The CEO of MPS, whilst convinced that a merger with BPM is the best way to preserve Siena’s integrity, would not go so far as to sign off on an alternative proposal to Intesa that has no chance of success. Meanwhile, the puzzle remains incomplete

There are three main factors preventing Italy from translating job growth into higher wages: productivity that has been stagnant for decades, a tax system that penalises labour, and economic policy choices that have prioritised welfare and short-term flexibility. An analysis

The government has not yet decided whether to appeal the Milan Court of Appeal’s verdict to the Court of Cassation. But it is certain that it will not be able to proceed with the clean-up. Consequently, only the ‘cold’ area remains operational, and this is to be put up for sale. Now the post-Ilva chapter begins, with the ever-present risk of a ‘new Bagnoli’

With nearly 15 billion in loans, this would save the public budget around 120 million euros in interest each year and help reduce the burden of military expenditure. How the EU’s scheme to boost defence investment works

The Foreign Secretary spoke at a hearing on the European loan to increase defence spending: “We have decided to utilise Safe by requesting funding of 14.9 billion by the end of the year.” Within the ruling coalition, the Carroccio is putting the brakes on: “The final say rests with Parliament.” Pressure from the Commission: “There is no time to lose”

The Chinese DRAM manufacturer’s share price soars by 500 per cent on the Shanghai Stock Exchange, reaching a market capitalisation of $540 billion. For Beijing, this is proof of its growing technological autonomy and its ability to compete with the United States. Europe looks on from the sidelines

It is difficult, perhaps impossible, to say how this will end. To say, however, that Italian banks – thanks to the banking crisis – have demonstrated their strength, vitality and ambition is a fact that offers an interesting insight into the future of our country. Stories, highlights and the future

The government has approved a 17-cents tax cut, but only on diesel. The issue of resources

The judges’ ruling, the government’s indecision, the trade unions’ stance. Meanwhile, the crisis is worsening, reaching the lowest point in a dramatic saga