Giuseppe Fonte

The Treasury set a growth target of 1% this year and 1.2% in 2025 in its multi-year budget plan unveiled in September.

Italy has begun to pave the way for a third big banking group in the country by selling a chunk of state-owned Monte dei Paschi di Siena (MPS) to rival Banco BPM and the fund manager partner of both lenders.

Giuseppe Fonte and Claudia Cristoferi 2 min read In This Article By Giuseppe Fonte and Claudia Cristoferi

Giuseppe Fonte, Elvira Pollina and Elisa Anzolin 2 min read In this article By Giuseppe Fonte, Elvira Pollina and Elisa Anzolin

Italy's tax system is skewed in a way that lets society's wealthiest 7% pay proportionately less tax than low and middle-income earners, a new study shows, fuelling inequality and hurting public finances in one of Europe's most indebted nations. But the burden is unevenly spread.

Elvira Pollina and Giuseppe Fonte 2 min read By Elvira Pollina and Giuseppe Fonte

UniCredit CEO Andrea Orcel has been drawing up plans to take over Banco BPM for years and was almost ready to pull the trigger, two sources close to the matter said.

ROME (Reuters) – Italy’s Prime Minister Giorgia Meloni on Tuesday rejected criticism of her decision to appoint an ambassador to Syria before the fall of President Bashar al-Assad, and she said she was ready to talk to the country’s new government.

Italy wants UniCredit to disclose full terms of its proposed takeover of smaller rival Banco BPM under "golden power" rules EU governments can use to screen investments in strategic sectors, sources said.

The Italian government has reservations over Generali's asset management deal with France's BPCE and wants further guarantees that the Italian insurer will remain in full control of allocating savings collected in the country, three sources close to the matter said.