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☆ Vienna is crawling with Russian spies inviting sources to skiing holidays
▼ + stars: | 2023-07-17 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +3 min

Vienna, Austria, has become the prime European city for spies, especially from Russia, to set up. Efforts by local politicians to ban spying have been met with delays as Russia's war continues. Austria has expelled only four Russian spies posing as diplomats, while neighbors equipped with more robust laws have expelled over 400 spies since the start of Russia's war, the Times reported. There are 180 accredited Russian diplomats in Vienna, and a third of them are assumed to be spies, per the report. Recently, Chinese, Saudi, Iranian and Israeli spies have also benefitted from the power vacuum in Vienna, the Times reported.

Persons: Vienna's, Egisto Ott, Gustav Gressel Organizations: Service, Times, International Atomic Energy Agency, Washington Post, European Council, Foreign Relations, Austrian, Green Locations: Vienna, Austria, Russia, Wall, Silicon, Ukraine, Russian, Germany, Saudi, Western

CNN —Kosovo President Vjosa Osmani condemned the brawl that erupted Thursday in Kosovo’s parliament between opposition and ruling party MPs, CNN’s affiliate N1 reported. In a live video broadcast of the Kosovan parliament, Prime Minister Albin Kurti was interrupted by opposition MPs and had water thrown at him following some shoving and brawling between ruling Vetevendosje party and opposition MPs. Glass was also heard breaking and the President of the Kosovo Assembly, Gljauk Konjufca, was also heard calling the police in the video. Fight breaks out between the opposition and ruling parliament members while Kosovan Prime Minister Albin Kurti was giving a speech. Albania’s Prime Minister Edi Rama also condemned the brawl.

Persons: Vjosa Osmani, Albin Kurti, Kurti, Glass, Gljauk Konjufca, Erkin, Osmani, ”, Edi Rama Organizations: CNN, Kosovo, Kosovan, Anadolu Agency, Getty, Albania’s, Edi, Federal Locations: Kosovo’s, Kosovo, Albanian, Kosovo Assembly, Serbia, Federal Republic of Yugoslavia, Montenegro, Serbs

☆ Lawyer wanted by Hong Kong says he was exercising his rights in Australia
▼ + stars: | 2023-07-06 | by ( Kirsty Needham | ) www.reuters.com time to read: +4 min

The Hong Kong police and security bureau did not immediately respond to a request for comment. Hong Kong says 260 people have been arrested under the law, 79 of them convicted for offences including subversion and terrorism. China and Hong Kong say it was necessary to restore stability in the financial hub. Yam said he started speaking out about the rule of law in Hong Kong and the crackdown because his friends were in jail. Reporting by Kirsty Needham in Sydney; Additional reporting by James Pomfret and Jessie Pang in Hong Kong; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Kevin Yam, Yam, Mao Ning, Anthony Albanese, Hong, Ted Hui, Richard McGregor, Kirsty Needham, James Pomfret, Jessie Pang, William Mallard Organizations: SYDNEY, Hong, HK, Hong Kong, of Australia, Law Society of Hong, Lowy Institute, Thomson Locations: Australian, Hong Kong, Hong, Australia, China, Beijing, British, Law Society of Hong Kong, Sydney

[1/2] Belgian Foreign Minister Hadja Lahbib appears before the External Relations committee at the Belgian Parliament to be questioned by lawmakers after delegations from Iranian and Russian cities were granted visas to attend a mayors' convention, in Brussels, Belgium June 26, 2023. REUTERS/Yves... Read moreBRUSSELS, June 29 (Reuters) - Belgian foreign affairs minister Hadja Lahbib on Thursday survived a vote of no-confidence in Parliament after granting visas to delegations from Iranian and Russian cities to attend a mayors' convention in Brussels earlier this month. When in Brussels, the Iranian delegation filmed Belgian-Iranian lawmaker Darya Safai and Iranian opposition members. The opposition had called for Lahbib's resignation over the scandal, but 79 MPs voted in support of the minister while 50 voted against and four abstained. Two members of coalition parties Ecolo-Groen and PS abstained symbolically to voice that Lahbib will have to regain their parties' trust.

Persons: Hadja Lahbib, Yves, Read, Darya Safai, Lahbib's, Marine Strauss, Charlotte Van Campenhout, Leslie Adler Organizations: Belgian, REUTERS, Thomson Locations: Brussels, Belgium, BRUSSELS, Belgian

[1/24] New Democracy conservative party leader Kyriakos Mitsotakis speaks to supporters outside the party's headquarters, after the general election, in Athens, Greece, June 25, 2023. Fringe parties of the political left and right - including an anti-immigrant party calling themselves the Spartans - got a foothold in parliament. The system used in Sunday's poll gave the leading party bonus seats depending on voter support. The Spartans party, which said Greece was threatened by uncontrolled migration, was the surprise of the campaign. It was set to gain 4.7 of the vote and up to 13 seats in parliament, based on the early results.

Persons: Kyriakos Mitsotakis, Kyriakos, Mitsotakis, Tsipras, Zoe Constantopoulou, Plefsi Eleftherias, Giorgos Katzimertzis, Ilias Kasiadiaris, Gina Kalovyrna, Michele Kambas, Renee Maltezou, Lefteris, Frances Kerry, Emelia, Giles Elgood, Mark Porter Organizations: New Democracy, REUTERS, Syriza, Spartans, European Union, Reuters, Thomson Locations: Athens, Greece, ATHENS, Kasidiaris

[1/5] Participants react with Pride rainbow flags as they attend the Badilika festival to celebrate the LGBT rights in Nairobi, Kenya, June 11, 2023. Some regional lawmakers frame the issue as an almost existential battle to save African values and sovereignty, which they say have been battered by Western pressure to capitulate on gay rights. Spokespeople for the Kenyan presidency and government didn't respond to requests for comment about the proposed bill. Several called for legislation to strengthen penalties for same-sex acts, including the deputy majority leader, who said gay sex could be punished by hanging. President William Ruto, an evangelical Christian, has criticized a February supreme court decision allowing an LGBT rights group to register as a non-governmental organization.

Persons: Mohamed Ali doesn't, Ali, Weeks, Bill, Yoweri Museveni, Annette Atieno, John Agany, Jacqueline Ngonyani, Ngonyani, Damas Ndumbaro, William Ruto, Peter Kaluma, Uganda's, Kaluma, U.S . State Department didn't, Stella Kachina, Marylize Biubwa, Lorna Dias, Dias, Nuzulack Dausen, Waakhe Simon Wudu, Daphne Psaledakis, Estelle Shirbon, Aaron Ross, Pravin Organizations: REUTERS, Reuters, Kenyan, National Gay, Human Rights Commission, U.S . State Department, East, NAIROBI PRIDE, Gay and Lesbian Coalition of, Thomson Locations: Nairobi, Kenya, Uganda, Tanzania, South Sudan, NAIROBI, East Africa, Juba, United, Africa, Entebbe, Gay and Lesbian Coalition of Kenya, Ruto, Dar es, Washington

☆ Boris Johnson: UK Parliament approves report that Boris Johnson misled parliament
▼ + stars: | 2023-06-19 | by ( Luke Mcgee | ) edition.cnn.com time to read: +2 min

London CNN —The UK parliament has voted to uphold a finding that Boris Johnson knowingly misled lawmakers when he said that Covid lockdown rules had been followed at all times in Downing Street while he was prime minister. The House of Commons Privileges Committee report, published last week, found that Johnson “committed a serious contempt” of parliament when he told lawmakers that rules were followed, despite revelations of illegal parties in Downing Street during a national lockdown. Many people working inside Downing Street, including Johnson and current Prime Minister Rishi Sunak, were fined by police. Not only did the committee report that Johnson had knowingly misled parliament, they also said that in giving evidence to their inquiry he had continued to misled the committee itself when he was giving evidence in his defense. Johnson would have been sanctioned with a lengthy ban from parliament and denied a pass to access the building, a right afforded to former members of parliament.

Persons: Boris Johnson, Johnson “, Johnson, Rishi Sunak, Sunak, Liz Truss Organizations: London CNN, Conservative Party Locations: Downing

The findings amount to a historic admonishment of a former prime minister, who won a landslide electoral victory less than four years ago but saw his political career collapse amid a series of scandals. The committee dismissed Johnson's argument that he didn't know he was breaking his lockdown rules during the events. Johnson, in his own response to the report, called its publication a “dreadful day for democracy.”“This report is a charade. The former PM’s departure from the House of Commons is not necessarily good news for Sunak, whom Johnson criticized in his resignation statement. Johnson has always been an influential figure among Conservative voters, whether inside or outside of parliament.

Persons: Boris Johnson, Johnson “, Johnson, ” “, Johnson’s Conservative Party –, Rishi Sunak, Mr Johnson …, ”, Liz Truss, Sunak Organizations: London CNN — Former British, Downing, Johnson’s Conservative Party, Commons, Conservative Locations: Downing Street

The more than 100-page report detailed six events held at Downing Street, the prime minister's offices and residence. There is no precedent for a prime minister having been found to have deliberately misled the House (of Commons, lower house of parliament)." It recommended that he should not be entitled to a former member's pass, which enables most former prime ministers and lawmakers to gain automatic access to parliament. But so-called Partygate spelt the beginning of the end for his tenure as prime minister. They have also rowed this week over the former prime minister's resignation honours list.

Persons: Johnson, Boris Johnson, Rishi Sunak, Mr Johnson, Sunak, Thangam Debbonaire, Elizabeth Piper, Alistair Smout, Andrew MacAskill, Kylie MacLellan, Muvija, William James, Kate Holton, Frank Jack Daniel, Angus MacSwan Organizations: Conservatives, Downing, Street, Labour Party, Conservative Party, Thomson Locations: COVID

☆ Ex-PM Boris Johnson deliberately misled UK parliament over parties during Covid, committee rules
▼ + stars: | 2023-06-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

A U.K. parliamentary committee has found that former U.K. prime minister Boris Johnson intentionally misled parliament over illegal Covid-19 lockdown parties held during his tenure. Former U.K. prime minister Boris Johnson intentionally misled parliament over illegal Covid-19 lockdown parties held during his tenure, a parliamentary committee said Thursday, describing it as a "serious contempt." "We conclude that in deliberately misleading the House, Mr Johnson committed a serious contempt," the findings of the cross-party committee showed. "There is no precedent for a Prime Minister having been found to have deliberately misled the House," it added. It also said that, if Johnson were still a member of parliament, he should be suspended from the House for 90 days.

Persons: Boris Johnson, Johnson, Mr Johnson Organizations: Conservative Party, Labour Party, Conservative

☆ Partygate: Boris Johnson is down -- but not necessarily out
▼ + stars: | 2023-06-15 | by ( Luke Mcgee | ) edition.cnn.com time to read: +4 min

London CNN —Boris Johnson has decided to end his political career – for now – on his own terms. His statement responding to the committee’s report is a not just a rebuttal, but an attack on members of the committee. It is Harriet Harman (the committee’s chair) and her Committee,” Johnson said. It’s worth mentioning the Johnson loyalists, because they do exist. Make no mistake: this report is very damaging for Johnson and he is certainly down.

Persons: London CNN — Boris Johnson, –, Johnson, Harriet Harman, ” Johnson, Liz Truss, Johnson Johnson, Sunak, Johnson’s Organizations: London CNN, British, Conservative, Conservative Party, Conservatives

☆ Boris Johnson's shock exit reverberates through British ruling party
▼ + stars: | 2023-06-10 | by ( Andy Bruce | ) www.reuters.com time to read: +4 min

[1/2] Former British Prime Minister Boris Johnson walks at the parliament in London, Britain, March 22, 2023. He also took aim at current Prime Minister Rishi Sunak. lawmaker Andrea Jenkyns wrote in a Conservative Party WhatsApp group, according to a screenshot shared by a Sky News reporter. Ed Davey, leader of the Liberal Democrats opposition party, said Johnson jumped before he was pushed. "He was never fit to be an MP let alone Prime Minister of our great country," Davey said.

Persons: Boris Johnson, Peter Nicholls, Boris Johnson's, Johnson, Rishi Sunak, Rishi, Andrea Jenkyns, Jenkyns, Dame, Boris, John Redwood, Johnson's, Henry Hill, Hill, Nadine Dorries, Angela Rayner, They've, Ed Davey, Davey, Andy Bruce, Mike Harrison, Frances Kerry Organizations: British, REUTERS, Peter Nicholls LONDON, Conservative Party, Labour Party, Conservative, Conservative Party WhatsApp, Sky News, BBC, Sunak's, Liberal Democrats, Thomson Locations: London, Britain, Downing, Brexit

CNN —Children were among six people injured Thursday in a knife attack in Annecy, in southeast France, triggering a wave of panic in the small alpine town. French police secure the area after several children and an adult were injured in Annecy. Denis Balibouse/ReutersFrench MPs hold a minute's silence after the knife attack in Annecy. Health Minister François Braun tweeted that his thoughts were with the victims of the knife attack. “All my thoughts go immediately to the people injured by an individual armed with a knife in Annecy, and to their loved ones,” Braun tweeted.

Persons: Elisabeth Borne, Gérald Darmanin, Ferdinand, “, ” Ferdinand, ”, George, Denis Balibouse, Ludovic Marin, Emmanuel Macron, ” Macron, François Braun, ” Braun, François Astorg, Astorg Organizations: CNN, French, Interior, BFMTV, Reuters, Getty Images, Annecy . Children, Health, Aid Service, Annecy, Lawmakers, French National Assembly Locations: Annecy, France, Haute, Savoie, AFP

☆ What Turkey’s new cabinet says about where the country is headed
▼ + stars: | 2023-06-07 | by ( Gul Tuysuz | ) edition.cnn.com time to read: +8 min

The cabinet appointments hint at a return to orthodox economic policy while holding course on foreign policy as the president heads into his third decade in power. Erdogan’s unorthodox economic policies over the past few years have led to a cost-of-living crisis and a plummeting Turkish lira. Shadow diplomatThe new foreign minister is a well-known figure to Turks and international players who have negotiated with Turkey of late. Hakan Fidan, who had served as head of Turkish Intelligence Agency (MIT) since 2010, has been in every room and every discussion that has been pivotal to Turkish foreign policy over the last few years. He’s been ever-present but rarely heard – a shadow diplomat in Erdogan’s foreign policy arsenal who has charted rough waters in Syria, Libya and beyond.

Persons: Recep Tayyip Erdogan, Mehmet Simsek, –, Nureddin Nebati, ” Simsek, Erdogan, Simsek, Mehmet Celik, Cevdet Yilmaz, Omer Bolat, ” Celik, Hakan Fidan, He’s, Fidan, Ibrahim Kalin, “, ” Fidan, ”, Suleyman Soylu, Istanbul Ali Yerlikaya, Hulusi Akar, Mevlut Cavusoglu, They’ve Organizations: Istanbul CNN —, Reuters, Daily, Trade, CNN, NATO, Turkish Intelligence Agency, MIT, Kurdistan Workers ’ Party, EU, Defense, Development Party, AK Party Locations: Istanbul, Turkish Republic, Turkish, “ Turkey, Daily Sabah, Turkey, Syria, Libya, Greece, West, Celik, Damascus, Ankara, Sweden, Yerlikaya

☆ Lebanese Christian and opposition coalition nominate IMF's Azour for president
▼ + stars: | 2023-06-04 | by ( ) www.reuters.com time to read: +2 min

BEIRUT, June 4 (Reuters) - Lebanon's disparate opposition, independent and main Christian parties said on Sunday they had nominated IMF official Jihad Azour for the presidency in a challenge to Hezbollah-backed candidate Suleiman Franjieh. A meeting of the parties endorsed the nomination of Azour, currently director of the Middle East and Central Asia Department at the International Monetary Fund and also a former Lebanese finance minister. Pro-Iranian Hezbollah, the country's main armed political force, and its Shi'ite ally Amal, had backed Franjieh, 56, heir of an old Lebanese Christian political dynasty and an ally of Syrian President Bashar al-Assad with strong ties to the ruling political establishment in Damascus. "This new candidate that was announced is for us a candidate for confrontation," Hezbollah deputy Hassan Fadlallah said on Sunday, without naming Azour. Washington has warned that the administration was considering sanctions on Lebanese officials for their continued obstruction of the election of a new president and warned the paralysis could only worsen the country's crisis.

Persons: Azour, Suleiman Franjieh, Michel Aoun's, Amal, Bashar al, Assad, Michel Mouawad, Lebanon's, Beshara al, Rai, “, Hassan Fadlallah, Suleiman Al, Khalidi, Maya Geibeily, David Holmes Organizations: Central Asia Department, International Monetary Fund, Hezbollah, Lebanese Christian, Maronite, Thomson Locations: BEIRUT, East, Lebanese, Lebanon, Damascus, Azour, Syria, Iran, Arab, Washington

☆ Modi inaugurates controversial new parliament building in India
▼ + stars: | 2023-05-26 | by ( Rhea Mogul | ) edition.cnn.com time to read: +9 min

A cyclist rides past the construction site for the new Parliament building in January 2021. Controversial projectThe new triangular parliament building is part of a major overhaul of New Delhi’s colonial-era administrative center dubbed the Central Vista Redevelopment Project. The rush was widely thought to have resulted from hopes of opening the parliament building by the 75th anniversary of Indian independence in August 2022. Capacity is also limited — a concern magnified by growing calls to increase the number of MPs sitting in India’s parliament. A photo of the parliament's interior taken during a visit to the building by Modi earlier this year.

☆ Bans, betrayals and stalemates: How Thailand's old guard could respond to election results
▼ + stars: | 2023-05-23 | by ( Nyshka Chandran | ) www.cnbc.com time to read: +7 min

Pita Limjaroenrat, leader of the Move Forward Party (center), at a rally in Bangkok, Thailand, on May 18 2023. The vote for PM is expected in August after the Election Commission certifies election results. A Pheu Thai betrayalLed by the daughter of ex-prime minister Thaksin, Pheu Thai is an opposition party that is more careful about its messaging on the monarchy. "Pheu Thai will run the risk of being punished electorally by the pro-democracy voters, who are the key supporters of Pheu Thai in the future," warned Waitoolkiat. When the Future Forward Party was dissolved in 2020, it set off mass youth-led protests.

Persons: Pita Limjaroenrat, Valeria Mongelli, —, Thitinan Pongsudhirak, There's, Pita, Napisa, Susannah Patton Lowy, Thaksin, Susannah Patton, Patton, Pongsudhirak —, electorally, Waitoolkiat, there's Organizations: Party, Bloomberg, Getty, Chulalongkorn University, Chulalongkorn University's Faculty, Political Science, of Security, International Studies, Foreign Relations, Constitutional Court, National, Corruption, Electoral Commission, Constitutional, Human Rights, Center for Strategic, Naresuan University . Conservative, Senate, CSIS, Southeast Asia, Lowy Institute, Conservative, CFR, Pheu, Forward Party Locations: Bangkok, Thailand, parliament's, Pheu Thai

☆ Cryptos have no intrinsic value and trading in them should be regulated like gambling, UK lawmakers say
▼ + stars: | 2023-05-17 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Trading in cryptocurrencies is akin to gambling and should be treated as such, British lawmakers said. Unbacked tokens like bitcoin and ether aren't underpinned by underlying assets and have "no intrinsic value," lawmakers on the U.K. Treasury Select Committee said in a report published Tuesday. The Treasury committee said it was concerned by government proposals to regulate consumer crypto trading as a financial service. This, lawmakers said, would create a "halo" effect that leads people to believe crypto trading is safe and protected, when this is not the case. Blair Halliday, U.K. managing director for top U.S. crypto exchange Kraken, said: "We fundamentally disagree with the Treasury Select Committee's conclusion that cryptoassets have no intrinsic value.

☆ Thai opposition take on kingdom’s conservative cliques in challenge to military’s power
▼ + stars: | 2023-05-13 | by ( Heather Chen | ) edition.cnn.com time to read: +7 min

The junta-era constitution gives the establishment-dominated upper house a significant say in who can ultimately form a government so opposition parties must win by a strong margin. It’s the party of the billionaire Shinawatra family – a controversial political dynasty headed by former Prime Minister Thaksin Shinawatra. Paetongtarn only entered politics three years ago but has presented herself as hailing from a new generation to connect with young Thais. To be prime minister, a candidate must have a majority in both houses – or at least 375 votes. That means an opposition party or coalition need almost three times as many votes in the lower house as a military party to be able to elect the next leader.

The discord between Russia and the other Arctic Council members means that an effective response to these changes is far less likely. Recently, it has taken steps to expand cooperation in the Arctic with non-Arctic states. On April 24, Russia and China signed a memorandum establishing cooperation between the countries' coast guards in the Arctic. "We need to safeguard the Arctic Council as the most important international forum for Arctic cooperation and make sure it survives," Norwegian Deputy Foreign Minister Eivind Vad Petersson told Reuters. "I don't see an Arctic Council without Russia in the future," said Larsen, a Greenland lawmaker at the Danish Parliament and the Chair of Arctic Parliamentarians, a body including MPs from across the Arctic countries.

☆ ‘A Trump tribute act’: Meet Suella Braverman, the commander-in-chief of Britain’s culture wars
▼ + stars: | 2023-05-07 | by ( Rob Picheta | ) edition.cnn.com time to read: +14 min

London CNN —Late last year, after a breakneck ascent of British politics put her in charge of the country’s migration, crime and national security agenda, Suella Braverman revealed her political fantasy. Leon Neal/Getty ImagesAnd she is an equally furious culture warrior, borrowing rhetoric from the American right when lambasting “woke” culture, transgender rights and climate protesters. Sameer Al-Doumy/AFP/Getty ImagesIt is a stance that has drawn sharp criticism – including from within the traditional wing of Braverman’s Conservative Party. Should Braverman succeed at her next bid for the party leadership, her critics fear another rightwards shift in British politics. “She’s recognized that in the current political climate, her way of creating an impact… (is) positioning herself as a Trump tribute act.

ROME, May 5 (Reuters) - Italy's Treasury is open to reducing its 64% stake in Monte dei Paschi di Siena (MPS) (BMPS.MI) through one or more share sales on the market, three people briefed on the matters told Reuters. After rescuing MPS at a cost of 5.4 billion euros ($6 billion) for taxpayers, Rome pumped another 1.6 billion into the Tuscan bank last November when it covered 64% of a 2.5 billion euro capital raise. MPS had to raise fresh capital to fund staff exits and replenish its capital reserves after the Treasury failed to clinch a sale of the bank to UniCredit (CRDI.MI) in 2021. Prime Minister Giorgia Meloni said several times that MPS's privatisation should foster the creation of several large banking groups in the country. ($1 = 0.9081 euros)Reporting by Giuseppe Fonte in Rome and Valentina Za in Milan; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

☆ Italy pushes to limit executive pay in listed state-run firms
▼ + stars: | 2023-05-04 | by ( Giuseppe Fonte | ) www.reuters.com time to read: +2 min

Top managers' multi-million euro salaries and handsome bonuses have come into focus at a time when Italian families are struggling with an inflation rate that neared 9% in April, well above the euro zone average. According to the government draft, the Treasury will work to "contain management costs" when shareholders vote on remuneration policies at state-controlled listed companies. Monte dei Paschi already applies curbs to executives' pay as a bank that was bailed out by the state in 2017. Under terms agreed with European Union authorities, the total remuneration of any MPS executive may not exceed 10 times the average salary of its employees in 2022. Additional reporting by Gavin Jones; Editing by Gavin Jones and Christina FincherOur Standards: The Thomson Reuters Trust Principles.

☆ BBC chairman resigns after controversy involving loan deal for former PM Boris Johnson
▼ + stars: | 2023-04-28 | by ( Peter Wilkinson | ) edition.cnn.com time to read: +2 min

London CNN —The embattled chairman of the British Broadcasting Corporaration (BBC), Richard Sharp, resigned on Friday after a report found he failed to disclose his involvement in facilitating a loan of almost $1 million to former British Prime Minister Boris Johnson. Sharp claimed the breach was “inadvertent and not material,” but said he was resigning to “prioritise the interests of the BBC.” He had previously denied involvement in the arrangement, or the existence of a conflict of interest as the loan happened before his appointment as head of the public broadcaster. Adam Heppinstall’s report however found Sharp “failed to disclose potential perceived conflicts of interest” to the cross-party panel of MPs which advised ministers on who to appoint. “There may well have been a risk of a perception that Mr Sharp would not be independent from the former Prime Minister, if appointed,” the report said. The former England soccer captain was later reinstated after his fellow presenters refused to go on air without him, and the corporation announced a review into what freelancers outside of its news arm (such as Lineker) can and cannot say on social media.

☆ Sale of Italy's MPS should help create several big banks, says Meloni
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +2 min

Monte dei Paschi (MPS), of which the government owns 64% following a 2017 bailout, is seen playing a pivotal role in the consolidation expected among Italy's mid-sized lenders. After failing to clinch a sale of MPS to UniCredit (CRDI.MI) in 2021, the government is expected to seek another bank interested in buying its stake in the Tuscan lender. The government has just decided to renew Luigi Lovaglio's mandate as MPS chief executive for another term. We confirmed Lovaglio at the helm of Monte dei Paschi, the CEO successfully led the last capital increase, and now we must work to bring Monte back to the private market," Meloni said. "The government will not intervene, it is alert to check that there are no situations that jeopardise the national interest," Meloni told the newspaper.

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