Italy - Factors to watch on May 21

Stellantis NV

21/05/2026 05:00

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 needs to tap the European Union's SAFE fund to boost its military budget, the defence minister said on Wednesday, despite his government's warning that it could drop the scheme unless Brussels eases budget rules on energy spending.

DEBT

Italy's Treasury said on Wednesday it would offer a new inflation-linked BTP bond dedicated exclusively to retail investors.

The issue, named "BTP Italia Sì", will have a 5-year maturity and will be offered from June 15-19. It will pay a premium over the domestic inflation rate.

ECONOMY

(*) Italy's heavy reliance on imported gas and slow progress on renewables are keeping electricity costs among the highest globally, as Meloni's government delays frustrate investors and risk undermining energy security.

(*) The European Commission thinks that Europe can reduce natural gas consumption by 15 billion cubic metres this year, Ruud Kempener, deputy head of unit for energy security and safety of DG Energy at the European Commission, said on Wednesday.

Bank of Italy issues March data on the amount of Italian debt in the hands of foreign investors.

ISTAT issues its annual report (0900 GMT)

COMPANIES

INTESA SANPAOLO ISP.MI

Italy's largest bank is among suitors for Singular Bank as U.S. fund Warburg Pincus seeks to sell its 93% stake in the Madrid-based private lender, three people close to the matter said.

(*) GENERALI GASI.MI

Italy's largest insurer posted on Thursday first-quarter results above expectations and confirmed its targets to 2027, including annual growth in earnings per share of between 8% and 10%. A conference call will follow at 1000 GMT.

STELLANTIS STLAM.MI

The Franco-Italian carmaker's CEO Antonio Filosa presents the group's new industrial plan.

(*) SNAM SRG.MI

A shortlist of four bidders for the sale of the group's biomethane unit, Bioenerys, which has an estimated value of around 500 million euros according to market estimates, is expected to be finalised this week, financial daily Il Sole 24 Ore reported on Thursday. It added that a consortium between Verdalia - a European biomethane platform backed by Goldman Sachs Infrastructure Partners - and Italy's Ludoil is seen as the frontrunner, followed by Edison EDNn.MI and A2A A2.MI.

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/