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Italy - Factors to watch on April 10
Italy - Factors to watch on April 10
About this update from Snam S.p.a.
The following factors could affect Italian markets on Friday.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(*) Italian Prime Minister Giorgia Meloni, in her first parliamentary speech since last month's referendum defeat, on Thursday ruled out a government reshuffle and pledged to serve a full parliamentary term, until the second half of 2027.Italy's government moved on Thursday to limit disruption from a major landslide that cut rail and motorway links along a key north-south transport corridor, declaring a state of emergency and pledging millions for repair efforts.ECONOMYItaly is preparing to cut its GDP growth estimates to factor to factor in the negative impact of rising energy prices, Economy Minister Giancarlo Giorgetti said on Thursday.ISTAT releases February industrial output data (0800 GMT).Bank of Italy releases February data on Italian residents deposits with domestic banks, bank lending to non-financial companies and gross bad loans at Italian banks.DEBTTreasury sells up to 8 billion euros ($9.35 billion) in BTP bonds. Subscriptions close at 0900 GMT.COMPANIES(*) CREDITO EMILIANO (EMBII.MI)According to several Italian newspapers the lender is exploring a possible acquisition of the Banca del Mezzogiorno banking group.LEONARDO MIL:LDO, ENI MIL:ENI ENEL MIL:ENEL, ENAV MIL:ENAVItaly on Thursday proposed to appoint Lorenzo Mariani as the new chief executive of defence group Leonardo, replacing Roberto Cingolani, a Treasury statement said, confirming an earlier Reuters report.As widely expected, Rome also proposed reappointing Claudio Descalzi and Flavio Cattaneo at the helm of energy groups Eni and Enel respectively.Igor De Biasio will lead air traffic controller Enav, replacing Pasqualino Monti.(*) LEONARDOCanada is lobbying to be admitted to the GCAP, the UK- Italy-Japan joint advanced fighter jet development programme, the Financial Times reported on Friday, citing people familiar with the matter.(*) MONTE DEI PASCHI DI SIENA MIL:BMPSCalifornia State Teachers' Retirement System (CALSTRS), an investor in the Tuscan bank with a 0.09% stake, will support the dissident slate put forward by PLT Holding for the renewal of the board, voting intentions published online showed. CALSTRS also said it would vote agains...