The following factors could affect Italian markets on Thursday.
Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).
For a complete list of diary events in Italy please click on
.
POLITICS
Italy will take a "responsible" approach to its budget policy, Economy Minister Giancarlo Giorgetti said, after the European Commission recommended disciplinary budget steps against Rome along with six other countries over their high fiscal gaps.
DEBT
Treasury announces sale of BTP Short and BTPei bonds, with relative amounts to be auctioned on June 25.
COMPANIES
Telecom Italia (TIM) is working to finalise the sale of its fixed line network to KKR on July 1, the telecoms group CEO told during investors meeting at Mediobanca headquarters in Milan, according to a source briefed on the matter. Pietro Labriola also said the company could consider M&A for its domestic operations, according to the same source. In particular, it could consider a merger of its enterprise business with a peer in the IT sector, while the consumer business could explore a deal with a rival.
MEDIA
Advertising spending in Italy rose 6.7% year-on-year in April, Nielsen said on Wednesday.
DOXEE
Ends capital increase.
DIARY
Economy Minister Giancarlo Giorgetti attends a Eurogroup meeting in Luxembourg.
Rome, Cabinet chaired by Prime Minister Giorgia Meloni (1500 GMT). It is likely to adopt a package of measures aimed at boosting procurement and reuse of critical raw materials.
((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))
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
brackets:
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:...............................
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