Italian Prime Minister Mario Monti will likely have to call a confidence vote to win parliamentary approval for his emergency economic measures, Il Messaggero reported, citing Gianfranco Fini, head of the Chamber of Deputies.
Former Prime Minister Silvio Berlusconi’s efforts to maintain his influence over Italian politics were set back yesterday by the arrest of three ex- collaborators as he campaigned ahead of European elections.
Granarolo SpA’s main investor, Gran Latte, may contribute 500 million euros ($723 million) in a bid for 60 percent of Parmalat SpA , daily Il Messaggero reported, without saying where it got the information.
Intesa Sanpaolo SpA and BNP Paribas are the most likely candidates to buy the assets of Polbank, the Polish unit of Greece’s EFG Eurobank , daily Il Messaggero reported, without saying where it got the information.
Selex Sistemi Integrati SpA Chairman Giuseppe Veredice will also take on the role of chief executive officer of the Finmeccanica SpA subsidiary after the resignation of Marina Grossi, Il Messaggero reported, without saying where it got the information.