Giuseppe Fonte

The Group of Seven (G7) will explore ways of using the future income from frozen Russian assets to help Ukraine, finance chiefs from the G7 industrial democracies say, according to a draft statement seen by Reuters.

“It seems to me that a fairly general consensus has emerged on the possibility of a rate cut,” Panetta, the Bank of Italy governor, said during the

Italian banks must halt their business in Russia as staying in the country also brings a "reputational problem," European Central Bank policymaker Fabio Panetta said on Saturday.

The pontiff apologized last month after reports emerged that he had used an insulting term for gays in a previous meeting.

By Giuseppe Fonte ROME (Reuters) - The European Central Bank has overreached in pushing Italian bank UniCredit to get out of Russia, Italy's Foreign Minister Antonio Tajani said on Friday.

Six international and domestic players have expressed interest in taking over the steelworks of Acciaierie d'Italia (ADI) which was formerly known as Ilva, the government told trade unions during a meeting on Wednesday.

Fitto, 55, has been the minister in charge of Italy’s sluggish efforts to spend EU COVID-19 recovery funds, and meet reform targets tied to the money.

By Giuseppe Fonte ROME (Reuters) - Italy will not present its new budget plan until next month, missing the European Union's September

ROME (Reuters) – BlackRock, the world’s biggest asset manager, has secured Italian government approval to hold a stake of more than 3% in defence and aerospace group Leonardo, a government document showed on Monday.

Italy intends to change part of a contested law on corporate governance rules that has triggered criticism from asset managers and financial companies, Economy Minister Giancarlo Giorgetti said on Tuesday.