Italy - Factors to watch on September 15
15/09/2025 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 Italian government is considering increasing the military assets offered to NATO's plan to defend Europe's eastern flank with two F-35 jets, dailies Corriere della Sera and la Repubblica reported on Saturday. ECONOMY Italy is "financially and economically sound" and is an "anchor of stability in Europe", Prime Minister Giorgia Meloni said on Saturday at a conference of a small coalition partner. She added that her government intended to cut taxes for middle-earners in the 2026 budget law to be presented in October. Italy plans to maintain its current forecasts for GDP growth of 0.6% this year and 0.8% in 2026 in the budget plan, Economy Minister Giancarlo Giorgetti said on Sunday, despite uncertainties linked to U.S. import tariffs. ISTAT releases July foreign trade data (0800 GMT). Bank of Italy releases July data on public finances, state borrowing and debt. COMPANIES BANKS Italy's co-ruling League party wants national banks, including Intesa Sanpaolo ISP.MI, UniCredit CRDI.MI, Banco BPM BAMI.MI and Monte dei Paschi di Siena BMPS.MI, to contribute to the government's 2026 budget plans with at least 1 billion euros, political sources said on Friday. League leader and deputy PM Matteo Salvini plans to meet the heads of leading banks in the next few days, the sources added. Italian banks must consolidate to face challenges from Big Tech firms that will compete for their market share, Economy Minister Giancarlo Giorgetti said on Sunday. LEONARDO LDOF.MI Europe's aerospace groups Leonardo, Thales TCFP.PA and Airbus AIR.PA have redoubled efforts to combine their satellite businesses into a 10 billion-euro ($11.7 billion) joint venture and are working towards hammering out an initial agreement in coming weeks, sources close to the matter told Reuters on Friday. In an interview with Il Corriere della Sera on Sunday, Airbus Defence and Space CEO Michael Schoellhorn said the three companies could sign an initial agreement to combine their satellite businesses as early as this year. SNAM SRG.MI The Italian gas grid group's acquisition of a stake in Germany's largest independent gas transmission operator Open Grid Europe will not be finalised by end-September as scheduled, financial daily Il Sole 24 Ore reported on Saturday. STELLANTIS STLAM.MI The automaker's Ram brand said on Friday it was cancelling plans to introduce a fully-electric Ram 1500 pickup "in response to customer feedback, and rapidly slowing industry demand for full-size BEV pickups." The European Commission will bring forward a review of its 2035 zero carbon dioxide emission target for cars and vans to the end of this year from 2026, in response to automakers' appeals that a total shift to electric vehicles is no longer feasible. INTERCOS ICOS.MI The cosmetic manufacturer said on Friday it would launch its new share buyback program for up to 4% of its share capital or about 3.9 million ordinary shares. (*) CAMPARI CPRI.MI RBC on Monday raised its rating on the spirits group to "sector performance" from "underperform". (*) BRUNELLO CUCINELLI BCU.MI JP Morgan said on Monday it had initiated coverage of the fashion group with an "overweight" rating and a price target 125 euros. JUVENTUS FC JUVE.MI The Turin club snatched a dramatic 4-3 win at home to Inter Milan on Saturday, with Vasilije Adzic netting a stunning added time winner to send the hosts top of the Serie A standings and condemn the visitors to a second successive defeat. LAZIO LAZI.MI The Rome-based team lost 1-0 away to Sassuolo in the third round of Serie A. BANCA POPOLARE DI SONDRIO BPSI.MI Ordinary shareholders' meeting (0800 GMT). DIARY Rome, Italian Prime Minister Giorgia Meloni meets EU Council President Antonio Costa Milan, the International Olympic Committee's coordination commission starts its 6th meeting for the 2026 Milano-Cortina winter games ((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/