The following factors could affect Italian markets on Thursday.
    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
    Italy's Parliament on Wednesday authorized the government to
increase the 2020 budget deficit, paving the way for approval in
early August of the latest stimulus package aimed at helping the
economy cope with the coronavirus crisis.
    
    ECONOMY
    ISTAT releases June employment rate data (0800 GMT).
    
    DEBT
    Treasury sells 2.25-2.75 billion euros 1.85% BTP bonds due
July 1, 2025; 2.75-3.25 billion euros 1.65% BTP bonds due Dec.
1, 2030; 0.75-1.25 billion euros CCTeu bonds due April 15, 2025.
Subscriptions close at 0900 GMT.
    
    COMPANIES
    ENEL  ENEI.MI 
    Europe's biggest utility trimmed its guidance for the year
on Wednesday citing currency effects, after posting a slight
increase in earnings in the first half to beat expectations.
 urn:newsml:reuters.com:*:nL5N2F07LN
    Enel's Chief executive Francesco Starace said on Wednesday
he was not particularly interested in selling the utility's
stake in fast broadband unit Open Fiber at this stage.
 urn:newsml:reuters.com:*:nS8N29D0G0
    
    TELECOM ITALIA  TLIT.MI 
    U.S. investment firm KKR KKR.N has made a binding offer for
a minority stake of Italy's biggest phone group so-called
last-mile grid, two sources familiar with the matter said on
Wednesday. urn:newsml:reuters.com:*:nL5N2F069B
    
    ATLANTIA  ATL.MI  
    Italy's Transport Ministry said on Wednesday it will hold a
meeting with the infrastructure group's motorway unit Autostrade
to discuss a new business plan the company had presented
following an agreement reached this month to transfer the unit
to state control.
    
    LEONARDO  LDOF.MI 
    The Italian defence group is expanding its cybersecurity
offerings in partnership with a specialist Californian software
company, looking to tap into increased security issues raised by
the growth of home working during the COVID-19 crisis.
 urn:newsml:reuters.com:*:nL5N2F074D
    
    ASTM  ASTM.MI , FNMI  FNMI.MI 
    The Italian motorway company said on Wednesday it has sold
it 13.6% in  Milan Serravalle-Milano Tangenziali - the company
that controls part of the Milan-Genoa freeway and the Milan
expressway - for 86 million euros to Italian regional railway
group Ferrovie Nord Milano.
    
    
    
    
    
    
    INTESA SANPAOLO  ISP.MI 
    Full voluntary takeover offer on UBI Banca  UBI.MI  ordinary
shares ends.
    
    ENI  ENI.MI 
    Releases H1 results (0630 GMT), followed by conference call
(0700 GMT).
    
    ASSICURAZIONI GENERALI  GASI.MI 
    Releases H1 results (0530 GMT), followed by conference call
(1000 GMT).
    
    MEDIOBANCA  MDBI.MI 
    Board meeting on FY results, followed by conference calls
with the press (1100 GMT) and with analysts (1200 GMT).
    
    DIASORIN  DIAS.MI 
    Board meeting on H1 results, followed by conference call
(1230 GMT).
    
    CNH INDUSTRIAL  CNHI.MI 
    Board meeting on H1 results, followed by conference call
(1330 GMT).
    
    SNAM  SRG.MI 
    Releases H1 results (before Bourse opening), followed by
conference call (1400 GMT).
    
    PRYSMIAN  PRY.MI 
    Board meeting on H1 results, followed by conference call
(1400 GMT).
    
    A2A  A2.MI 
    Board meeting on H1 results, followed by conference call
(1400 GMT).
    
    AUTOGRILL  AGL.MI 
    Board meeting on H1 results, followed by conference call
(1400 GMT).
    
    SARAS  SRS.MI 
    Board meeting on H1 results, followed by conference call
(1430 GMT).
    
    CERVED GROUP  CERV.MI 
    Board meeting on H1 results, followed by conference call
(1530 GMT).
    
    Leonardo  LDOF.MI 
    Board meeting on H1 results, followed by conference call
(1630 GMT).
    
    Nexi  NEXII.MI 
    Board meeting on H1 results.
    
    ARNOLDO MONDADORI EDITORE  MOED.MI 
    Board meeting on H1 results, followed by conference call.
    
    AZIMUT  AZMT.MI 
    Board meeting on H1 results.
    
    RECORDATI  RECI.MI 
    Board meeting on H1 results.
    
    ANIMA  ANIM.MI 
    Board meeting on H1 results.
    
    FINCANTIERI  FCT.MI 
    Board meeting on H1 results.
    
    GEOX  GEO.MI 
    Board meeting on preliminary H1 results.
    
    INWIT  INWT.MI 
    Board meeting on H1 results.
    
    RAI WAY  RWAY.MI 
    Board meeting on H1 results.
    
    POSTE ITALIANE  PST.MI 
    Board meeting on H1 results (press release on July 31).
    
    DIARY
    University and Research Minister Gaetano Manfredi and
Telecom Italia (TIM)  TLIT.MI  CEO Luigi Gubitosi deliver
closing addresses at "5G Academy" closing ceremony (0930 GMT).
    Rome, Senate due to vote on a request for trial for Matteo
Salvini on 'Open Arms' case.
    
    ((Milan newsroom, +39 02 6612 9507, fax +39 02 801149, 
milan.newsroom@news.reuters.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/