Italy’s UniCredit said Wednesday that it has acquired a 9% stake in Germany’s Commerzbank. It said it bought about half of the stake via a bid to the German government, which is seeking to reduce its stake in the bank after a bailout 16 years ago, and got the rest
Former European central banker and Italian premier Mario Draghi will be in Strasbourg on Tuesday, September 17, to present his report on competitiveness during a plenary session of the European Parliament, the EP presidency announced on Wednesday. Draghi on Monday presented his 400-page blueprint on the future of European competitiveness,
The leaders of the ruling coalition, Premier Giorgia Meloni, Deputy Premier and Transport Minister Matteo Salvini, Deputy Premier and Foreign Minister Antonio Tajani, and Maurizio Lupi announced in a joint statement on Wednesday that the centre-right candidate for Liguria governor is Marco Bucci, the current mayor of Genoa. The regional
The Lower House on Wednesday approved a new measure in article 10 of the security bill that makes squatting in residential buildings a criminal offense punishable by jail terms ranging from two to seven years. Members of the centre-left opposition slammed the new crime of “arbitrary occupation” of a residential
Pope Francis has accepted the resignation presented by Monseigneur Heinz-Gnter Bongartz, 69, as auxiliary bishop of the diocese of Hildesheim in Germany, the Holy See said on Wednesday. The auxiliary bishop was accused by a parish priest of covering up cases of sexual abuse of minors by a priest who
Italy needs to “increase the rate and depth of building renovation, specifically of worst-performing buildings”, the European Commission said on Wednesday, in a chapter dedicated to Italy in its annual State of the Energy Union report. The social repercussions of the poor energy performance of the Italian residential sector shed
