binance left Coinmarketcap net_left adver left
Detail

Italy to seek EU approval to stay in MPS for 'years' - source

By Giuseppe Fonte ROME (Reuters) -Italy plans to negotiate with the European Commission a "long extension" of the deadline to cut Rome's 64% stake in ailing bank Monte dei Paschi...
Italy to seek EU approval to stay in MPS for 'years' - source © Reuters. FILE PHOTO: The entrance of Monte dei Paschi bank headquarters is seen in downtown Siena, Italy, October 27, 2017. REUTERS/Stefano Rellandini

By Giuseppe Fonte

ROME (Reuters) -Italy plans to negotiate with the European Commission a "long extension" of the deadline to cut Rome's 64% stake in ailing bank Monte dei Paschi di Siena (MPS), a source close to the matter told Reuters.

The extension to be requested by the Treasury to Brussels will amount to "years," the source said, without elaborating.

The development comes after talks with Italy's No.2 bank UniCredit over a potential merger deal with the Tuscan lender collapsed on Sunday.

Rome believes the European Commission has no interest in putting Italy in a difficult negotiating position, the source added, who declined to be identified due to the sensitivity of the matter.

Under the terms of a state bailout agreed with Brussels in 2017 at a cost of 5.4 billion euros ($6.28 billion), the Treasury was due to cut its 64% stake in MPS no later than the approval of its 2021 results, meaning mid-2022 at the latest.

After deeming UniCredit's 6.3 billion euro capital demand too high a price to pay to offload MPS, Italy's Treasury now needs to address the bank's capital requirements which MPS has put at 2.5 billion euros.

A cash injection is now likely to exceed that figure, two sources close to the matter told Reuters on Monday. One of the sources said it could total 3.5 billion - or 3.5 times the bank's current market value.

Italy has so far set aside 1.5 billion euros to recapitalise Monte Paschi. Developments on this could come in Rome's 2022 budget expected to be unveiled by Prime Minister Mario Draghi's government this week.

The capital increase would take place as a market transaction to avoid any 'burden sharing' with junior bondholders. These investors must bear losses under EU rules if cash calls are classed as state aid.

Private investors contributed 2.8 billion euros to MPS' 2017 rescue through a debt-to-equity swap.

Italy also plans to implement some of the measures it had offered to UniCredit as part of a new stand-alone plan for MPS.

The bank's residual problem debts, worth around 4 billion euros, will go to state-owned bad loan manager AMCO, while state agency Fintenca is expected to take on up to 5 billion euros in legal claims stemming from MPS' pending lawsuits.

($1 = 0.8593 euros)

ig right nyse right Neteller adver right
APPROVED BROKERS
rakuten_main right top net_home_top ig_main right top Binance _ main right top fbs_main right top tifia_main right top
04-12-2021 06:03:28 (UTC+7)

EUR/USD

1.1316

+0.0017 (+0.15%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (1)

EUR/USD

1.1316

+0.0017 (+0.15%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (1)

GBP/USD

1.3239

-0.0067 (-0.51%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (6)

Sell (2)

USD/JPY

112.82

-0.34 (-0.30%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (7)

AUD/USD

0.6998

-0.0095 (-1.34%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (4)

USD/CAD

1.2846

+0.0038 (+0.30%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (2)

Sell (4)

EUR/JPY

127.66

-0.19 (-0.15%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (2)

EUR/CHF

1.0385

-0.0012 (-0.12%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (3)

Gold Futures

1,784.15

+21.45 (+1.22%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (6)

Silver Futures

22.562

+0.246 (+1.10%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Copper Futures

4.2725

-0.0265 (-0.62%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (7)

Crude Oil WTI Futures

66.27

-0.23 (-0.35%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (6)

Brent Oil Futures

69.91

+0.24 (+0.34%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (7)

Natural Gas Futures

4.095

+0.039 (+0.96%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (4)

US Coffee C Futures

242.40

+5.80 (+2.45%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

Euro Stoxx 50

4,080.15

-27.87 (-0.68%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

S&P 500

4,538.43

-38.67 (-0.84%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

DAX

15,169.98

-93.13 (-0.61%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (7)

Sell (0)

FTSE 100

7,122.32

-6.89 (-0.10%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

Hang Seng

23,766.69

-22.24 (-0.09%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (0)

US Small Cap 2000

2,150.30

-56.04 (-2.54%)

Summary

Neutral

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (5)

Sell (4)

IBEX 35

8,241.70

-59.10 (-0.71%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (8)

Sell (0)

BASF SE NA O.N.

58.240

-0.930 (-1.57%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Bayer AG NA

44.20

-0.78 (-1.73%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (4)

Allianz SE VNA O.N.

197.02

-0.36 (-0.18%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Adidas AG

247.82

-7.43 (-2.91%)

Summary

Neutral

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (5)

Sell (2)

Deutsche Lufthansa AG

5.687

+0.062 (+1.10%)

Summary

Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (3)

Sell (4)

Siemens AG Class N

146.30

-1.41 (-0.95%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (5)

Deutsche Bank AG

10.740

-0.210 (-1.92%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (9)

    EUR/USD 1.1316 ↑ Buy  
    GBP/USD 1.3239 ↑ Buy  
    USD/JPY 112.82 Sell  
    AUD/USD 0.6998 ↑ Sell  
    USD/CAD 1.2846 Neutral  
    EUR/JPY 127.66 ↑ Buy  
    EUR/CHF 1.0385 ↑ Buy  
    Gold 1,784.15 ↑ Sell  
    Silver 22.562 ↑ Buy  
    Copper 4.2725 ↑ Sell  
    Crude Oil WTI 66.27 ↑ Sell  
    Brent Oil 69.91 ↑ Sell  
    Natural Gas 4.095 Sell  
    US Coffee C 242.40 ↑ Sell  
    Euro Stoxx 50 4,080.15 ↑ Buy  
    S&P 500 4,538.43 ↑ Buy  
    DAX 15,169.98 ↑ Buy  
    FTSE 100 7,122.32 ↑ Buy  
    Hang Seng 23,766.69 ↑ Buy  
    Small Cap 2000 2,150.30 Neutral  
    IBEX 35 8,241.70 ↑ Buy  
    BASF 58.240 ↑ Sell  
    Bayer 44.20 Sell  
    Allianz 197.02 ↑ Sell  
    Adidas 247.82 Neutral  
    Lufthansa 5.687 Sell  
    Siemens AG 146.30 ↑ Sell  
    Deutsche Bank AG 10.740 ↑ Sell  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,020/ 6,070
(0/ 0) # 1,177
SJC HCM6,040/ 6,110
(25/ 25) # 1,182
SJC Hanoi6,040/ 6,112
(25/ 25) # 1,184
SJC Danang6,040/ 6,112
(25/ 25) # 1,184
SJC Nhatrang6,040/ 6,112
(25/ 25) # 1,184
SJC Cantho6,040/ 6,112
(25/ 25) # 1,184
Cập nhật 04-12-2021 06:03:31
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,783.45 +14.31 0.81%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩm Vùng 1 Vùng 2
RON 95-IV2400024480
RON 95-II,III2390024370
E5 RON 92-II2291023360
DO 0.05S1838018740
DO 0,001S-V1873019100
Dầu hỏa1719017530
ↂ Giá dầu thô thế giới
WTI $66.17 0 0%
Brent $69.78 0 0%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.670,0022.940,00
EUR25.103,6426.487,38
GBP29.523,3630.756,79
JPY195,30206,56
KRW16,7020,34
Cập nhật lúc 17:56:33 04/12/2021
Xem bảng tỷ giá hối đoái
binance main right Fxpro Main Right aetos main right adver main right