17 de agosto de 2017 / 6:27 / en un mes

Italy - Factors to watch on Aug. 17

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 .

(*) ECONOMY

Italy’s gross domestic product (GDP) this year will rise more that the 1.1 percent growth forecast by the government, Economy Deputy Minister Enrico Morando said in an interview with la Repubblica. “A higher growth does not mean that (Italy‘s) problems are over and that the budget law will be easy, because it won‘t,” Morando said.

The latest GDP figures will allow Italy to manage the next budget law with more funds and greater serenity, although the country must still keep an eye on its deficit and a relevant debt pile, Economy Undersecretary Pierpaolo Baretta said in an interview with Il Messaggero.

COMPANIES (*) FIAT CHRYSLER

Geely Automobile Holdings Ltd said on Wednesday it was not planning a bid for Fiat Chrysler Automobiles (FCA) and while other potential Chinese suitors remain any tie-up could face significant U.S. regulatory obstacles.

Chinese SUV maker Great Wall Motors and state-owned Guangzhou Automobile Group are among the automakers that have considered deals with FCA, sources told Reuters on Wednesday. It is not clear whether the automakers are interested in buying all of FCA or just certain assets.

Great Wall Motors has denied interest in FCA, reported Il Sole 24 Ore, citing daily Jingji Guancha Bao. Dongfeng Motor Corp. and Guangzhou Automobile have said they know nothing about the speculations, the report added.

Both Great Wall and Dongfeng are not capable of acquiring FCA, reported Corriere della Sera citing unidentified Chinese media.

(*) ENEL

The group’s renewable energy unit Enel Green Power (EGP) aims at big industrial clients, particularly in North America, Chief Executive Antonello Cammisecra said in an interview with Il Sole 24 Ore.

Cammisecra added that the group is “hopeful” of the outcome of the first tender for solar energy in Ethiopia and is in ongoing “processes” in Western Africa, Senegal, Ghana and the Ivory Coast. He said that he expected new tenders in Brazil and that the group has now opened a new office in Australia, where the group is expanding rapidly.

SAIPEM

The Italian oil service company said it had been awarded a contract worth around $850 million in Kuwait.

(*) SALINI IMPREGILO

The new Panama Canal, built by a consortium led by Salini Impregilo, has registered the transit of more than 2,000 ships since its opening in June 2016, a higher number than expected, the group said in a statement on Wednesday.

GEQUITY

HRD Italia said on Wednesday its takeover offer on all the shares of Gequity had been suspended by market regulator Consob pending additional information requested by the watchdog.

(*) ITALIAN BANKS

The Italian state guarantee scheme for loan securitisation has expired on Wednesday and the Treasury has asked Brussels to renew it, reported il Sole 24 Ore, adding that it is not clear whether the Economic Ministry will use the renewal to change the terms of the decree regulating the scheme.

Bourse After Hours market closed.

For Italian market data and news, click on codes in brackets:

20 biggest gainers (in percentage)............

20 biggest losers (in percentage).............

FTSE IT allshare index

FTSE Mib index........

FTSE Allstars index...

FTSE Mid Cap index....

Block trades..........

Stories on Italy...... IT-LEN

For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSEurofirst 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurofirst 300 sectors................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices..................................... Reuters survey of world bourse outlook......... Western European IPO diary.......................... European Asset Allocation........................ Reuters News at a Glance: Equities............... Main currency report:...............................

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