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 prosecutors are looking into the alleged hacking of seven phones, including that of the head of political gossip website Dagospia, sources said, as part of a surveillance scandal involving the technology of spyware company Paragon.
European Union budget rules are "stupid and senseless" and need to be changed to allow member states to boost defence spending as recommended by Brussels, Italian Economy Minister Giancarlo Giorgetti said on Thursday.
DEBT
Treasury announces sale of BTP Short and BTPei bonds, with relative amounts to be auctioned on June 25.
COMPANIES
UNICREDIT MIL:UCG, BANCO BPM MIL:BAMI, ANIMA MIL:ANIM, MONTE DEI PASCHI DI SIENA MIL:BMPS
(*) UniCredit's CEO Andrea Orcel said in a newspaper interview on Friday the Italian bank was likely to withdraw its offer for smaller peer Banco BPM.
(*) Orcel also said his bank had reported to market regulator Consob suspected anomalies in the government's sale of a 15% stake in Monte dei Paschi di Siena to a small group of investors, including Anima and Banco BPM.
EU antitrust regulators had on Thursday approved with conditions the UniCredit bid for Banco BPM. UniCredit agreed to sell 209 branches in northern Italy to allay competition concerns.
ENI MIL:ENI
Versalis, the chemical unit of the Italian energy group, on Thursday unveiled a demonstration plant based on its new proprietary technology for the chemical recycling of mixed plastic waste.
(*) BPER BANCA MIL:BPE, POPOLARE DI SONDRIO MIL:BPSO
Mario Alberto Pedranzini, the head of Banca Popolare Sondrio, told daily Il Sole 24 Ore on Friday that the offer for his bank by rival BPER Banca is dilutive and his shareholders would not benefit sufficiently from the synergies of the merger, which also faced clear execution risks.
(*) ITALGAS MIL:IG
The Italian gas distributor said on Friday its capital increase had ended with the subscription of around 98.7% of the shares offered, worth a total of slightly more than 1 billion euros ($1.15 billion).
BRUNELLO CUCINELLI MIL:BC
FMR LLC cut its stake in the Italian luxury fashion group to 4.351% from 9.483% as of June 6, Italy's market regulator Consob said in a filing on Thursday.
CLASS EDITORI MIL:CLE
The Italian businessman Francesco Gaetano Caltagirone held 5.16% stake in the publishing group as of June 11, Italy's market regulator Consob said in a filing on Thursday.
UNIPOL GROUP MIL:UNI
Extraordinary shareholders' meeting (0930 GMT).
AATECH MIL:AAT
Ends capital increase.
DIARY
Economy Minister Giancarlo Giorgetti attends ECOFIN meeting in Luxembourg.
Rome, "The Mattei Plan for Africa and the Global Gateway: A common endeavour with the African Continent" summit co-chaired by Prime Minister Giorgia Meloni and EU Commission President Ursula von der Leyen welcoming leaders from the African Union, Angola, Zambia, Congo, Tanzania and the heads of the Multilateral Financial Institutions International Monetary Fund, World Bank, African Development Bank and Africa Finance Corporation (0900 GMT).
Rome, Cabinet meeting (1400 GMT).
Rome, Economy Minister Giancarlo Giorgetti attends tax police 'Guardia di Finanza' festival (1600 GMT).
Rome, Industry Minister Adolfo Urso attends "AI Hub for Sustainable Development, preparatory work" event.
Milan, market regulator CONSOB holds annual meeting with financial markets, closing 50-year celebrations (0900 GMT).
Milan, 2026/2027 Spring/Summer 'Milan fashion week' men's shows start; end on June 24.
((Milan newsroom, e-mail: ))
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