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Italy - Factors to watch on June 6
Italy - Factors to watch on June 6

About this update from Giocamondo Study 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 .POLITICSItaly's foreign minister said on Thursday he was confident that the European Union and the U.S. could reach a trade agreement by a July 9 deadline.(*) Italians will start voting on Sunday in a two-day referendum on whether to ease citizenship laws and reverse a decade-old liberalisation of the labour market, but the vote may fail to generate sufficient turnout to be deemed valid.ECONOMYOECD releases May composite leading indicator data (1000 GMT).(*) At the upcoming NATO summit in the Hague, Netherlands, NATO will propose to alliance members an overall military spending target of 5% of gross domestic product, with 3.5% of GDP going to core military spending and another 1.5% for defence and security-related investments, Rutte said.DEBTTreasury announces sale of 12-month BOT bills, with relative amounts to be auctioned on June 11.COMPANIES(*) UNICREDIT MIL:UCG, BANCO BPM MIL:BAMIUniCredit has proposed to EU antitrust authorities the sale of 200 Banco BPM branches, located mainly in the northern city of Verona, to ease the integration between the two banks and to respect Brussels' conditions for the merger, daily la Repubblica reported on Friday.STELLANTIS MIL:STLAMThe Franco-Italian automaker said on Thursday it had called an extraordinary general meeting (EGM) on July 18 to appoint Antonio Filosa, who last month was named as the new CEO, as an executive board member. (*) Filosa is set to receive an annual base salary of $1.8 million, according to a document published by Stellantis ahead of the EGM. The amount increases considerably when annual bonuses and long term incentives are included. Filosa's contract has a duration of 5 years, with renewals every two years, the document also showed. MONTE DEI PASCHI MIL:BMPS, MEDIOBANCA MIL:MBLuigi Lovaglio, the CEO of the Tuscan bank, expressed confidence on Thursday that the take-up for his bank's bid for Mediobanca would be well above the level of 50% plus one share needed to unlock tax benefits.MEDIOBANCA, BANCA GENERALI MIL:BGNCalvert and New York City Comptroller Brad Lander will vote in favour of Italian merchant bank Mediobanca's bid for private bank Banca General on...
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