Milano Finanza
Italy pushes for deeper European cooperation on terrorism
Italy's justice minister says Europe must deepen judicial cooperation in the face of growing terrorist threats. EURACTIV’s partner Milano Finanza reports.
Italy jumps on the Chinese freight link bandwagon
Northern Italy and China will be linked by another cargo rail service from September. Faster than maritime shipping and cheaper than air freight, the service is set to be a boon for the fashion, food, automobile and hi-tech industries. EURACTIV’s partner Milano Finanza reports.
EU and Italy remain at odds over airport charges dispute
The European Commission remains unsatisfied with Italy’s responses to questions about the independence of the country’s civil aviation authority (ENAC) and charges levied at the country's largest airports. EURACTIV’s partner Milano Finanza reports.
Italy minister: German austerity has ‘weakened’ Europe
Italian transport minister Graziano Delrio claims that austerity policies imposed by Germany have weakened the European project and that the FIAT emissions scandal needs clarification from Berlin. EURACTIV’s partner Milano Finanza reports.
Milan joins race for post-Brexit financial spoils
Brexit is set to cost the City of London a slice of its lucrative financial services sector and now Milan has joined the race to become the EU's new finance capital. EURACTIV’s partner Milano Finanza reports.
Deutsche Bank sets sights on €8bn in capital hike
German banking powerhouse Deutsche Bank wants to beef up its capital reserves by selling off millions of new shares, as well as overhauling its business structure, in the wake of massive losses and international sanctions. EURACTIV’s partner Milano Finanza reports.
HSBC prepares for Brexit, ECB bond programme pays off
British multinational bank HSBC could transfer 1,000 of its employees from London to Paris within the next two years. Meanwhile, the European Central Bank’s bond-buying programmes continue to impress. EURACTIV’s partner Milano Finanza reports.
Italy ups spending on earthquake clean-up, despite Commission deficit request
The Italian government will start to increase spending on emergency funds this week to deal with the earthquakes that have struck the country, independent of a European Commission request to reduce its structural deficit. EURACTIV’s partner Milano Finanza reports.
Russian central bank governor voted best in Europe for 2017
British monthly magazine The Banker has voted the governor of Russia’s main financial institution as Central Banker of 2017, after the Russian economist halved inflation in 2016. EURACTIV’s partner Milano Finanza reports.
Commission proposes new CCP financial rules
The European Commission has adopted a proposal on financial market infrastructure that aims to manage the risk of one or more parties defaulting on transactions, in an attempt to learn from lessons provided by the global financial crisis. EURACTIV’s partner Milano Finanza reports.
Morgan Stanley advises how best to ride out potential upcoming election chaos
Financial services giant Morgan Stanley has released a report on how best to protect portfolios, ahead of Italy's crucial referendum and upcoming European elections. EURACTIV’s partner Milano Finanza reports.
ECB chief outlines three risks still facing Eurozone recovery
The profitability of European banks, weak inflation and the recovery's dependence on accommodating monetary policy are the three immediate risks facing the Eurozone, Mario Draghi has said. EURACTIV’s partner Milano Finanza reports.
EU law comes to the defence of authors of ‘forgotten’ books
Authors will retain the rights to “forgotten”, out-of-print books, after the European Court of Justice (ECJ) said that republishing them in digital format without their consent is in breach of EU law. EURACTIV’s partner Milano Finanza reports.
European Parliament to side with banks and reject new Basel banking rules
The European Parliament is expected on Thursday (10 November) to announce that it does not intend to accept new international standards that would require banks to have greater capital reserves. EURACTIV’s partner Milano Finanza reports.
Deutsche Bank plunges to historic low
Fears that Deutsche Bank will have to raise capital, in order to pay its US Justice Department fine for misselling subprime mortgages, have seen it suffer badly. Angela Merkel has ruled out state aid. EURACTIV’s partner Milano Finanza reports.
IMF: Deutsche Bank is biggest threat to global financial system
Deutsche Bank poses the greatest systemic threat to the global financial system, according to the International Monetary Fund. EURACTIV’s partner Milano Finanza reports.
Monsanto sounded out by Bayer’s massive cash offer
German pharmaceutical giant Bayer has announced its intention to offer $62 billion (€55 billion) in cash to takeover agrochemical company Monsanto, as the debate over the use of the pesticide glyphosate continues. EURACTIV’s partner Milano Finanza reports.