Italy - Factors to watch on September 7

Intesa Sanpaolo

07/09/2026 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 (*).

POLITICS
Italy's rising far-right politician Roberto Vannacci told a high profile business forum on Saturday that the European Union should halt political integration and start defending its cultural identity instead, prompting former Prime Minister Mario Monti to warn against his "fascist rhetoric."

ECONOMY
Italy's economy could grow by as much as 1% this year, above the latest official government estimate of 0.6%, Economy Minister Giancarlo Giorgetti said on Sunday, as the government prepares to update its budget plan.
Bank of Italy publishes August data on Italy's liabilities within the Eurosystem via Target2 (0730 GMT).
         
DEBT
Treasury to detail sale of BTP bonds at auction on September 10.
The Treasury said on Friday it would offer €9 billion in BOT bills at an auction on September 9. 
ENERGY SECTOR
Italy's deputy prime minister suggested on Friday banks and energy companies should be ready to bring forward tax payments to help boost public finances without an official tax hike.
Italy's government said on Friday it will extend until September 10 a cut in excise duties on diesel introduced to offset higher costs at the pump.
Jarrod Agen, the Executive Director of the United States National Energy Dominance Council told daily La Repubblica in an interview published on Sunday that the US is building more LNG terminals in Europe, and Italy will be part of the push.
COMPANIES
MONTE DEI PASCHI (MPS) BMPS.MI, INTESA ISP.MI, BANCO BPM BAMI.MI, BANCA GENERALI BGN.MI
Economy Minister Giorgetti told reporters on Sunday the government would not interfere in M&A moves affecting MPS, reiterating Rome's previously-stated neutral stance on the current banking consolidation process.
The Treasury will not sell its 4.9% stake in MPS before the ongoing tussle for control of the Tuscan lender is concluded, he added.
Leonardo Maria Del Vecchio, a top shareholder in holding company Delfin, said on Sunday that Delfin's main focus should be its stake in eye-wear company EssilorLuxottica ESLX.PA rather  its investment in MPS, in which it has a 17.5% stake.
"Banks are a financial investment. The industrial investment that must be protected is EssilorLuxottica," he said. 

ENI ENI.MI
The state-controlled energy group has improved its chances of recovering more than $2.3 billion owed to it by Venezuela with the signing this week of a new oil project deal in the country, analysts said on Friday.
National Energy Dominance Council Jarrod Agen said on Sunday that Eni had signed a "huge deal" in the Latin American country last week.
Private investments in the biofuel sector in Europe could boost gross domestic product by up to €66 billion, supporting over 33,000 jobs, according a research published on Saturday by consultancy firm The European House Ambrosetti Group and Eni and was published on Saturday.  

ENEL ENEI.MI
The energy company has asked Brazil's power regulator Aneel to annul proceedings aimed at terminating its Sao Paulo distribution concession, saying the regulator failed to conduct a structured analysis of the impact on consumers.

AUTOMOTIVE SECTOR 
The head of Italian auto part maker lobby ANFIA, Roberto Vavassori, called for trade tariffs of up to 80% against Chinese car imports in an interview with Corriere della Sera on Sunday. Vavassori said the crisis of German automaker Volkswagen VOWG.DE is a signal that the European sector could be decimated. 

ICOP ICOP.MI
The engineering group said on Friday it saw its proposed acquisition of rival Trevi TFI.MI as a key accelerator for growth, but its chief executive warned it won't pursue the deal at any cost after Webuild WBD.MI launched a competing bid for the company.

IVECO IVG.MI
The tender offer by India's Tata Motors TAMO.AS for the  truck and bus maker will run from September 7 to October 26, according to a statement published after Italian market regulator Consob approved the offer document.

(*) JUVENTUS JUVE.MI
The Turin-based club drew 1-1 at home to AC Milan on Sunday, leaving them with 7 points from the first three matches of the season.

(*) LOTTOMATICA LTMC.MI
The Italian gaming coming company said on Monday it was targeting €200-300 million incremental online EBITDA by the third year from the closing of its deal with Spanish group Cirsa.

(*) SECO IOT.MI
The Italian company on Monday announced a partnership with Germany's Neura Robotics to industrialise and scale physical AI.

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
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/