Italy - Factors to watch on December 8

Alerion Clean Power

08/12/2025 05:00

The following factors could affect Italian markets on Monday.

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 IT/DIA.

POLITICS

(*) The European Union needs major institutional reforms to reverse its diminishing influence on the world stage, Italy's Foreign Minister Antonio Tajani told daily Corriere della Sera in an interview published on Monday.

Italian Prime Minister Giorgia Meloni spoke by phone on Sunday with Ukrainian President Volodymyr Zelenskiy ahead of his planned visits to London, Brussels and Rome for talks on the peace process, her office said.

Meloni reaffirmed Italy's solidarity after what she called a fresh wave of "indiscriminate" Russian strikes on civilian targets and announced the dispatch of emergency supplies to support Ukraine's energy infrastructure and population.

Italy's Council of State, the country's top administrative court, has declared void a 2023 government decision that set terms for a loan issued by Cedacri, a banking software firm owned by fintech group ION, a document showed on Friday.

The court decision deals a fresh blow to a set of special powers Italy has used in recent years to vet corporate deals involving assets deemed strategic for the country, eventually drawing scrutiny from European Union authorities.

DEBT

Italy's Treasury said on Friday it had cancelled auctions for a BOT bill and for short-term and long-term BTP bonds planned for December 29 and 30.

The Treasury also said it would sell up to 5 bln euros in bonds at Dec 11 auction.

COMPANIES

MONTE DEI PASCHI BMPS.MI

The Tuscan bank on Friday expressed support for its chief executive Luigi Lovaglio, who is under criminal investigation in connection with the bank's takeover of Mediobanca.

     Italy's market regulator has found no evidence of a secret agreement involving Monte dei Paschi di Siena and some of its shareholders to gain control of Mediobanca and insurer Generali, Il Sole 24 Ore reported on Saturday. A Consob spokesperson declined to comment.

BANCO BPM BAMI.MI

Fitch upgraded the bank's long-term issuer default rating on Friday to 'BBB' from 'BBB-'. The outlook is stable.

BPER EMII.MI

Fitch upgraded the bank's long-term issuer default rating to 'BBB' from 'BBB-', with a positive outlook, the ratings agency said on Friday.

POSTE PST.MI, TELECOM ITALIA TLIT.MI

The state-backed group, which runs mail, parcel, payments, energy and broadband services, is weighing options to keep a big stake in Telecom Italia (TIM), including selling its broadband arm to the former phone monopoly in exchange for shares, three people with knowledge of the matter told Reuters on Friday.

(*) FERRARI RACE.MI

Morgan Stanley on Monday cut its rating on the luxury sports car maker to 'equal weight' from 'overweight' and lowered the target price to $425 per share from $520.

(*) BUZZI BZU.MI

Deutsche Bank on Monday raised its rating on the cement maker to 'buy' from 'hold', and increased the target price to 58 euros per share from 48.

(*) JUVENTUS JUVE.MI

The Turin-based club lost 2-1 away to Napoli on Sunday, remaining in seventh place in Serie A, eight points behind Napoli who are top.

(*) LAZIO LAZI.MI

The Rome-based club were held to a 1-1 draw at home to Bologna on Sunday, and stand in 10th place in Serie A, twelve points behind leaders Napoli.

ALERION ARN.MI

The green power producer said on Friday it had signed a deal to sell its stake in a 52-megawatt operating wind farm in the south of the country to utility Estra.

Milan Stock Exchange After Hours market closed.

DIARY

Economy Minister Giancarlo Giorgetti attends "G7 Finance Canada" virtual mMeeting via videoconference (1145 GMT).

Rome, ACEA ACE.MI Chairwoman Barbara Marinali attends Christmas tree lighting ceremony in Piazza del Popolo (1730 GMT).

Rome, "Atreju" festival continues; ends on December 1.

((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))

For Italian market data and news, click on codes in
brackets:

20 biggest gainers (in percentage).............PG.MI

20 biggest losers (in percentage)..............PL.MI

FTSE IT allshare index .FTITLMS

FTSE Mib index........ .FTMIB

FTSE Allstars index... .FTSTAR

FTSE Mid Cap index.... .FTITMC

Block trades.......... .BLK.MI

Stories on Italy...... IT-LEN

For pan-European market data and news, click on codes in
 brackets:

  European Equities speed guide...................EUR/EQUITY

  FTSEurofirst 300 index...............................FTEU3

  DJ STOXX index.......................................STOXX

  Top 10 STOXX sectors............................PGL.STOXXS

  Top 10 EUROSTOXX sectors.......................PGL.STOXXES

  Top 10 Eurofirst 300 sectors....................PGL.FTEU3S

  Top 25 European pct gainers........................PG.PEUR

  Top 25 European pct losers.........................PL.PEUR

  Main stock markets:

  Dow Jones................DJI  Wall Street report ......N

  Nikkei 225..............N225  Tokyo report.............T

  FTSE 100................FTSE  London report............L

  Xetra DAX..............GDAXI  Frankfurt market stories.F

  CAC-40..................FCHI  Paris market stories....PA

  World Indices.....................................0#.INDEX

  Reuters survey of world bourse outlook.........EQUITYPOLL1

  Western European IPO diary..........................WEUIPO

  European Asset Allocation........................EUR/ASSET

  Reuters News at a Glance: Equities...............TOP/EQE

  Main currency report:...............................FRX/