Italy intends to boost competition among banks with the privatisation of bailed-out lender Monte dei Paschi di Siena (MPS), Economy Minister Giancarlo Giorgetti said on Friday, adding this would help the economy.
The managing director of the International Monetary Fund (IMF) Kristalina Georgieva said on Wednesday she is confident the United States will avoid a default.
Italy's Generali confirmed all its 2024 business plan targets on Thursday after first quarter profits rose on a strong non-life performance which more than offsetting weakness in the insurer's life business.