Italy - Factors to watch on Aug. 18
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 .
(*)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.