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Italy s Poste CEO says firms to use balance sheet in Eurovita rescue

MILAN -Italian banks and insurers that are being called upon to rescue struggling life group Eurovita will help by using their balance sheet, Poste Italiane s CEO said on Thursday, without. | May 4, 2023

Italy needs sovereign wealth fund to lure private savings - Meloni

Italy needs a sovereign wealth fund to funnel its large private savings into the corporate sector and boost the economy, Prime Minister Giorgia Meloni was quoted as telling the Milano Finanza. | April 22, 2023

Italy buys time over key appointments at state-run companies

Italy s ruling coalition on Tuesday failed to clinch a deal on key appointments at state-controlled companies, two people familiar with the matter told Reuters, as negotiations continue within the. | April 11, 2023

Italian postal service, profit down slightly; there s the dividend

The board of Poste Italiane Spa has approved the 2022 annual financial report, reporting a profit of EUR1.51 billion from EUR1.58 billion in the previous year. The board proposed the distribution of a. | March 30, 2023

Italy s Poste sees profit growth ahead as it shifts insurance risks

ROME -Poste Italiane said on Thursday it expected to grow its operating profit by 6% this year after beating its baseline target for 2022, and proposed hiking its dividend per share for both years.. | March 30, 2023

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