Italian PM Mario Monti finally signs decree approving payments of state debts to private firms. The Italian caretaker government has approved a decree to pay off nearly Eur40 billion state funds to pay off debts it has incurred with private companies.
Tags: Italy
Scarosso Raised Finances at Series A
Scarosso, the high end shoe brand, announced that it has raised new funding from its Series A capital round.
Slovakian Power Utility Discusses New Loan Terms
Slovenske Eletarne AS is in discussion with lenders as to renegotiation of a deal finalized back in 2007.
Suntech to Sell Off Italian Assets and Shareholdings
Suntech, in a bid to trim its debt, it would be selling off its Italian assets and shareholdings. A company spokesman said that Suntech Power Holdings Co.
BTP Italia Retail Bond Sale a Success
The fourth batch of BTP Italia Retail Bonds raised Eur9 billion and was ended two days ahead of schedule.
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The government's promise to pay its outstanding bills was shelved after the caretaker government failed to sign into law the said measure.
Unicredit has announced the implementation of a buy-back scheme for outstanding bonds. Italy's largest bank in terms of assets had announced it would be buying back senior bonds.
Italian bank UniCredit to sell off Kazakh bank ATF. Italy's largest bank by assets, UniCredit is on the verge of announcing the sale of ATF Bank. ATF Bank is its Kazakhstan unit and the sale was confirmed by three sources who spoke on condition of anonymity.
European Medgold acquired the Grasceta gold exploration licence, located in southern Tuscany Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, announced today that it acquired the Grasceta gold exploration licence, located in southern Tuscany, Italy.
