s deficit along with a contentious amendment over the ownership of its gold reserves.
Gold bars in the vault of the Bank of Italy in Rome. Photographer: Vittoriano Rastelli/Getty Images
Italy didn’t exert undue influence over the Banca Monte dei Paschi di Siena SpA takeover of smaller rival Mediobanca SpA, Finance Minister Giancarlo Giorgetti said.
Italy didn’t exert undue influence over the Banca Monte dei Paschi di Siena SpA takeover of smaller rival Mediobanca SpA, Finance Minister Giancarlo Giorgetti said.
Italy didn’t exert undue influence over the Banca Monte dei Paschi di Siena SpA takeover of smaller rival Mediobanca SpA, Finance Minister Giancarlo Giorgetti said.
Italy didn’t exert undue influence over the Banca Monte dei Paschi di Siena SpA takeover of smaller rival Mediobanca SpA, Finance Minister Giancarlo Giorgetti said.
European Central Bank officials expect the cycle of interest-rate cuts to most likely be finished based on the latest outlook for growth and inflation, according to people familiar with the debate.
European Central Bank officials expect the cycle of interest-rate cuts to most likely be finished based on the latest outlook for growth and inflation, according to people familiar with the debate.
The headquarters of the European Central Bank in Frankfurt.
European Central Bank officials expect the cycle of interest-rate cuts to most likely be finished based on the latest outlook for growth and inflation, according to people familiar with the debate.
European Central Bank officials expect the cycle of interest-rate cuts to most likely be finished based on the latest outlook for growth and inflation, according to people familiar with the debate.
The headquarters of the European Central Bank in Frankfurt.
The European Central Bank warned Italy that the government’s tendency to impose one-off levies creates uncertainty, undermines investor confidence and risks legal disputes.
The European Central Bank warned Italy that the government’s tendency to impose one-off levies creates uncertainty, undermines investor confidence and risks legal disputes.
Giorgia Meloni’s government is aiming to raise several billion euros from banks to help boost government revenue.
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