Generali beats 2018 targets despite ‘challenging’ Italian market, raises dividend

“But when people do not invest because the economy is not growing, the life insurance business and asset management is growing.” Donnet also claimed that Generali’s 59 billion euros in Italian BTPs was not a concern to investors. Generali has reserved up to 4 billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia. Clarification: This story has been updated to reflect that Donnet claimed that Generali’s 59 billion euros in Ital


“But when people do not invest because the economy is not growing, the life insurance business and asset management is growing.” Donnet also claimed that Generali’s 59 billion euros in Italian BTPs was not a concern to investors. Generali has reserved up to 4 billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia. Clarification: This story has been updated to reflect that Donnet claimed that Generali’s 59 billion euros in Ital
Generali beats 2018 targets despite ‘challenging’ Italian market, raises dividend Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: reuters with cnbccom, pier marco tacca, getty images
Keywords: news, cnbc, companies, management, euros, despite, 2018, generalis, growing, targets, dividend, billion, market, business, beats, reflect, raises, generali, challenging, btps, economy, italian


Generali beats 2018 targets despite 'challenging' Italian market, raises dividend

Europe’s third-largest insurer said it would pay a dividend of 0.90 euros per share, up from the previous year’s 0.85 euros.

When it came to a potential European slowdown in 2019, however, Donnet said Generali was not concerned. He explained that people sought out the solutions Generali provided whether the economy was booming or lagging.

“Our business is very resilient, because when people do invest and the economy is growing, the property and casualty business is growing,” he said. “But when people do not invest because the economy is not growing, the life insurance business and asset management is growing.”

However he noted heavy competition in its domestic market, especially with motor insurance, adding that it was “challenging.”

“In Italy and France, by the way, we had to face very important claims … which obviously had a significant impact on the operating result,” he added.

Donnet also claimed that Generali’s 59 billion euros in Italian BTPs was not a concern to investors.

“(Investors) do not struggle any more on this — we have demonstrated that we have a strong capital position. We have further increased our solvency ratio by 9 percentage points, so our exposure to BTPs is no longer an issue,” he told CNBC.

Generali has reserved up to 4 billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia.

Clarification: This story has been updated to reflect that Donnet claimed that Generali’s 59 billion euros in Italian BTPs was not a concern to investors. The headline has also been changed on this story to more accurately reflect Generali’s earnings release.


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: reuters with cnbccom, pier marco tacca, getty images
Keywords: news, cnbc, companies, management, euros, despite, 2018, generalis, growing, targets, dividend, billion, market, business, beats, reflect, raises, generali, challenging, btps, economy, italian


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Tim Armstrong would support Howard Schultz or Mike Bloomberg in 2020

Tim Armstrong — whose tech career included chief roles at Google, AOL and Verizon — told CNBC on Thursday he thinks of Howard Schultz as a mentor and would support the former Starbucks CEO if Schultz were to run for president as a centrist independent in 2020. “Howard Schultz has been one of my mentors. I really have a tremendous amount of respect for what he’s done at Starbucks,” said Armstrong, who was one of Google’s longest-serving executives before he left for AOL. “Howard is somebody who’s


Tim Armstrong — whose tech career included chief roles at Google, AOL and Verizon — told CNBC on Thursday he thinks of Howard Schultz as a mentor and would support the former Starbucks CEO if Schultz were to run for president as a centrist independent in 2020. “Howard Schultz has been one of my mentors. I really have a tremendous amount of respect for what he’s done at Starbucks,” said Armstrong, who was one of Google’s longest-serving executives before he left for AOL. “Howard is somebody who’s
Tim Armstrong would support Howard Schultz or Mike Bloomberg in 2020 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: matthew j belvedere, cameron costa, pier marco tacca, getty images
Keywords: news, cnbc, companies, schultz, support, mike, told, aol, president, armstrong, starbucks, hes, whos, bloomberg, 2020, lot, howard, tim


Tim Armstrong would support Howard Schultz or Mike Bloomberg in 2020

Tim Armstrong — whose tech career included chief roles at Google, AOL and Verizon — told CNBC on Thursday he thinks of Howard Schultz as a mentor and would support the former Starbucks CEO if Schultz were to run for president as a centrist independent in 2020.

“Howard Schultz has been one of my mentors. He’s spent a lot of time with me. I really have a tremendous amount of respect for what he’s done at Starbucks,” said Armstrong, who was one of Google’s longest-serving executives before he left for AOL. “Howard is somebody who’s done a lot for this country and a lot for the economy.”

Late last month, the billionaire Schultz told CBS’ “60 Minutes” that he’s considering running for president “outside of the two-party system.”


Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: matthew j belvedere, cameron costa, pier marco tacca, getty images
Keywords: news, cnbc, companies, schultz, support, mike, told, aol, president, armstrong, starbucks, hes, whos, bloomberg, 2020, lot, howard, tim


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Democratic donors slam Howard Schultz for flirting with an independent 2020 campaign

Former Starbucks CEO Howard Schultz might run for president — Here’s what three experts think about his chances 2 Hours Ago | 02:42Top Democratic donors in New York aren’t happy with former Starbucks chairman and CEO Howard Schultz for saying he was “seriously thinking about running for president” as a “centrist independent.” “This is a pathetic vanity project, and Howard Schultz better start laying off the espresso,” Robert Zimmerman, a leading party bundler, told CNBC on Monday. “I would not t


Former Starbucks CEO Howard Schultz might run for president — Here’s what three experts think about his chances 2 Hours Ago | 02:42Top Democratic donors in New York aren’t happy with former Starbucks chairman and CEO Howard Schultz for saying he was “seriously thinking about running for president” as a “centrist independent.” “This is a pathetic vanity project, and Howard Schultz better start laying off the espresso,” Robert Zimmerman, a leading party bundler, told CNBC on Monday. “I would not t
Democratic donors slam Howard Schultz for flirting with an independent 2020 campaign Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-28  Authors: brian schwartz, pier marco tacca, getty images
Keywords: news, cnbc, companies, donors, schultz, democratic, president, trump, flirting, howard, york, independent, starbucks, urban, run, campaign, slam, saying, 2020


Democratic donors slam Howard Schultz for flirting with an independent 2020 campaign

Former Starbucks CEO Howard Schultz might run for president — Here’s what three experts think about his chances 2 Hours Ago | 02:42

Top Democratic donors in New York aren’t happy with former Starbucks chairman and CEO Howard Schultz for saying he was “seriously thinking about running for president” as a “centrist independent.”

As Schultz prepares to hold his book tour’s first leg in New York just after he announced his presidential aspirations, Democratic financiers and strategists in the city are already criticizing his potential campaign.

“This is a pathetic vanity project, and Howard Schultz better start laying off the espresso,” Robert Zimmerman, a leading party bundler, told CNBC on Monday. “I would not take lightly the inevitable hashtags popping up saying ‘no Starbucks, no Schultz.'”

Some members of the New York donor class, including on Wall Street, are casting doubt on whether Schultz will even run. Some argue the move would cost the Democratic Party in its 2020 battle with President Donald Trump — and hurt the Starbucks brand.

The perceived potential for Schultz inadvertently helping Trump has already triggered some calls for action against the company, with social media hashtags such as “Boycott Starbucks” making the rounds on Twitter.

Nathan Lerner, co-founder of Draft Beto, a group looking to persuade former Rep. Beto O’Rourke to run for president, said in a tweet that he would be boycotting Starbucks. Lerner threatened to protest at Starbucks stores if Schultz were to run as an independent.

Orin Kramer, a New York hedge fund manager who backed Barack Obama and Hillary Clinton for president, believes that a Schultz independent candidacy will anger urban voters who dislike Trump and will lead to them walking away from buying their coffee at Starbucks.

“Wouldn’t want to own Starbucks if he did it,” Kramer said in an interview. “Starbucks is disproportionately in urban areas, and 40 percent of urban areas hate this guy [Trump]. “This guy is giving Trump a gift, and there is no contrary interpretation.”


Company: cnbc, Activity: cnbc, Date: 2019-01-28  Authors: brian schwartz, pier marco tacca, getty images
Keywords: news, cnbc, companies, donors, schultz, democratic, president, trump, flirting, howard, york, independent, starbucks, urban, run, campaign, slam, saying, 2020


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Former Starbucks CEO Howard Schultz assembles an elite PR team as he considers running for president

Former Starbucks chairman and CEO Howard Schultz is putting together an elite public relations team as prepares to release a civic-minded new book and considers running for president in 2020. In an interview with CNBC earlier this year, Schultz left the door open to a run. The two have kept in touch since Schultz left Starbucks earlier this year, people familiar with the relationship have said. “Mr. Schultz has known Mr. Schmidt for a number of years through his work at Edelman,” Schultz’s spoke


Former Starbucks chairman and CEO Howard Schultz is putting together an elite public relations team as prepares to release a civic-minded new book and considers running for president in 2020. In an interview with CNBC earlier this year, Schultz left the door open to a run. The two have kept in touch since Schultz left Starbucks earlier this year, people familiar with the relationship have said. “Mr. Schultz has known Mr. Schmidt for a number of years through his work at Edelman,” Schultz’s spoke
Former Starbucks CEO Howard Schultz assembles an elite PR team as he considers running for president Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-09  Authors: brian schwartz, pier marco tacca, getty images
Keywords: news, cnbc, companies, running, team, elite, ceo, edelman, left, considers, schmidt, political, earlier, president, howard, schultz, pr, book, work, starbucks


Former Starbucks CEO Howard Schultz assembles an elite PR team as he considers running for president

Former Starbucks chairman and CEO Howard Schultz is putting together an elite public relations team as prepares to release a civic-minded new book and considers running for president in 2020.

A key player in Schultz’s growing team is Steve Schmidt, a former vice chairman at public relations powerhouse Edelman who managed Republican Sen. John McCain’s presidential campaign in 2008.

Schultz is one of the many names widely considered as a possible candidate to take on Trump in two years. In an interview with CNBC earlier this year, Schultz left the door open to a run. With experience mainly in the business world but not the political arena, Schultz would likely need experienced political operators on his side if he were to dive into presidential politics. Schmidt fits that bill.

Schmidt got to know Schultz through Edelman’s partnership with Starbucks. The two have kept in touch since Schultz left Starbucks earlier this year, people familiar with the relationship have said. Schmidt has continued to do private consulting work for Schultz on a variety of issues, including guiding him ahead of his upcoming book tour.

“Mr. Schultz has known Mr. Schmidt for a number of years through his work at Edelman,” Schultz’s spokeswoman told CNBC. “Mr. Schultz values Steve’s insights and they have stayed in touch,” she added.

Schmidt is a political analyst for MSNBC. He is a strident critic of President Donald Trump, and he left the Republican Party earlier this year.

Schmidt did not return requests for comment.

In October, Schultz hired Cheryl Cook, a longtime executive vice president at Edelman, according to two people with direct knowledge of the matter. She will be representing Schultz up until and throughout his book tour, which is expected to start in February in New York City, these people said. Cook worked at the PR firm for more than a decade and got to know Schultz directly when Starbucks was one of her clients.


Company: cnbc, Activity: cnbc, Date: 2018-11-09  Authors: brian schwartz, pier marco tacca, getty images
Keywords: news, cnbc, companies, running, team, elite, ceo, edelman, left, considers, schmidt, political, earlier, president, howard, schultz, pr, book, work, starbucks


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We want the ‘war of words’ with the EU over Italy’s budget to end, Lega advisor says

Proposed budget is what Italy needs to cope with lack of growth, Lega advisor says 6 Hours Ago | 03:38The spending plans proposed by Italy’s coalition government might have caused a rift with Europe, but they are just what the country needs to grow, an economic advisor for the Lega party told CNBC on Tuesday. “I do hope that at the end the war of words (will end) and that good sense will prevail and everyone will notice that this kind of budget is exactly what Italy needs to cope with its chroni


Proposed budget is what Italy needs to cope with lack of growth, Lega advisor says 6 Hours Ago | 03:38The spending plans proposed by Italy’s coalition government might have caused a rift with Europe, but they are just what the country needs to grow, an economic advisor for the Lega party told CNBC on Tuesday. “I do hope that at the end the war of words (will end) and that good sense will prevail and everyone will notice that this kind of budget is exactly what Italy needs to cope with its chroni
We want the ‘war of words’ with the EU over Italy’s budget to end, Lega advisor says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-16  Authors: holly ellyatt, pier marco tacca, getty images europe
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We want the 'war of words' with the EU over Italy's budget to end, Lega advisor says

Proposed budget is what Italy needs to cope with lack of growth, Lega advisor says 6 Hours Ago | 03:38

The spending plans proposed by Italy’s coalition government might have caused a rift with Europe, but they are just what the country needs to grow, an economic advisor for the Lega party told CNBC on Tuesday.

“I do hope that at the end the war of words (will end) and that good sense will prevail and everyone will notice that this kind of budget is exactly what Italy needs to cope with its chronic lack of growth,” Lega politician and economic spokesperson Claudio Borghi told CNBC.

“The only problem is the lack of growth and this is driven by a lack of internal demand, so the only thing that we cannot do is to do something that is going to depress internal demand further.”

Borghi said that Italy needed to “start the engine” and that the country, the third largest economy in the euro zone, had been caught in a “death spiral” becuase of austerity policies that had failed in their objectives.

“It was a death spiral because people got taxed more, they spent less, companies shut down and they fired people and basically it was a doom loop. Now, we have to have the initial push to reverse this kind of spiral and I think this (the budget) is the right thing to do,” Borghi told CNBC’s Willem Marx on Tuesday.

Borghi’s comments come a day after Italy’s coalition government — made up of the right-wing Lega party and anti-establishment Five Star Movement — submitted its 2019 draft budget proposals to the European Commission which now has to accept or reject the expansionary budget.

Needless to say, Italy’s plans to increase social welfare spending, cut some taxes and lower the retirement age, as well as the proposal to introduce a universal income for the poor, are not likely to go down well in Brussels where European fiscal rules are set and promoted.

Most problematically for the European Commission is Italy’s U-turn on a previously agreed budget deficit target of 1.8 percent of gross domestic product (GDP). Now, Italy’s spending plans forecast a budget deficit of 2.4 percent in 2019.


Company: cnbc, Activity: cnbc, Date: 2018-10-16  Authors: holly ellyatt, pier marco tacca, getty images europe
Keywords: news, cnbc, companies, war, needs, advisor, spiral, eu, italy, plans, budget, lega, italys, end, lack, spending, words, told


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LA Times owner drops out of Saudi conference after journalist goes missing

Patrick Soon-Shiong, billionaire philanthropist and owner of the Los Angeles Times, is the latest luminary to drop out of speaking at an investor conference in Saudi Arabia after the disappearance of Washington Post columnist Jamal Khashoggi. “Dr. Patrick Soon-Shiong will not be attending the upcoming Future Investment Initiative event in Riyadh,” a spokesman said in a statement provided to CNBC. The New York Times said Wednesday that it dropped out of the conference. The Economist’s editor-in-c


Patrick Soon-Shiong, billionaire philanthropist and owner of the Los Angeles Times, is the latest luminary to drop out of speaking at an investor conference in Saudi Arabia after the disappearance of Washington Post columnist Jamal Khashoggi. “Dr. Patrick Soon-Shiong will not be attending the upcoming Future Investment Initiative event in Riyadh,” a spokesman said in a statement provided to CNBC. The New York Times said Wednesday that it dropped out of the conference. The Economist’s editor-in-c
LA Times owner drops out of Saudi conference after journalist goes missing Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: brian schwartz, pier marco tacca, getty images
Keywords: news, cnbc, companies, drops, investment, goes, york, missing, owner, times, journalist, media, soonshiong, la, patrick, riyadh, officials, conference, initiative, saudi


LA Times owner drops out of Saudi conference after journalist goes missing

Patrick Soon-Shiong, billionaire philanthropist and owner of the Los Angeles Times, is the latest luminary to drop out of speaking at an investor conference in Saudi Arabia after the disappearance of Washington Post columnist Jamal Khashoggi.

“Dr. Patrick Soon-Shiong will not be attending the upcoming Future Investment Initiative event in Riyadh,” a spokesman said in a statement provided to CNBC.

Soon-Shiong, who recently purchased the paper, is joining a growing list of media entities who are bowing out of attending the Future Investment Initiative in Riyadh, also known as “Davos in the desert.”

The New York Times said Wednesday that it dropped out of the conference. The Economist’s editor-in-chief, Zanny Minton Beddoes, and CNBC anchor and New York Times columnist Andrew Ross Sorkin have also said they would not be participating this year.

Other media outlets sponsoring the event include CNBC, Fox Business, Bloomberg and CNN.

The pullback by several media leaders comes amid suspicions that Khashoggi was murdered by Saudi operatives at the kingdom’s consulate in Istanbul.

The Saudi government has denied any wrongdoing. White House officials, including President Donald Trump’s son-in-law, Jared Kushner, spoke with Saudi Crown Prince Mohammed Bin Salman. Trump himself said Wednesday that he talked to Saudi officials “at the highest level.”

Khashoggi, a U.S. resident who had voluntarily exiled himself from Saudi Arabia, has been a vocal critic of the crown prince’s government.


Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: brian schwartz, pier marco tacca, getty images
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Howard Schultz could ditch both parties, US ‘ripe for an independent candidacy’: GOP strategist

That said, it is extremely hard to run as an independent and no one has ever been successful. Fagen believes Schultz may have a few things in his favor. However with somebody with that kind of brand power and name and wealth, it’s certainly possible,” she said on “Power Lunch.” “There’s a lot of things I can do as a private citizen other than run for the presidency of the United States,” Schultz said. Schultz served two stints as CEO of Starbucks and will step down as executive chairman on June


That said, it is extremely hard to run as an independent and no one has ever been successful. Fagen believes Schultz may have a few things in his favor. However with somebody with that kind of brand power and name and wealth, it’s certainly possible,” she said on “Power Lunch.” “There’s a lot of things I can do as a private citizen other than run for the presidency of the United States,” Schultz said. Schultz served two stints as CEO of Starbucks and will step down as executive chairman on June
Howard Schultz could ditch both parties, US ‘ripe for an independent candidacy’: GOP strategist Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-06-05  Authors: michelle fox, pier marco tacca, getty images
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Howard Schultz could ditch both parties, US 'ripe for an independent candidacy': GOP strategist

That said, it is extremely hard to run as an independent and no one has ever been successful. Ross Perot came the closest in 1992, garnering about 19 percent of the popular vote.

Fagen believes Schultz may have a few things in his favor.

“It is difficult to get on the ballot based on the way our state laws are designed. However with somebody with that kind of brand power and name and wealth, it’s certainly possible,” she said on “Power Lunch.”

What’s more the number of people registering as independents is on the rise and has hit a 70-year high, noted Fagen, who is a CNBC contributor.

Schultz has taken a more active role in politics in recent years. However, in an exclusive interview with CNBC earlier Tuesday, he declined to specifically talk about whether he would challenge President Donald Trump in the 2020 election.

“There’s a lot of things I can do as a private citizen other than run for the presidency of the United States,” Schultz said. “Let’s just see what happens.”

However, he still opined on a number of political issues and revisited his criticism of Trump.

“I think the issues that we are facing in terms of the dysfunction and polarization that exists within the government is really based on a systematic problem of ideology and I think we need a very different view of how the government and how the country should be run,” Schultz told CNBC.

He also took a few shots at Democrats, saying many leaders in the party were veering too far left.

Schultz served two stints as CEO of Starbucks and will step down as executive chairman on June 26. He’ll then become chairman emeritus.


Company: cnbc, Activity: cnbc, Date: 2018-06-05  Authors: michelle fox, pier marco tacca, getty images
Keywords: news, cnbc, companies, howard, run, strategist, based, power, chairman, think, ripe, schultz, number, candidacy, parties, gop, independent, ditch, issues, things


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Lega leader’s call for fresh election takes gloss off Italian recovery

A recovery in Italian stocks has been slowed by news that the leader of the right-wing Lega party has called for a new election. Matteo Salvini said Wednesday that he wanted new elections in Italy “as soon as possible.” Italian stocks had been in full recovery mode in early trading Wednesday after reports that Prime Minister-designate Carlo Cottarelli has been holding further talks with President Sergio Mattarella about a new technocratic government. Assets were also boosted by reports that the


A recovery in Italian stocks has been slowed by news that the leader of the right-wing Lega party has called for a new election. Matteo Salvini said Wednesday that he wanted new elections in Italy “as soon as possible.” Italian stocks had been in full recovery mode in early trading Wednesday after reports that Prime Minister-designate Carlo Cottarelli has been holding further talks with President Sergio Mattarella about a new technocratic government. Assets were also boosted by reports that the
Lega leader’s call for fresh election takes gloss off Italian recovery Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-05-30  Authors: david reid, pier marco tacca, getty images europe, alessandra benedetti, corbis, getty images
Keywords: news, cnbc, companies, stocks, italian, lega, leaders, weekend, gloss, holding, election, vote, recovery, mattarella, reports, talks, way, takes, fresh


Lega leader’s call for fresh election takes gloss off Italian recovery

A recovery in Italian stocks has been slowed by news that the leader of the right-wing Lega party has called for a new election.

Matteo Salvini said Wednesday that he wanted new elections in Italy “as soon as possible.”

Salvini added that holding a fresh vote in late July would be disruptive for many Italians, but he noted that “the earlier we vote, the better, because it’s the best way to get out of this quagmire and confusion.”

Italian stocks had been in full recovery mode in early trading Wednesday after reports that Prime Minister-designate Carlo Cottarelli has been holding further talks with President Sergio Mattarella about a new technocratic government.

Assets were also boosted by reports that the populist Five Star Movement (M5S) was re-igniting talks to form a coalition with Lega. The two parties failed in their first attempt at the weekend when Mattarella rejected the appointment of an 81-year-old euroskeptic as their proposed finance minister.


Company: cnbc, Activity: cnbc, Date: 2018-05-30  Authors: david reid, pier marco tacca, getty images europe, alessandra benedetti, corbis, getty images
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Italy president names ex-IMF official as interim leader with fresh elections expected

Italy’s president appointed former International Monetary Fund official Carlo Cottarelli as interim prime minister on Monday with a task to try and form a new government and bring order to political and constitutional turmoil. Cottarelli said on Monday that he will put together a government “very quickly” to accompany the country to fresh elections, to be held in the fall or early next year. “I’ll present myself to parliament with a program which — if it wins the backing of parliament — would in


Italy’s president appointed former International Monetary Fund official Carlo Cottarelli as interim prime minister on Monday with a task to try and form a new government and bring order to political and constitutional turmoil. Cottarelli said on Monday that he will put together a government “very quickly” to accompany the country to fresh elections, to be held in the fall or early next year. “I’ll present myself to parliament with a program which — if it wins the backing of parliament — would in
Italy president names ex-IMF official as interim leader with fresh elections expected Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-05-28  Authors: reuters with cnbccom, pier marco tacca, getty images
Keywords: news, cnbc, companies, names, italys, interim, minister, expected, leader, elections, eximf, held, italy, official, cottarelli, form, president, fresh, parliament, prime


Italy president names ex-IMF official as interim leader with fresh elections expected

Italy’s president appointed former International Monetary Fund official Carlo Cottarelli as interim prime minister on Monday with a task to try and form a new government and bring order to political and constitutional turmoil.

The euro zone’s third-largest economy has been seeking a new government since inconclusive March elections, with anti-establishment forces abandoning their efforts to form a ruling coalition at the weekend after a standoff with the president over their choice of economy minister.

Cottarelli said on Monday that he will put together a government “very quickly” to accompany the country to fresh elections, to be held in the fall or early next year.

“I’ll present myself to parliament with a program which — if it wins the backing of parliament — would include the approval of the 2019 budget. Then parliament would be dissolved with elections at the beginning of 2019,” Cottarelli said shortly after being named interim prime minister by Italy’s president.

“In the absence of (parliament’s) confidence, the government would resign immediately and its main function would be the management of ordinary affairs until elections are held after the month of August,” Cottarelli added.


Company: cnbc, Activity: cnbc, Date: 2018-05-28  Authors: reuters with cnbccom, pier marco tacca, getty images
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Who’s going to be the next Italian leader? Here are the main contenders

Market watchers and foreign politicians are carefully watching developments in Italy, where voters will elect a new prime minister and parliament on March 4. The outcome of the vote could spark jitters among Europe in the face of rising support for populism at a time when the Italian economy is at a critical juncture. Polls suggest that the election won’t result in a majority government and political parties will have to form an alliance in order to govern. Here are the main contenders in the It


Market watchers and foreign politicians are carefully watching developments in Italy, where voters will elect a new prime minister and parliament on March 4. The outcome of the vote could spark jitters among Europe in the face of rising support for populism at a time when the Italian economy is at a critical juncture. Polls suggest that the election won’t result in a majority government and political parties will have to form an alliance in order to govern. Here are the main contenders in the It
Who’s going to be the next Italian leader? Here are the main contenders Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-02-26  Authors: silvia amaro, alexander pohl, nurphoto, getty images, nicol campo, lightrocket, emanuele cremaschi, tiziana fabi, afp, pier marco tacca
Keywords: news, cnbc, companies, election, vote, suggest, voters, contenders, going, leader, support, spark, whos, wont, watching, italian, watchers, main


Who's going to be the next Italian leader? Here are the main contenders

Market watchers and foreign politicians are carefully watching developments in Italy, where voters will elect a new prime minister and parliament on March 4.

The outcome of the vote could spark jitters among Europe in the face of rising support for populism at a time when the Italian economy is at a critical juncture.

Polls suggest that the election won’t result in a majority government and political parties will have to form an alliance in order to govern.

Here are the main contenders in the Italian election and their coalition partners.


Company: cnbc, Activity: cnbc, Date: 2018-02-26  Authors: silvia amaro, alexander pohl, nurphoto, getty images, nicol campo, lightrocket, emanuele cremaschi, tiziana fabi, afp, pier marco tacca
Keywords: news, cnbc, companies, election, vote, suggest, voters, contenders, going, leader, support, spark, whos, wont, watching, italian, watchers, main


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