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☆ European markets expected to open higher; UK awaits results for a new prime minister
▼ + stars: | 2022-10-24 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: 1 min

European markets are anticipating a higher open Monday, with U.K. politics expected to settle as the ruling Conservative Party picks a new prime minister following the resignation of Liz Truss last week. French President Emmanuel Macron and Italy's new Prime Minister Giorgia Meloni held informal talks Sunday in their first meeting together, while Germany is still contemplating its gas price strategy. In the U.S., stock futures were little changed Monday morning after all three major averages notched their best week since June at Friday's close. Shares in the Asia-Pacific were mixed Monday, but Hong Kong's Hang Seng index plunged about 6%, with the Hang Seng Tech index down more than 8%.

☆ Male or female title? Italy's new PM Meloni stirs gender debate
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +2 min

MILAN, Oct 24 (Reuters) - Giorgia Meloni is Italy's first woman prime minister, but she is choosing to refer to herself using the masculine form of her new title - sparking a debate on the issues of female empowerment and political correctness. Under RAI's corporate gender policy, the feminine form should be used whenever it exists, and "no colleague can therefore be obliged to use the masculine" to refer to Meloni, Usigrai said in a statement. "The first female prime minister goes by the masculine name ... Is using the feminine form too much for the leader of FdI, a party that already omits Sisters from its name?" The Accademia della Crusca, a guardian of the Italian language, has said using the feminine for positions held by women is the grammatically correct choice. However, anyone who prefers to use the traditional masculine form, for ideological or generational reasons, has every right to do so, its president Claudio Marazzini told Italian news agency Adnkronos.

☆ Italy’s new boss is missing a trick on tax evasion
▼ + stars: | 2022-10-24 | by ( Lisa Jucca | ) www.reuters.com time to read: +3 min

A proper fight against endemic tax evasion would give her much-needed ammunition. Meanwhile, plans to allow Italians to retire earlier would likely cost more than 10 billion euros annually. She could target untaxed domestic revenue, which amounted to 100 billion euros in 2019. A serious effort to tackle tax evasion would materially help her fiscal position. The approach offers upfront windfalls but does not discourage tax evasion in the long term.

☆ European stocks jump on Fed slowdown hopes, Prosus slides on China woes
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +1 min

Oct 24 (Reuters) - European shares rose on Monday, driven by hopes that the Federal Reserve could slow its pace of interest rate hikes, while investors braced for a busy week of earnings and a key interest rate decision from the European Central Bank. The continent-wide STOXX 600 index (.STOXX) rose 1.3% by 0708 GMT, with travel and leisure (.SXTP), retail (.SXRP) and banking (.SX7P) sectors leading the gains. Wall Street's main indexes rallied on Friday after a report said the Fed will likely debate on a smaller interest rate hike in December. read moreMeanwhile, Italian stocks (.FTMIB) rose 1.4% after Giorgia Meloni was sworn in as Italy's first woman prime minister on Saturday. Register now for FREE unlimited access to Reuters.com RegisterReporting by Sruthi Shankar in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

☆ France's Macron to hold talks with new Italian PM Meloni on Sunday
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +1 min

Italian Prime Minister Giorgia Meloni attends the first new cabinet meeting, at Chigi Palace, in Rome, Italy, October 23, 2022. REUTERS/Yara NardiPARIS, Oct 23 (Reuters) - French President Emmanuel Macron, currently on an official visit to Italy, will hold talks with new Italian Prime Minister Giorgia Meloni later on Sunday, the French presidency said, without providing further details. Meloni was sworn in as Italy's first woman prime minister on Saturday alongside her cabinet team, giving the country its most right-wing government since World War Two. European Commission leaders in Brussels sent her messages of congratulations on Saturday. Register now for FREE unlimited access to Reuters.com RegisterReporting by Sudip Kar-Gupta, Elizabeth Pineau and Sophie Louet; Editing by Edmund Blair and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

☆ Giorgia Meloni, Taking Power in Italy, Promises a Pro-Western Course
▼ + stars: | 2022-10-22 | by ( Margherita Stancati | ) www.wsj.com time to read: 1 min

Giorgia Meloni, surrounded by members of her right-wing coalition, speaks to the media. ROME— Giorgia Meloni was sworn in as Italy’s prime minister on Saturday, assuming power at the helm of a right-wing coalition already beset by internal squabbles over Rome’s position toward Moscow. A staunch Atlanticist, Ms. Meloni has said her government will be steadfast in its support for Ukraine and in its opposition to Russia’s war on the country.

☆ Far-right leader Giorgia Meloni sworn in as Italy's first female prime minister
▼ + stars: | 2022-10-22 | by ( ) www.nbcnews.com time to read: +1 min

Giorgia Meloni was sworn in as Italy’s first woman prime minister on Saturday alongside her cabinet team, giving the country its most right-wing government since World War II. Meloni, head of the nationalist Brothers of Italy, swept to victory in an election last month as part of a coalition that included Forza Italia, led by former premier Silvio Berlusconi, and Matteo Salvini’s League. “I swear to be faithful to the republic,” the 45-year-old Meloni said under the crystal chandeliers of a frescoed chamber, before shaking hands with President Sergio Mattarella. Her government, the 12th this century, replaces a national unity administration led by former European Central Bank chief Mario Draghi. After days of often tense, behind-the-scenes talks, Meloni unveiled her team on Friday, giving five ministries each to her junior partners, the League and Forza Italia, while reserving nine cabinet posts for her own party.

☆ Italy's first female prime minister leads the most far-right government since the fascist era of Mussolini
▼ + stars: | 2022-10-22 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +3 min

Giorgia Meloni has become Italy's first female Prime Minister. Her new government is set to be the most right-wing since the era of Benito Mussolini. She's previously said, "No to the violence of Islam, yes to safer borders, no to mass immigration." Her new government has already shown signs of political tensions, with the leader of the Forza party, former prime minister Silvio Berlusconi, having left a note in public view at the opening of Parliament calling the new prime minister as overbearing, domineering, arrogant, and offensive, according to Politico. League leader Matteo Salvini, Meloni's other far-right ally, has also long been seen as a Putin admirer, reported the BBC.

☆ Factbox: Key ministers in new Italian Meloni government
▼ + stars: | 2022-10-22 | by ( ) www.reuters.com time to read: +6 min

ROME, Oct 22 (Reuters) - Italian Prime Minister Giorgia Meloni's government was sworn into office on Saturday. Here the profiles of some of the key figures:ECONOMY MINISTERGiancarlo Giorgetti, 55, is a veteran political wheeler-dealer viewed as a moderate and relatively pro-European member of his right-wing League party. He was not Prime Minister Meloni's first choice for the job. He held posts in centre-right governments led by Berlusconi and recently served as president of the influential parliamentary intelligence committee. Meloni insisted on him for the job, overcoming resistance from Berlusconi who wanted a Forza Italia member in the ministry.

☆ Italy's Meloni sworn in at head of right-wing government
▼ + stars: | 2022-10-22 | by ( ) www.reuters.com time to read: +2 min

Italy's newly elected Prime Minister Giorgia Meloni reacts during the swearing-in ceremony at the Quirinale Presidential Palace, in Rome, Italy October 22, 2022. REUTERS/Guglielmo MangiapaneROME, Oct 22 (Reuters) - Giorgia Meloni was sworn in as Italy's first woman prime minister on Saturday alongside her cabinet team, giving the country its most right-wing government since World War Two. Meloni, head of the nationalist Brothers of Italy, swept to victory in an election last month as part of a coalition that included Forza Italia, led by former premier Silvio Berlusconi, and Matteo Salvini's League. "I swear to be faithful to the republic," the 45-year-old Meloni said under the crystal chandeliers of a frescoed chamber, before shaking hands with President Sergio Mattarella. Register now for FREE unlimited access to Reuters.com RegisterReporting by Crispian Balmer and Angelo Amante; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ Italy's far-right leader Giorgia Meloni forms new government
▼ + stars: | 2022-10-21 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

A presidential palace official announced that Ms Meloni and her Cabinet would be sworn in on Saturday. Meloni’s Brothers of Italy, a party with neo-fascist roots, secured the most votes in Italy’s national election last month. Meloni made no public comments before leaving the Quirinal presidential palace. Giorgia Meloni, center, leaves the Quirinale Presidential Palace in Rome on Friday. Berlusconi and Salvini are long-time admirers of Russian President Vladimir Putin; Meloni staunchly backs Ukraine in its defence against the Russian invasion.

☆ Low-key 'fixer' Giorgetti named Italy's economy minister
▼ + stars: | 2022-10-21 | by ( Gavin Jones | ) www.reuters.com time to read: +6 min

read moreTim Jones, euro zone analyst for market consultancy firm Medley Advisors, said "long-time League fixer" Giorgetti was a better fit. I don't know if I'd be able to be economy minister." As industry minister, he helped block a number of Chinese takeover bids in strategic sectors of Italy's economy. "He backed Maroni when he got rid of Bossi, he backed Salvini when he got rid of Maroni and then he backed Draghi who undermined Salvini," said the source, asking not to be named. Tellingly, when Meloni proposed Giorgetti as economy minister, Salvini said he should be counted as an external figure, rather than part of the League's quota of ministers, a party source said.

☆ Italy's Meloni tells president she is ready to become prime minister
▼ + stars: | 2022-10-21 | by ( Crispian Balmer | ) www.reuters.com time to read: +3 min

Brothers of Italy leader Giorgia Meloni arrives for a meeting with Italian President Sergio Mattarella at the Quirinale Palace in Rome, Italy October 21, 2022. REUTERS/Guglielmo MangiapaneSummary Meloni set to become Italy's first woman PMNew government could be sworn in at weekendBerlusconi irks allies with pro-Putin commentsROME, Oct 21 (Reuters) - Italy's Giorgia Meloni told President Sergio Mattarella on Friday that she was ready to become prime minister and could swiftly form a new government despite tumult within her right-wing coalition. Meloni, head of the nationalist Brothers of Italy party, met the president alongside her main allies -- Matteo Salvini, who leads the far-right League, and Silvio Berlusconi, founder of the conservative Forza Italia party. "We are ready to form a government as quickly as possible," Meloni told reporters after the unusually short meeting, which lasted barely 15 minutes. The conservative bloc won a commanding parliamentary majority at a Sept. 25 general election, with Meloni's party taking the most votes, putting her in pole position to become Italy's first female prime minister.

☆ Italy's Giorgia Meloni to head new right-wing government
▼ + stars: | 2022-10-21 | by ( ) www.cnbc.com time to read: +2 min

Giorgia Meloni has agreed to form Italy's next government, a presidential official said on Friday, clearing the way for her to become the country's first female prime minister. Meloni, head of the nationalist Brothers of Italy, led an alliance of conservative parties to victory at a Sept. 25 election and will take charge of the country's most right-wing government since World War II. "Giorgia Meloni has accepted the mandate and has presented her list of ministers," the presidential official Ugo Zampetti told reporters after Meloni had consulted with President Sergio Mattarella in his Quirinale palace. Meloni heads a coalition including Silvio Berlusconi's Forza Italia and Matteo Salvini's League. Italy's 68th government since 1946 faces daunting challenges, including a looming recession, rising energy bills and how to present a united front over the Ukraine war.

☆ (OFFICIAL) Key ministers in new Italian government
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +6 min

Italy's newly appointed Prime Minister Giorgia Meloni speaks to the media following a meeting with Italian President Sergio Mattarella at the Quirinale Palace in Rome, Italy October 21, 2022. REUTERS/Guglielmo MangiapaneROME, Oct 21 (Reuters) - Giorgia Meloni's Italian government will be sworn in on Saturday at 10 a.m. (0800 GMT). Here the profiles of some of the key figures:ECONOMY MINISTERGiancarlo Giorgetti, 55, is a veteran political wheeler-dealer viewed as a moderate and relatively pro-European member of his right-wing League party. He was not Prime Minister Meloni's first choice for the job. Meloni insisted on him for the job, overcoming resistance from Berlusconi who wanted a Forza Italia member in the justice ministry.

The spot where a floating storage and regasification unit will be set up is seen in front of the port city of Piombino, Italy, October 20, 2022. Such a big-scale project will help Italy avert a supply crunch it could otherwise face next winter, but keep it hooked on gas for longer, slowing down its transition to renewable energy. A new rightist government, widely expected to be led by Giorgia Meloni, could be sworn in as soon as next week, with no sign that Rome's line on Piombino project - endorsed by Italy's industrial lobby Confindustria - could be changed. With little domestic gas production and a ban on nuclear power generation, Italy heavily relies on imports for its energy needs. Some local and environmental grassroots associations and unions gathered in Piombino on Thursday for a rally against the project.

☆ Analysis: Method or madness? Berlusconi's Russia stance hurts Meloni and Italy
▼ + stars: | 2022-10-20 | by ( Angelo Amante | ) www.reuters.com time to read: +4 min

Meloni, leader of the nationalist Brothers of Italy party, has strongly defended Ukraine since Russia launched its invasion in February and has supported Western sanctions against Moscow. Berlusconi's pro-Putin remarks came in front of dozens of Forza Italia lawmakers and Napoli believed the risk of information being leaked to the press was obviously high. Some analysts believe there is no clear strategy behind Berlusconi's comments and that they could backfire and even jeopardise Tajani's chances of becoming foreign minister. Giovanni Orsina, a politics professor at Rome's Luiss university said Berlusconi has demolished his own argument that Forza Italia can be a moderating influence on the government. "It is hard to imagine that this is rational because Berlusconi and his party are the first to be damaged ...

ROME — Silvio Berlusconi, the former Italian leader who recently returned to frontline politics, has reconnected with his old friend Russian President Vladimir Putin with an exchange of gifts and “sweet” letters over his recent birthday. “I reconnected with President Putin — a little bit, well a lot,” the 86-year-old reportedly said during a conversation with lawmakers from his center-right Forza Italia party, according to Italy’s LaPresse news agency which published the comments. Meloni needs the support of Forza Italia to keep its majority in the Senate and the lower house of parliament. ... Berlusconi who reconnects with the invader of Ukraine?”It’s not the first time Berlusconi has seemingly defended Putin with whom he has a long and friendly history. Later he backtracked, saying his words had been “oversimplified.”Berlusconi responded with a joke when asked about his latest comments by reporters, although his Forza Italia party tried to distance itself from the comments.

Her uncompromising statement came after her conservative ally Silvio Berlusconi reiterated his sympathy for Russian President Vladimir Putin and accused Ukrainian President Volodymyr Zelenskiy of triggering the war. In a sharply worded declaration, Meloni said any party that disagreed with her foreign policy line should not join the government, which is set to take office next week. Meloni has staunchly defended Ukraine since Russia launched its invasion in February, and has supported Western sanctions against Moscow. Repeating accusations made by Putin that have been denied by Ukraine, Berlusconi said Zelenskiy made the situation much worse when he came to power in 2019. "Berlusconi's comments are very grave and incompatible with Italian and European positions," said Enrico Letta, the leader of the centre-left Democratic Party.

☆ Row over Mussolini photo as Italy's Meloni readies for power
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +3 min

Leader of Brothers of Italy party Giorgia Meloni attends the fourth voting session to elect the new speaker, at the lower house of parliament, in Rome, Italy, October 14, 2022. The Mussolini portrait will be taken down "to avoid polemics and manipulations," the industry ministry said in a statement. The statement noted that another picture of Mussolini hangs in Palazzo Chigi, the prime minister's office, along with portraits of other Italian heads of government. Earlier, former centre-left leader and industry minister Pier Luigi Bersani chafed at being hung alongside Italy's late dictator. The public sector chapter of the CGIL, Italy's largest trade union, was also outraged, condemning the "deplorable" display and calling for its immediate removal.

Leader of Brothers of Italy party Giorgia Meloni attends the fourth voting session to elect the new speaker, at the lower house of parliament, in Rome, Italy, October 14, 2022. Giorgetti, the industry minister in Mario Draghi's outgoing government, is considered to be one of the League's most moderate and pro-European figures. Coalition sources said energy-related matters are likely to remain in the hands of the ecological transition ministry. The frontrunner to succeed technocrat Roberto Cingolani in the job is Gilberto Pichetto Fratin, a coalition source said. Brothers of Italy's Adolfo Urso, previously head of the parliamentary committee on security, is the frontrunner for the position, one source said.

☆ Italy's Berlusconi says has exchanged "sweet letters" with Putin
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +2 min

ROME, Oct 18 (Reuters) - Former Italian Prime Minister Silvio Berlusconi said on Tuesday he was back in touch with Russian President Vladimir Putin and had recently exchanged "sweet letters" with him, according to an audio released by an Italian news agency. Register now for FREE unlimited access to Reuters.com Register"I answered him with some bottles of Lambrusco (wine) and an equally sweet letter," said Berlusconi, whose birthday was on Sept. 29. A party spokesperson denied Berlusconi was back in touch with Putin, saying he had been telling his parliamentarians "an old story referring to an episode many years ago." Matteo Salvini, leader of the anti-immigrant League, has often praised Putin and used to don a T-shirt emblazoned with the Russian leader's face. "They could become a boomerang and we will find ourselves in great difficulty," he told the talk show Porta a Porta.

☆ Tourists in Italy are behaving badly this year: Here’s why
▼ + stars: | 2022-10-15 | by ( Julia Buckley | ) edition.cnn.com time to read: +19 min

With Europe seeing an explosion of visitors a year after Covid travel restrictions dropped, incidents of visitors behaving badly in Italy show no sign of abating. Think that’s bad? Meanwhile in Venice, tourists routinely swim in the UNESCO-protected canals, which double as the city’s sewer system. “Tourists don’t know how to relate to the artistic heritage because they have no relation with our history – so they refer to their cultural imagination, and therefore to our cinema. “So many tourists have said to me over the years, ‘In Italy there are no rules.’ But they are mistaken.

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☆ Next Italy PM is bolstering her EU credentials
▼ + stars: | 2022-10-14 | by ( ) www.reuters.com time to read: +2 min

MILAN, Oct 14 (Reuters Breakingviews) - Italy’s would-be premier Giorgia Meloni is seeking to score points with investors. The hard-right Brothers of Italy party leader, expected to become prime minister later this month, is looking to appoint pro-European lawmaker Giancarlo Giorgetti, 55, as finance minister. A veteran member of the League, Meloni’s coalition partner, Giorgetti is a moderate, pro-market politician. But the central banker, a top candidate to become Bank of Italy governor next year, turned down Meloni’s approach, people close to him told Reuters Breakingviews. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

ROME, Oct 13 (Reuters) - Giancarlo Giorgetti, a former industry minister and the deputy leader of the right-wing League party, looked well placed to become Italy's next economy minister on Thursday after getting the backing of the conservative coalition chief. "I think Giancarlo Giorgetti would be an excellent economy minister," Giorgia Meloni, expected to be named prime minister this month, told reporters in parliament. "If the League wants me at the economy ministry I'll go there," Giorgetti told reporters shortly before Meloni's comments, in a shift from previous, more cautious remarks. Asked by Reuters early on Thursday whether he would be willing to become economy minister, he replied: "if you're asked to do something you reflect and ask yourself if you'd be able to do it. I don't know if I'd be able to be economy minister."

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