Italy - Factors to watch on Aug. 18

jueves 18 de agosto de 2016 02:58 GYT
 

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 .

GENERAL/ECONOMY

(*)The government will fall short of its privatisation target this year, la Repubblica reported. The government had aimed to raise about 0.5 percent of GDP, or 8 billion euros, but will end up with revenue of almost 5 billion euros, mainly due to the decision to postpone the sale of up to 40 percent of state rail company, Ferrovie dello Stato, the newspaper said.

(*) Italy must raise revenue or cut spending by 30 billion euros in next year's budget, up from an initially estimated 20-25 billion euros, La Stampa reported.

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