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Tags (104) : Italy

Italian fashion house Etro to be acquired by LVMH

Italian fashion house Etro to be acquired by LVMH
07/20/2021 - Eric Apim | Industry
ITALY / FRANCE. The Italian family fashion house Etro has signed a sale agreement with L Catterton, a Franco-American private-equity company co-founded by Catterton, LVMH and the Arnault group.
Arnault, Catterton, distribution, Etro, fashion, fashion house, Financière Agache, France, Gerolamo Etro, Italy, L Catterton, L Catterton Europe, LVMH, Milan

European Commission approves Italy's recovery plan

European Commission approves Italy's recovery plan
06/23/2021 - Eric Apim | Society / Institutions
ITALY. After Portugal, Spain and Greece, the European Commission approves Italy's recovery and resilience plan and will finance €191.5bn of a total €222.1bn investment package.
Covid-19, economy Italy, European Commission, Italy, Mario Draghi, NextGenerationEU, Paolo Gentiloni, recovery, Recovery and Resilience Facility, resilience, Roma, RRF, Ursula von der Leyen

EIB and Santander join forces to provide €2bn to companies affected by the crisis

EIB and Santander join forces to provide €2bn to companies affected by the crisis
06/22/2021 - Eric Apim | Services
EU. As part of the European Guarantee Fund, the European Investment Bank and the Spanish bank Santander sign two agreements to open credit lines reserved for the early payment of suppliers.
Austria, Banco Santander, bank, EGF, EIB European Investment Bank, European Guarantee Fund, finance, France, Germany, Italy, José M.Linares, Ricardo Mourinho Félix, SME, Spain

European Commission takes France and Italy to court over poor water quality

European Commission takes France and Italy to court over poor water quality
06/10/2021 - Eric Apim | Environment
EU. France for its untreated wastewater in a hundred agglomerations and Italy for its unsafe drinking water in six areas of the country will have to explain themselves to the European Court of Justice.
Bagnoregio, Civitella d'Agliano, environment, European Commission, Fabrica di Roma, Farnese, France, Italy, Ronciglione, Tuscania, urban planning, wastewater, water

European Council endorses the use of a common debt issue

European Council endorses the use of a common debt issue
06/01/2021 - Eric Apim | Society / Institutions
E.U.. The European Commission will be able to launch the process of issuing a common debt on the own resources of the twenty-seven Member States. A first.
António Costa, Covid-19, European Commission, European Council, European Union (EU), France, Italy, Next Generation EU, NextGenerationEU, pandemic, Portugal, Spain

The Ouigo Madrid Barcelona high-speed line kicks off the battle for rail in Spain

The Ouigo Madrid Barcelona high-speed line kicks off the battle for rail in Spain
05/07/2021 - Eric Apim | Transport
SPAIN / FRANCE. The Spanish railway operator Renfe is losing its monopoly with the launch of the high-speed line between Madrid and Barcelona marketed by Ouigo Spain, a subsidiary of Sncf Voyageurs.
Air Nostrum, Andalusia, Barcelona, European Union (EU), France, Germany, Grand Est, Hauts de France, Ilsa, Italy, Lyon, Madrid, Marseille, Montpellier, Ouigo, Ouigo Spain, Paris, rail transport, Renfe, Saragossa, Sncf, Sncf Voyageurs, Spain, Tarragona, Trenitalia, Valencia

Portugal, first Member State to present its recovery plan to the European Commission

Portugal, first Member State to present its recovery plan to the European Commission
04/22/2021 - Frédéric Dubessy | Society / Institutions
PORTUGAL. Lisbon is the first capital of the European Union to officially present its recovery and resilience plan (RRP) to the European Commission, which must validate it.
António Costa, Brussels, Ecofin, Elysée, Emmanuel Macron, European Commission, European Recovery Plan, European Union (EU), France, FTJ, green economy, Horizon Europe, InvestEU, Italy, Lisbon, Madrid, Mariana Viera da Silva, Mario Draghi, NextGenerationEU, Paris, Pedro Sánchez, ReactEU, rescUE, resilience, RRP, Spain, Ursula von der Leyen

Libya's economic outlook: A huge cake to share

Libya's economic outlook: A huge cake to share
04/15/2021 - Frédéric Dubessy | Society / Institutions
LIBYA. The tempo is accelerating for many countries wishing to participate in the economic battle currently being waged around reconstruction and oil. The diplomatic ballet continues to grow in Tripoli. But the dancers are not all on the same footing.
Alain Chouet, Ankara. Abdel Hamid Dbeibah, Bernard Valero, Cameron, Charles Michel, China, Crete, DGSE, Egypt, EIB European Investment Bank, EU-Turkey Migration Agreement, European Union (EU), Fayez al-Sarraj, France, Germany, GNA, Greece, Henry Marty-Gauquié, Italy, Jean-François Coustillière Gaddafi, JFC Analysis Group, Khalif Haftar, Kyriakos Mitsotakis, Libya, Libyan dinar, libyan economy, Mario Draghi, Misrata, oil, Qatar, Recep Tayyip Erdogan, Robert Abela, Russia, Saif Al-Islam Gaddafi, Sarkozy, Sfax, Spain, Tripoli, Tunis, Tunisia, Turkey, United Arab Emirates, United Nations

Christian Graeff: "The has-beens are now out of the game in Libya"

Christian Graeff: "The has-beens are now out of the game in Libya"
04/09/2021 - Interview by Frédéric Dubessy | Society / Institutions
LIBYA. In an exclusive interview granted to econostrum.info, Christian Graeff, French ambassador to Libya from 1982 to 1985, gives a less than optimistic assessment of the future of this country torn apart by its divisions for ten years. The ninety-seven year old diplomat however gives the keys to avoid a "Syrianization" of Libya.
Africa, Beirut, Benghazi, Berkane, Christian Graeff, Cyrenaica, Dbeibah, Fayez al-Sarraj, Fezzan, Gamal Abd El Nasser, Geneva, Italy, Joe Biden, Khalifa Haftar, Libya, Mediterranean, Mitterrand, Muammar Gaddafi, Roland Dumas, Russia, Saif al-Islam Gaddafi, Spain, Syria, Tripolitania, Turkey, United Nations, United States

European Investment Bank puts €3.7bn on the table to help businesses

European Investment Bank puts €3.7bn on the table to help businesses
03/12/2021 - Eric Apim | Society / Institutions
EU. The European Investment Bank approves €3.7 billion in new financing to support the private sector in the face of the pandemic, improve the energy transition and transport.
Banja Luka, bank, Bosnia and Herzegovina, EGF, EIB European Investment Bank, energy transition, Europe, European Union (EU), finance, Finland, France, Georgia, Greece, investment, Italy, Jyvaskyla, Pan-European Guarantee Fund, Poland, Slovenia, solar energy, Spain, Stockholm, transport, urban planning, wind energy

The European Commission proposes 530 M€ for emergency measures against Covid-19

The European Commission proposes 530 M€ for emergency measures against Covid-19
03/11/2021 - Eric Apim | Society / Institutions
EU. EU. The European Commission is proposing to release an envelope of nearly 530 M€ to support emergency measures against the coronavirus. Three Mediterranean countries in the process of accession will be able to benefit from it.
 version française
Albania, Austria, Belgium, coronavirus crisis, Covid-19, Croatia, Czech Republic, Elisa Ferreira, Estonia, European Commission, European Council, European Parliament, European Union (EU), European Union Solidarity Fund, EUSF, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Montenegro, pandemic, Portugal, Romania, Serbia, Spain

France joins the Eastern Mediterranean Gas Forum

France joins the Eastern Mediterranean Gas Forum
03/10/2021 - Eric Apim | Industry
MEDITERRANEAN. The Member States of the Eastern Mediterranean Gas Forum have accepted the arrival of France as a member and the United States as a permanent observer. version française
Cyprus, Eastern Mediterranean, Egypt, EMGF, energy, France, gas, Gaza, Greece, Israel, Italy, Jordan, Mediterranean, Palestine, Turkey, United States

France is the world leader in anti-competitive repression, with €1.8 billion in fines in 2020

France is the world leader in anti-competitive repression, with €1.8 billion in fines in 2020
02/23/2021 - Frédéric Dubessy | Society / Institutions
FRANCE. According to the "Global antitrust enforcement" report published by Allen & Overy, France imposed nearly €1.8 billion in financial sanctions on companies found guilty of anti-competitive measures in 2020.
 version française
Allen & Overy, anticompetitive measures, Apple, cartel, China, competition, Europe, European Commission, European Union (EU), Forex, France, Gafa, Global antitrust enforcement, Hungary, Italy, Spain, Thailand, Turkey, United Kingdom, United States

Renault records a historic loss of €8 billion in 2020

Renault records a historic loss of €8 billion in 2020
02/19/2021 - Eric Apim | Industry
FRANCE. Catastrophic year for Renault with a 21.7% drop in revenues in 2020, despite a better second half of the year.
 version française
automobile industry, China, Covid-19, Dacia, electric vehicles, Europe, France, Italy, Luca de Meo, Morocco, Renault, Renault Samsung Motor, Spain, Turkey, Zoe

Mario Draghi goes to Italy's bedside and promises radical remedies

Mario Draghi goes to Italy's bedside and promises radical remedies
02/17/2021 - Frédéric Dubessy | Society / Institutions
ITALY. Having achieved the union of the left and the extreme right in his new government, Mario Draghi should have no difficulty in gaining the confidence of the two Italian assemblies. version française
Covid-19, Europe, Five Star Movement, France, Giancarlo Giorgetti, Istat, Italian economy, Italian politics, Italy, Johns Hopkins University, League, Luigi di Maio, Mario Draghi, Matteo Salvini, Mediterranean, Sergio Mattarella, Spain, Turkey

Mario Draghi dons the costume of Italy's saviour

Mario Draghi dons the costume of Italy's saviour
02/04/2021 - Frédéric Dubessy | Society / Institutions
ITALY. Italian President Sergio Mattarella has asked Mario Draghi, former President of the European Central Bank, to form the new Italian government.
Bank of Italy, Christine Lagarde, ECB, European Central Bank, European Commission, Giuseppe Conte, Goldman Sachs, Greece, Italy, Mario Draghi, Matteo Renzi, politics, Roberto Gualtieri, Rome, Sergie Matterella, social bonds, SURE

Nine Member States receive €14bn loans to overcome their Covid-19 spending

Nine Member States receive €14bn loans to overcome their Covid-19 spending
02/02/2021 - Eric Apim | Society / Institutions
EU. The European Commission has disbursed loans totalling €14 billion to nine Member States.
Belgium, coronavirus crisis, Covid-19, Croatia, Cyprus, European Commission, European funds, European Union (EU), finance, Greece, Hungary, Italy, Johannes Hahn, Latvia, Lithuania, Malta, Paolo Gentiloni, Poland, Portugal, Romania, Slovakia, Slovenia, social and solidarity economy, social obligations, Spain, SURE, Ursula von der Leyen

Turkey increases its trade deficit by 69% in 2020

Turkey increases its trade deficit by 69% in 2020
02/02/2021 - Eric Apim | Society / Institutions
TURKEY. According to the Turkish Institute of Statistics, Turkish exports fell by 6.3% in 2020 compared to the previous year, with a total of $169.48 billion.
China, Fatih Dönmez, Germany, Iraq, Italy, oil, Ruhsar Pekcan, Russia, trade, TUIK, Turkey, Turkish Institute of Statistics, United Kingdom, United States

14 bn extra funding to help European countries in their recovery

14 bn extra funding to help European countries in their recovery
01/27/2021 - Eric Apim | Society / Institutions
EU. The European Commission has issued €14bn worth of social bonds under the SURE instrument developed by the European Union to help eighteen Member States protect jobs and employees from the consequences of the health crisis.
coronavirus crisis, Croatia, Cyprus, European Commission, European Union (EU), Greece, Italy, Johannes Hahn, Malta, NextGenerationEU, Portugal, Slovenia, social obligations, Spain, SURE, unemployment

Restriction measures are being stepped up around the Mediterranean

Restriction measures are being stepped up around the Mediterranean
01/15/2021 - Gérard Tur | Society / Institutions
MEDITERRANEAN. The situation related to the pandemic is changing almost daily, with measures taken region by region or city by city in some countries.
Algeria, bars, Catalonia, catering, confinement, Covid-19, culture, curfew, Egypt, epidemic, France limit, Greece, Israel, Italy, Lebanon, Mediterranean, Morocco, pandemic, Portugal, restrictions, Spain, sports halls, Tunisia, Turkey, WHO

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