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CNN —The northern Italian city of Padua has started removing the names of non-biological gay mothers from their children’s birth certificates under new legislation passed by the “traditional family-first” government of Prime Minister Giorgia Meloni. These birth certificates belong to 33 children of Italian women who underwent artificial insemination abroad and then registered their children under the city’s center-left government, led by Sergio Giordani, in 2017. The prosecutor’s office in Padua confirmed to CNN that, as of Thursday, 27 mothers had been removed from 27 birth certificates. Mauro Ujetto/NurPhoto/Getty ImagesThe measure means that only the biological parent of a child can be named on a birth certificate. The measure also stops men in a same-sex relationship from registering the birth of their child with both fathers’ names.

Persons: Giorgia Meloni, Sergio Giordani, Giordani, ”, Mauro Ujetto, aren’t, Eugenia Roccella, “, Meloni’s, Meloni Organizations: CNN, Families, Family Association Locations: Italian, Padua, Torino, Italy, ” Padua, Padua’s

☆ Italian Antitrust body backs deal to soften fees on digital payments
▼ + stars: | 2023-07-20 | by ( Giuseppe Fonte | ) www.reuters.com time to read: +2 min

SummaryCompanies Deal would allow Italy to drop threat of levyFinancial firms demanded Antitrust assurancesTerms agreed not expected to alter status quoROME, July 20 (Reuters) - Italian Antitrust body has given a green light to a deal negotiated by retailers, banks and payment firms to soften fees on small card transactions as demanded by the government, according to sources and documents seen by Reuters. People familiar with the matter said the parties had finalised the terms of a Memorandum of Understanding (MOU) last month, but financial firms were worried about the risk of future fines for competition law infringements. As a result, the Treasury sought an opinion from the Antitrust authority. The MOU, seen by Reuters, encourages financial companies to launch competitive commercial initiatives on payments not exceeding 30 euros but stops short of demanding firm promises. The Treasury could summon the parties on July 27 to try to formalise the deal, a source said.

Persons: Giorgia Meloni, Rome, Mario Draghi, Keith Weir Organizations: Reuters, Mastercard, Visa, Treasury, Thomson Locations: Italy

☆ Santiago Abascal: Who is Spain's far-right leader and what does he stand for?
▼ + stars: | 2023-07-17 | by ( Aislinn Laing | ) www.reuters.com time to read: +5 min

[1/4] Spain's far-right Vox party leader Santiago Abascal gestures as he speaks during an opening campaign rally ahead of the July 23 snap election, in Puerto Almerimar, El Ejido, Spain July 6, 2023. REUTERS/Jon Nazca/File PhotoMADRID, July 17 (Reuters) - As could be expected of the head of a far-right party that puts nationalism at its core, Vox leader Santiago Abascal drapes himself in Spanish symbols, wearing designer shirts glorifying bullfighting or issuing Vox-branded hand fans to rally attendants. Reuters Graphics Reuters GraphicsHowever, the frontrunning centre-right People's Party (PP), led by Alberto Nunez Feijoo, is unlikely to secure an outright majority, and may turn to Vox as a kingmaker. Abascal is the third generation of politicians in his family, his father and grandfather having also served in regional or local government. A sociology graduate from Spain's northern Basque Country, Abascal joined the PP at 18, was elected as a councillor at 23 and became a PP lawmaker in the Basque parliament.

Persons: Santiago Abascal, El, Jon Nazca, Abascal, Pedro Sanchez's, Vox, Alberto Nunez Feijoo, Santi, Sanchez, Miguel Angel Murado, Ana Pedroza, Carlos Perez, Francisco Franco's, Giorgia Meloni, Viktor Orban, Italy's Meloni, Aislinn Laing, Catherine Macdonald, Andrei Khalip, Alex Richardson Organizations: Vox, REUTERS, Socialist, Reuters Graphics Reuters, People's Party, ETA, Italy's, Thomson Locations: Puerto Almerimar, El Ejido, Spain, MADRID, Spain's, Basque, Catalonia, Madrid, Hungary, Italy, Finland, Hungarian, Valencia

☆ Tunisia and EU sign pact to stem migration
▼ + stars: | 2023-07-16 | by ( Tarek Amara | ) www.reuters.com time to read: +2 min

The deal follow weeks of talks and Europe's pledge of major aid to Tunisia amounting to 1 billion euros ($1.12 billion) to help its battered economy, rescue state finances and deal with a migration crisis. All essential measures for bolstering efforts to stop irregular migration," Dutch Prime Minister Mark Rutte said on Twitter. The European Commission chief Ursula von der Leyens said the bloc will allocate 100 million euros to Tunisia to help it combat illegal migration. Thousands of undocumented African migrants have flocked to the city of Sfax in recent months seeking to head for Europe in traffickers' boats, amounting to an unprecedented migration crisis for Tunisia. "We are very pleased, it is a further important step towards creation of a true partnership between Tunisia and the EU, which can address in an integrated fashion the migration crisis," Italian Prime Minister Giorgia Miloni said.

Persons: Kais Saied, Giorgia Meloni, Ursula von der Leyen, Mark Rutte, Read, Europe's, Ursula von der Leyens, Giorgia Miloni, Meloni, Saied, Tarek Amara, Crispian Balmer, Anthony Deutsch, Hatem Maher, Andrew Cawthorne Organizations: Dutch, European Union, Twitter, European Commission, EU, Thomson Locations: Italian, Tunisia, EU, Tunis, TUNIS, Europe, Sfax, Rome, Italy, Libya, Amesterdam

☆ Italy foreign minister Tajani succeeds Berlusconi as Forza Italia chief
▼ + stars: | 2023-07-15 | by ( ) www.reuters.com time to read: +2 min

ROME, July 15 (Reuters) - Italian Foreign Minister Antonio Tajani was elected on Saturday as leader of Forza Italia, the conservative party founded 29 years ago by billionaire media tycoon Silvio Berlusconi who died last month. "I am receiving an almost impossible inheritance," he told the Rome gathering of Forza Italia's national, European and local representatives. Forza Italia is the junior partner among the three main parties in Giorgia Meloni's right-wing government, behind the premier's own Brothers of Italy and Matteo Salvini's League. Recent polls put Forza Italia's support at about 7%, behind the League on around 10% and Brothers of Italy close to 30%. After beginning his political activity in a tiny monarchist movement in the 1980s, Tajani joined Forza Italia when it was founded in 1994 and was Berlusconi's spokesman in his first government that year.

Persons: Antonio Tajani, Silvio Berlusconi, Tajani, Berlusconi, Matteo Salvini's, Gavin Jones, David Holmes Organizations: Forza Italia, Forza Italia's, League, Thomson Locations: Italy, Brussels, Rome, Giorgia

☆ Italy's Meloni draws fire over food aid aimed at families with children
▼ + stars: | 2023-07-13 | by ( Federica Urso | ) www.reuters.com time to read: +2 min

"The government is there and is ready to do its part to help Italians in the best possible way", Meloni said in a message that presented the 500,000-euro scheme as relief against high inflation. However, the card is reserved for households with at least three members, preferably with children, in a move seen as favouring traditional families. Noting that the allowance amounts to about one euro per day for a year, she described it as a "zero impact" policy. "Being in need is no longer enough, now you need to be in need and also be a certain type of person considered deserving of help," he said. ($1 = 0.8946 euros)Reporting by Federica Urso Additional reporting by Alvise Armellini and Gavin Jones Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Giorgia, Meloni, Elly Schlein, Confcommercio, Marco Impagliazzo, Filippo Barbera, Federica Urso, Alvise Armellini, Gavin Jones, Mark Potter Organizations: Democratic Party, Catholic, Turin University, Thomson Locations: Italian, Rome

[1/5] Migrants wait to be rescued by Italian Coast Guard off the coast of Italy, April 10, 2023. The fact that Meloni, a figurehead of the new right, has not carried through on her pledges underscores how intractable the problem is. NORTH AFRICAIn the run-up to the 2022 election, Meloni said she would impose a naval blockade to prevent boats leaving north Africa. Meloni visited Tunisia twice last month, seeking progress in unblocking loans that she says are needed to avoid a financial crisis that might trigger a tsunami of departures. However, a review of migrant flows through Europe over the past decade suggests Italy might not benefit in the way Meloni hopes.

Persons: Meloni, King Canute, Giorgia Meloni, Mattia Diletti, Matteo Piantedosi, Matteo Villa, Ursula von der Leyen, Mark Rutte, ISPI's Villa, COVID, Michelangelo Agrusti, Crispian Balmer, Angelo Amante, Alex Richardson Organizations: Italian Coast Guard, REUTERS, Rome's Sapienza University . Immigration, Ministry, European, Dutch, European Commission, EU, Business, Thomson Locations: Italy, Tunisia, Libya, ROME, Europe, Lampedusa, AFRICA, Africa, North Africa, Tripoli, Brussels, Poland, Hungary, Rome

In mid-2020 Rome secured the lion's share of a 724-billion-euro kitty aimed at helping EU members emerge from COVID greener and more tech-friendly. Italy's 191.5 billion euros ($210 billion) of cheap loans and grants, to be received in tranches through 2026, was intended for productive investments in the bloc's most chronically stagnant economy. MICRO-PROJECTSMore than half the EU money is meant to go on digitalisation and ecological transition, with the rest devoted to sustainable transport, education, social cohesion and health. The government is still awaiting a 19-billion-euro tranche of the EU funds blocked in March over missed policy targets stemming from 2022. It brings Italy's byzantine rules closer to EU standards, but Gobbato said people will initially find it hard to adapt.

Persons: Flavio Lo Scalzo, Rome, Roberto Perotti, Giorgia Meloni, Mario Draghi, Giuseppe Conte, Carlo Messina, Intesa, Vittorio Soldavini, Davide Carlucci, It's, Gustavo Piga, Rome's, Ilaria, Dentons, Gobbato, Catherine Evans Organizations: REUTERS, Milan's Bocconi University, Treasury, European Central Bank, Technology, Tor Vergata University, Reuters, Thomson Locations: Milan, Italy, ROME, MILAN, tranches, Brussels, Italy's, Italian, Parma

☆ Italy collects around $3 bln from 2023 energy windfall tax
▼ + stars: | 2023-07-10 | by ( Giuseppe Fonte | ) www.reuters.com time to read: +2 min

Summary Tax take slightly above Treasury estimatesItaly phasing out expansionary fiscal policySpike in energy prices has largely reversedROME, July 10 (Reuters) - Italy has collected around 2.8 billion euros ($3.07 billion) from this year's windfall tax on energy companies, people familiar with the matter told Reuters on Monday. The Treasury in December estimated the levy would yield around 2.6 billion euros. Under the terms set in the 2023 budget, around 7,000 producers and sellers of electricity, gas and petrol products were required to pay the levy. This year's windfall tax replaced a levy in 2022 that reaped a similar amount of money but triggered criticism and refusals to pay from multiple firms. Italy has promised to gradually phase out the expansionary fiscal policy adopted since 2020 in the wake of the COVID-19 pandemic and the energy crisis.

Persons: refusals, Gilberto Pichetto Fratin, Giorgia, Christina Fincher Organizations: Reuters, Treasury, Energy, Thomson Locations: Italy, ROME, Ukraine

☆ Libya says Rome lifts civil aviation ban in Italian airspace
▼ + stars: | 2023-07-09 | by ( ) www.reuters.com time to read: +1 min

TRIPOLI, July 9 (Reuters) - Italy has lifted a 10-year-long ban on Libyan civil aviation using Italian airspace, with flights due to resume from September, the Libyan government said on Sunday. There are currently few airlines operating flights in and out of Libya, a country that has suffered more than a decade of chaos and conflict since Muammar Gaddafi's downfall in 2011. Italian Prime Minister Giorgia Meloni informed her Libyan counterpart Abdulhamid al-Dbeibah of the decision on Sunday, the Libyan government said in a statement. Flights out of Libya have long been limited to destinations such as Tunisia, Jordan, Turkey, Egypt and Sudan, with the European Union banning Libyan civil aviation from its airspace. Libyan and Italian authorities agreed that flights would be operated by one carrier from each country, the statement said.

Persons: Muammar Gaddafi's, Giorgia Meloni, Abdulhamid, Adam Makary, Tom Perry, Elaine Hardcastle, Alexander Smith Organizations: Italian, Libyan, Union, Thomson Locations: TRIPOLI, Italy, Libya, Tunisia, Jordan, Turkey, Egypt, Sudan, Cairo, Beirut

☆ Berlusconi leaves control of business empire to two eldest children
▼ + stars: | 2023-07-06 | by ( Elvira Pollina | ) www.reuters.com time to read: +4 min

[1/2] Eleonora Berlusconi, , Pier Silvio Berlusconi, Barbara Berlusconi, Luigi Berlusconi, Marina Berlusconi walk to attend the funeral of former Italian Prime Minister Silvio Berlusconi at the Duomo Cathedral, in Milan, Italy June 14, 2023. Marina, 56, chairs Fininvest while Pier Silvio, 54, has been in charge of the MFE-MediaForEurope (MFEB.MI) TV business which their father founded. Forbes estimated that the overall Berlusconi family assets, which include luxury properties in Milan, Rome and Sardinia, were worth around $6.8 billion. Brash, ebullient and a four-time prime minister, Berlusconi was a media mogul and political showman whose financial and sexual scandals made him the most polarising figure in modern Italy. Barbara, Eleonora and Luigi Berlusconi, his three children from his second marriage, have been less involved in the family business.

Persons: Eleonora Berlusconi, Pier Silvio Berlusconi, Barbara Berlusconi, Luigi Berlusconi, Marina Berlusconi, Silvio Berlusconi, Claudia Greco, Marta Fascina, Dell'Utri, Silvio Berlusconi's, Marina, Pier Silvio, Fininvest, Brash, ebullient, Berlusconi, Silvio, Barbara, Eleonora, Paolo, Marcello Dell'Utri, Fascina, Milan's, Giorgia Meloni's, Giulio Piovaccari, Federico Maccioni, Keith Weir, Alvise Armellini, Mark Potter Organizations: Italian, Cathedral, REUTERS, MILAN, Marina, Italian Serie A, AC Monza, Banca Mediolanum, Forbes, Fininvest SpA, Reuters, MARTA Berlusconi, Forza Italia, Thomson Locations: Milan, Italy, Italian, Rome, Sardinia, Raffaele

☆ Italy launches COVID inquiry panel, opposition fears witch hunt
▼ + stars: | 2023-07-06 | by ( Angelo Amante | ) www.reuters.com time to read: +2 min

ROME, July 6 (Reuters) - Italy's lower house of parliament on Thursday backed a parliamentary inquiry into the handling of the COVID-19 pandemic, with the opposition voicing fears of a witch hunt against those in charge at the time. Giuseppe Conte and former health minister Roberto Speranza," Conte himself, who now heads the opposition 5-Star Movement, told parliament. After the result was announced, the coalition lawmakers shouted in chorus "truth, truth." Italy is not the only country holding an inquiry into the pandemic management. Tommaso Foti, the lower house leader of Meloni's Brothers of Italy party, said the COVID issue caused "doubts and pain" among Italians.

Persons: coronavirus, Giuseppe Conte, Giorgia Meloni, Roberto Speranza, Conte, Speranza, Tommaso Foti, Meloni's, Angelo Amante, Keith Weir Organizations: Senate, Star Movement, World Health, Thomson Locations: Italy, COVID, Britain, Bergamo

☆ Eurozone Inflation Slows, but Underlying Price Pressures Persist
▼ + stars: | 2023-06-30 | by ( Patricia Cohen | ) www.nytimes.com time to read: +4 min

Growth is expected to pick up, but further increases in interest rates could act as a brake on the economy. France’s annual inflation rate fell to 5.3 percent in June, from 6 percent in May. Germany, the largest economy in Europe, saw a rise in its annual inflation rate to 6.8 percent, up from 6.3 percent in May. Inflation rates in Germany are expected to resume their fall in September. After adjusting for inflation, profits were above their prepandemic level while workers’ compensation was 2 percent below the trend in the first quarter of this year.

Persons: Gita Gopinath, Christine Lagarde, ’, Giorgia, “, Lucrezia Reichlin, Riccardo Marcelli Fabiani, Price, Lagarde Organizations: International Monetary Fund, London Business School, Oxford Economics, Ukraine — Locations: Sintra , Portugal, France, Italy, Russia, Ukraine, Germany, Europe

Opposition parties are clamouring for a vote in parliament, but Meloni said on Wednesday that was not about to happen and linked the debate to ongoing discussions on a broader reform of European budget rules. "Italy's interest is addressing negotiations on European governance, which covers the entirety of our national interests," she told parliament. "Meloni does not want to leave the anti-ESM front to Salvini and nobody wants to lose face," he told Reuters. Despite irritation in Brussels over the dithering in Rome, EU officials have told Reuters that any attempt by Meloni to link ESM approval to much more significant budget reform will not pay off. Italy, which has the second largest debt mountain in relation to its GDP in the euro zone after Greece, has criticised the suggestion.

Persons: Giorgia, Meloni, Matteo Salvini, Francesco Galietti, Paschal Donohoe, Francesco Saraceno, Crispian Balmer Organizations: ROME, European Union, Treasury, Reuters, European, Rome's Luiss University, Sciences Po, European Commission, Thomson Locations: Italy, Brussels, Rome, Sciences Po Paris, Greece, Rome's

☆ Biden invites Italian PM Meloni to visit White House in July
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +1 min

[1/2] U.S. President Joe Biden speaks about infrastructure jobs and job training in broadband, construction, and manufacturing following the passage of the Bipartisan Infrastructure Law, the CHIPS and Science Act and the Inflation Reduction Act during an event in the East Room of the White House in... Read moreWASHINGTON, June 26 (Reuters) - U.S. President Joe Biden spoke on Monday with Italian Prime Minister Giorgia Meloni about the brief uprising by Russian mercenaries against the Kremlin and also invited her to visit the White House in July, the White House said in a statement. Biden has spoken with key allies about the events in Russia and the phone call with Meloni was part of that effort, the statement said. "The leaders affirmed their unwavering support for Ukraine," it said. Biden and Meloni also discussed preparations for the NATO summit in Vilnius next month and recent developments in North Africa, the White House said. Reporting by Eric BeechOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Read, Giorgia Meloni, Biden, Meloni, Eric Beech Organizations: Infrastructure Law, White, Italian, Kremlin, Ukraine, NATO, Thomson Locations: WASHINGTON, Russian, Russia, Vilnius, North Africa

WASHINGTON, June 26 (Reuters) - President Joe Biden on Monday said a brief uprising by Russian mercenaries against the Kremlin was part of a struggle within the Russian system and that the United States and its allies were not involved in it. "We made clear we were not involved, we had nothing to do with this," Biden said in his first comments on the uprising by Wagner mercenaries that fizzled over the weekend. The Biden administration would not address a widely held perception in Washington that the uprising showed that Russian President Vladimir Putin has been weakened by his 16-month war against Ukraine. The White House said Biden also consulted on Monday with Italian Prime Minister Giorgia Meloni about the situation. Kirby said the United States does not know the parameters of the deal reached between Putin and Prigozhin that ended the uprising.

Persons: Joe Biden, Biden, Wagner, John Kirby, Sergei Lavrov, Yevgeny Prigozhin's, Vladimir Putin, Matt Miller, Putin's, Yevgeny Prigozhin, Putin, Volodymyr Zelenskiy, Giorgia Meloni, It's, Kirby, We're, Jeff Mason, Steve Holland, Simon Lewis, Jonathan Landay, Phil Stewart, Kanishka Singh, Trevor Hunnicutt, Humeyra Pamuk, Mark Porter, Alistair Bell, Alex Richardson, Deepa Babington, Sandra Maler Organizations: Kremlin, Ukraine, White House, TASS, U.S ., Ukraine . State, NATO, Italian, Putin, Reuters, Thomson Locations: Russian, United States, Russia, Moscow, U.S, Washington, Ukraine, United

☆ Turmoil in Russia: Reactions from foreign governments
▼ + stars: | 2023-06-24 | by ( ) www.reuters.com time to read: +4 min

"With very limited evidence of fighting between Wagner and Russian security forces, some have likely remained passive, acquiescing to Wagner." LITHUANIAN FOREIGN MINISTER GABRIELIUS LANDSBERGIS"For 100 years Lithuanians have lived on the edge of Moscow's brutal banditocracy, knowing it's only a matter of time before the next chaotic implosion. CZECH FOREIGN MINISTER JAN LIPAVSKY"We are closely following the situation in the Russian Federation. ESTONIAN PRIME MINISTER KAJA KALLAS"Estonia is closely following the development of the situation in Russia and exchanging information with allies. The instructions of Russian security authorities should be followed at all costs," it said in its updated travel advice.

Persons: Vladimir Putin, Yevgeny Prigozhin, VOLODYMYR ZELENSKIY, Wagner, JAMES, OANA, GABRIELIUS, it's, JAN LIPAVSKY, ANDRZEJ DUDA, Emmanuel Macron, GIORGIA, Meloni, Frances Kerry, Hugh Lawson Organizations: MINISTRY, Russian National Guard, Wagner Group, NATO, Ukraine, Russian Federation, Reuters, Thomson Locations: Russia, Russian, Britain, Ukraine, Rostov, Voronezh Oblast, Moscow, EU, Estonia

☆ Analysis: Greek bonds snapping at heels of southern Europe's best in class
▼ + stars: | 2023-06-23 | by ( Stefano Rebaudo | ) www.reuters.com time to read: +5 min

The country has received three international bailouts from the euro zone and the IMF worth 280 billion euros ($308 billion) since 2010. "The Greek (bond) market is not so liquid and tends to be more volatile, but we have a lot of good news. The Greek economy is still heavily exposed to volatile sectors like tourism or shipping, but it is less sensitive to manufacturing headwinds. The premium, or spread, of Greek government bond yields over those of Spain recently fell to its lowest since 2008 at around 27 basis points . Across southern Europe, only Portugal and Spain trade at a smaller premium to Germany - the euro zone benchmark - than Greece.

Persons: Athanasios, Kyriakos Mitsotakis, Goldman Sachs, Filippo Taddei, Piet Haines Christiansen, Giorgia Meloni, Mario Draghi's, Christoph Rieger, Stefano Rebaudo, Sara Rossi, Amanda Cooper, Hugh Lawson Organizations: Bank of America, Democracy, Analysts, European Recovery Fund, Danske Bank, Italy's, ECB, Italian Treasury, Reuters, Thomson Locations: Greece, Spain, Europe, Portugal, Germany, European, Italy, Italian

☆ Fact Check-No evidence Italian PM Giorgia Meloni launched ‘Family Pride’ month
▼ + stars: | 2023-06-21 | by ( Reuters Fact Check | ) www.reuters.com time to read: +3 min

There is no evidence Italian Prime Minister Giorgia Meloni replaced or countered LGBTQ Pride celebrations with Family Pride month, despite contrary claims spreading online. Reuters found no evidence that Meloni’s government either announced or launched a Family Pride month, nor a Family Pride month that counters or replaces LGBTQ Pride. One Facebook user who shared a photo of a rally on June 6 said it was taken from the launch of Family Pride month in May in Rome (here). He added to Reuters in an email: “A possible ‘Family Pride’ month is not a priority and is not something we currently have interest in.”VERDICTNo evidence. There is no proof Meloni’s government launched a Family Pride month.

Persons: Giorgia Meloni, Meloni, Mario Mieli, Mario, ” Mario Colamarino, Jacopo Coghe, “, Read Organizations: Facebook, Twitter, Reuters, Lazio, Pro Vita Locations: Italian, Italy, Rome, Lazio, Circolo

☆ Brazil's Lula discusses peace, poverty and inequality with pope
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +2 min

Vatican Media/Handout via REUTERSVATICAN CITY, June 21 (Reuters) - Pope Francis met Brazilian President Luiz Inacio Lula da Silva on Wednesday and discussed a range of common concerns including peace, poverty, inequality and the environment, the Vatican said. Underscoring this sentiment, the pope gave Lula a bronze sculpture with the inscription: "Peace is a fragile flower." Pope Francis and Lula have both repeatedly called for a halt to the fighting and pitched their respective offices as potential peace brokers. I think too few people are talking of peace," Lula told Corriere della Sera newspaper in an interview published on Wednesday. Lula met a number of Italian leaders during his brief visit to Rome, including Prime Minister Giorgia Meloni and President Sergio Mattarella.

Persons: Luiz Inacio Lula da Silva, Edgar Pena Parra, Pope Francis, Lula, Corriere, Jair Bolsonaro, Giorgia Meloni, Sergio Mattarella, Crispian Balmer, Andrew Cawthorne Organizations: General Affairs, State, Vatican, Handout, REUTERS VATICAN CITY, Corriere della Sera, Thomson Locations: Vatican's, Ukraine, Russia, Rome, Paris

KKR's approach incorporates a value for TIM's fixed landline network that could top 23 billion euros ($25 billion). TIM plans to analyse in depth the terms to be proposed by KKR, one of the sources said. Having already invested 1.8 billion euros in the grid, KKR has bid for a controlling stake in a unit comprising TIM's entire domestic fixed access network and submarine cable business Sparkle. KKR is also ready to let TIM retain a stake in its landline network. Prime Minister Giorgia Meloni's administration will have a say on any deal as Rome can use its "golden powers" rules to set conditions or block bids for strategic assets such as TIM's network.

Persons: Pietro Labriola's, Giancarlo Giorgetti, Giorgia Meloni's, Giuseppe Fonte, Elvira Pollina, Valentina Za, Kirsten Donovan Organizations: KKR, TIM, Telecom Italia, Macquarie, Reuters, Vivendi, Treasury, Thomson Locations: ROME, Rome

☆ Elon Musk and Bernard Arnault – the world’s 2 richest people – had the ultimate power lunch in Paris on Friday
▼ + stars: | 2023-06-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

The world's two richest people met for a power lunch in Paris on Friday. Elon Musk and Bernard Arnault, both worth more than $200 billion, dined at the Cheval Blanc hotel. "Power lunch" may have a whole new meaning after the world's two richest people dined in Paris on Friday. Elon Musk and Bernard Arnault, the CEO of LVMH, met at Cheval Blanc, the luxury hotel run by the French luxury conglomerate. Elon Musk and Antoine Arnault at the VivaTech conference in Paris on Friday.

Persons: Elon Musk, Bernard Arnault, Musk's, Alexandre, Antoine, LVMH, Cheval, Musk, he's, Maye Musk, Antoine Arnault, It's, Gonzalo Fuentes, Reuters Musk's, Giorgia Meloni, Meloni, Emmanuel Macron, Macron Organizations: Morning, Bloomberg, Eiffel, French, Reuters Locations: Paris, Cheval Blanc, Europe, France

☆ Italy rules Pirelli's Chinese top investor cannot choose CEO
▼ + stars: | 2023-06-17 | by ( ) www.reuters.com time to read: +2 min

[1/2] Pirelli CEO Marco Tronchetti Provera attends a theatrical performance on the occasion of the 150th anniversary celebration of Italian tyremaker in Milan, Italy, January 28, 2022. Rome's move came after Sinochem notified the Italian government in March of plans to renew and update an existing shareholder pact with fellow investor Camfin, the vehicle of Pirelli's CEO Marco Tronchetti Provera. Rome also ruled Sinochem should pick no more than eight members of Pirelli's 15-strong board, leaving four to Camfin. Pirelli shareholders vote to pick a new board on July 31, with current deputy CEO Giorgio Bruno set to replace Tronchetti Provera, who would stay on as executive vice-chairman. Analysts see the move as an initial step to build an alternative and stable group of Italian shareholders for the company.

Persons: Marco Tronchetti Provera, Flavio Lo Scalzo, China's, tyremaker Pirelli, Rome's, Sinochem, Camfin, Giorgia, Tronchetti Provera, Pirelli's, Giorgio Bruno, Giuseppe Fonte, Valentina Za, Giulio Piovaccari, Louise Heavens Organizations: Pirelli, REUTERS, Reuters, Thomson Locations: Milan, Italy, China, Rome, Camfim

Sinochem was not immediately available for comment, while Pirelli declined to comment. Sources had previously told Reuters that the government was concerned about Sinochem's growing influence on Pirelli, as the proposed pact would have allowed the Chinese group to appoint more board members and potentially choose Pirelli's future CEOs. Founded in 1872, Pirelli is one of Italy's most storied companies. CHANGES NEEDEDMeloni's government refrained from imposing even tougher conditions on Sinochem, including blocking its voting rights in Pirelli. The Chinese group earlier this year confirmed its plans to remain a long-term investor in Pirelli.

Persons: China's Sinochem, Marco Tronchetti Provera, Giorgia, Sinochem, Rome, Camfin, Giorgio Bruno, Tronchetti Provera, Alvise Armellini, Giuseppe Fonte, Giulio Piovaccari, Sandra Maler Organizations: Beijing, tyremaker Pirelli, Camfin, Pirelli, Reuters, Big, Ferrari, Porsche, BMW, Formula, Initiative, Thomson Locations: Beijing ROME, China, Beijing, Italy, Europe, Rome, Milan

☆ Elon Musk sat down with Italy's prime minister for a wide-ranging discussion that veered from AI risks to birth rates
▼ + stars: | 2023-06-16 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk met the Italian prime minister, Giorgia Meloni, on Thursday. The pair discussed AI, European market rules, and birth rates. The Tesla CEO met the Italian prime minister, Giorgia Meloni, on Thursday for a wide-ranging discussion that touched on AI and birth rates. The prime minister called the meeting "fruitful" and a "moment of great cordiality" in a tweet. She said: "We addressed some crucial issues: innovation, opportunities and risks of artificial intelligence, European market rules and birth rates."

Persons: Elon Musk, Giorgia, Emmanuel Macron, Noël Barrot Organizations: Morning, Viva Tech, CNBC, Jean Locations: France, Europe, Paris

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