Italy - Factors to watch on March 25

Hera SpA

25/03/2026 05:00

The following factors could affect Italian markets on Wednesday.

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

Giorgia Meloni's defeat in a justice reform referendum has thrust the Italian leader into the toughest phase of her premiership, with her authority weakened, her reform programme in tatters and no easy way to regain the initiative.

     Two officials quit Italy's justice ministry on Tuesday and Prime Minister Giorgia Meloni called on a minister to resign, the day after the government's resounding defeat in the referendum.

DEBT

The Italian Treasury said on Tuesday it would sell up to 8.5 billion euros ($9.83 billion)of 5-year and 10-year bonds at an auction on March 27.

Treasury sells BTP Short and BTPei bonds. Subscriptions close at 1000 GMT.

COMPANIES

MONTE DEI PASCHI BMPS.MI

Italy's third-largest bank said on Tuesday its board had chosen Fabrizio Palermo as its candidate for chief executive, pitting the head of Rome‑based utility ACEA against current CEO Luigi Lovaglio in a race to lead the lender.

INWIT INWT.MI

Shares in Italy's largest mobile telecom towers company INWIT INWT.MI rose as much as 10% on Tuesday after newspaper Il Sole 24 Ore reported that French fund Ardian was still working with Brookfield on a potential bid to take it private.

(*) Swisscom SCMN.S said on Wednesday its Italian business Fastweb + Vodafone would terminate its master service agreement (MSA) with INWIT.

FINCANTIERI FCT.MI

Releases FY results, followed by conference call (1500 GMT).

HERA HRA.MI

Releases FY results.

Iveco group IVG.MI

Extraordinary shareholders' meeting in Amsterdam on the transaction for the divestment of its IDV defence unit to Leonardo LDOF.MI.

DIARY

Prime Minister Giorgia Meloni visits Algiers (Algeria).

Rome, event "25 Years of the Tax Agency"; expected attendees include Economy Minister Giancarlo Giorgetti, Tax Agency Director Vincenzo Carbone, Deputy Economy Minister Maurizio Leo.

Rome, business lobby Confindustria presents "2026 Spring forecast report" (0900 GMT); Foreign Minister Antonio Tajani gives speech; Confindustria President Emanuele Orsini delivers closing address.

((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/

($1 = 0.8647 euros)