News 

Italy to auction 5G frequencies by end-September

“Italy’s main telecom operators, including Telecom Italia (TIM), Vodafone Italia, Wind-Tre and Fastweb are expected to join the auction” writes Midwest Communications Inc for 95kqds.com. The watchdog, which set out the rules governing the auction, said half of the 2.5 billion euros would be raised this year, adding the industry ministry would be organising the auction.Italy, which ranks 25 out of 28 in this year’s Digital economy and society index (Desi) of EU member states, is the first country in Europe to set the rules for assigning frequencies in a…

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GBP News 

Renowned fund manager says Italy won’t exit the euro

“Clearly the result in Italy has made people think about the anti-euro lobby,” Martin Gilbert told CNBC’s Joumanna Bercetche in Brussels, but added: “I don’t think we are going to see any significant change.”” writes Alessia Pierdomenico for cnbc.com. The two anti-establishment parties looking to clinch power in Italy will not take the country out of the euro zone and reject the single currency, the co-chief of asset management firm Standard Life Aberdeen told CNBC Wednesday.The resurgence of the Five Star Movement (M5S) and Lega — two anti-establishment parties putting…

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Markets News Stocks 

European stocks score 4-month closing high, but Italy dents gain

“Traders in Europe were weighing the encouraging news in the U.S.-China trade spat against concerns over political developments in Italy” writes Markets Reporter for marketwatch.com. European stocks scored an almost four-month closing high on Monday, after an easing in U.S.-China tensions fueled hopes a trade war between the world’s two largest economies can be averted.Meanwhile, China agreed to buy more U.S. products to narrow the trade gap, but held off from specifying a dollar amount.But a slump in stocks in Italy proved a drag, as an antiestablishment, euroskeptic coalition made…

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GBP News 

Five Hotel Staff Arrested On Suspicion Of Gang-Raping British Woman In Italy

“ANSA news agency said the investigation was helped when the woman recalled the tattoo that one of her attackers had on his neck” writes unknown author for huffingtonpost.com. Investigators seized the mobile phones of the men at the hotel and discovered that the suspects had chatted about the attack and exchanged photos, the Associated Press reports. Source: huffingtonpost.com Share This:

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News 

Italy could be headed for another election this summer

“Italy could see repeat elections in July after anti-establishment parties failed to reach an agreement following the inconclusive vote in March” writes Corbis Corbis for cnbc.com. Rome has been in political deadlock since the outcome of the general election in early March, where no party or coalition gained a majority to govern in parliament.Italy has never repeated elections within a few months of the initial vote.”Both the Five Star Movement (M5S) and the League (Lega) have said they will not support a technocratic government and called for early elections in…

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News 

Leader of Italy’s Five Star party challenges opponents to a snap election

“The March 4 election also saw big gains for the center-right alliance led by the anti-immigrant Lega party” writes unknown author for cnbc.com. The leader of Italy’s anti-establishment Five Star (M5S) party has called for a fresh election in June to resolve who will govern the country.In his Facebook post, Di Maio appealed to Salvini to join his push for a snap election in June. Source: cnbc.com Share This:

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A couple spent over $31,000 on their wedding at an Italian castle — here’s how they broke down their budget

“Tala and Clive paid for their wedding themselves, setting aside money each month from their salaries into a joint account” writes Katie Warren for businessinsider.com. The bride walked INSIDER through how she and her now-husband spent their money on every detail of the wedding.At the time, they were living with Tala’s parents so they were able to put more money toward their wedding fund. Source: businessinsider.com Share This:

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News 

Lesbian couple denied right to register baby due to Italian laws

“A lesbian couple in Turin, Italy, has been denied the right to register their baby” writes Jake Hall for independent.co.uk. The couple, who chose to undergo artificial insemination in Denmark, clarified the situation further in a Facebook post.The case differs in its details, yet there are key similarities; although these were surrogate children, yet they were still conceived via artificial insemination.She further expressed this support, explaining to Corriere della Sera: These restrictive laws have, however, been overcome in the past. Source: independent.co.uk Share This:

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Closer euro area integration ‘pays off,’ says Italy’s finance minister

“In a CNBC Facebook Live interview at the World Bank and International Monetary Fund’s Spring Meetings 2018 in Washington, Padoan said strengthening euro area reforms would build more trust across the bloc” writes unknown author for cnbc.com. Padoan said countries like Italy are “doing their homework” when it comes to reducing risk in the euro area in areas like non-performing loans and debt reduction. Source: cnbc.com Share This:

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