Italy - Factors to watch on April 13

Ferrari NV

13/04/2026 05:00

The following factors could affect Italian markets on Monday.

Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).

For a complete list of diary events in Italy please click on IT/DIA.

ECONOMY

Italian Economy Minister Giancarlo Giorgetti said in an interview on state television on Saturday that a recession is likely unless energy prices come down quickly.

(*) DEBT

Italy's economic vulnerabilities are being laid bare by war in the Middle East, with Rome's heavy reliance on imported energy and the threat of rising government and fiscal instability ahead of 2027 elections taking the shine off its bonds.

ENERGY

Claudio Descalzi, the CEO of Italian energy group Eni ENI.MI said on Sunday that the EU should reconsider its plans to progressively ban imports of Russian gas from the start of 2027.

In an address to an event organised by the co-ruling League party, Descalzi was quoted by Italian news agencies as saying it was unclear how the bloc could replace the gas from Russia, which provides vital flexibility to the output of power stations.

Descalzi said that in terms of the disruption of energy supplies, the conflict in Iran is "the most important event of the last 40 years."

COMPANIES

UNICREDIT CRDI.MI

The Italian bank has no plans to liquidate its Russian business or return its banking licence held by its local subsidiary, which the Italian lender has held onto during the Ukraine conflict, a spokesperson said on Friday.

PIRELLI PIRC.MI

Italy has imposed several curbs on China's Sinochem to try to resolve a governance spat in Pirelli, the tyre maker said on Saturday, confirming an earlier Reuters report.

The curbs will remain in force as long as Sinochem retains a stake in Pirelli above 9.99%, the company said in a statement, in a sign that Rome wants Sinochem to cut its 34% shareholding.

BANCO BPM BAMI.MI

The northern Italian bank is potentially interested in buying the Banca del Mezzogiorno in a move that would strengthen its presence in southern regions, daily Corriere della Sera wrote on Sunday, citing unnamed sources.

TELECOM ITALIA (TIM) TLIT.MI

The European Union approved the sale of Telecom Italia's submarine cable business Sparkle to a consortium led by the Italian Treasury, according to a European competition authority document released on Friday.

The 700-million-euro deal still requires clearance from the U.S. antitrust body.

POSTE ITALIANE PST.MI, TELECOM ITALIA TLIT.MI

State-backed Poste Italiane said on Friday it had submitted to market regulator Consob the document for its 10.8 billion euro cash-and-share offer for Telecom Italia.

(*) The offer for the former monopoly "is fair" and the plan is to start paying a dividend, "something TIM shareholders have not received for five years", Poste Italiane CEO Matteo Del Fante said in an interview with daily Financial Times published on Monday.

TERNA TRN.MI

Italian police are investigating damage to a transmission pylon that temporarily disrupted operations of the Transalpine Pipeline in March, the grid operator Terna and TAL said on Saturday, following media reports of possible sabotage.

FERRARI RACE.MI

The Italian luxury sports car maker said on Friday it had completed the first tranche of its 3.5 billion euros share buyback and would launch the second tranche of up to 250 million euros starting on April 13.

(*) D'AMICO INTERNATIONAL SHIPPING B7C.MI

The Italian marine transport company has no ships stranded in the Persian Gulf, its CEO Cesare d'Amico told la Repubblica's weekly publication Arrari&Finanza on Monday.

FERRETTI YACHT.MI

Kkcg Maritime ends partial takeover offer on Ferretti shares.

JUVENTUS JUVE.MI

The Turin-based club won 1-0 away to Atalanta on Saturday to keep alive its hopes of a Champions League spot next season.

DIARY

Pope Leo starts his visit to Africa; ends on April 23.

Rome, Made in Italy Circular and Sustainable (MICS) conference with messages from University and Research Minister Anna Maria Bernini, Industry Minister Adolfo Urso, EU Commission Executive Vice President Raffaele Fitto, Environment and Energy Security Minister Gilberto Pichetto Fratin.

((Milan newsroom, e-mail: reutersitaly@thomsonreuters.com))

For Italian market data and news, click on codes in
brackets:

20 biggest gainers (in percentage).............PG.MI

20 biggest losers (in percentage)..............PL.MI

FTSE IT allshare index .FTITLMS

FTSE Mib index........ .FTMIB

FTSE Allstars index... .FTSTAR

FTSE Mid Cap index.... .FTITMC

Block trades.......... .BLK.MI

Stories on Italy...... IT-LEN

For pan-European market data and news, click on codes in
 brackets:

  European Equities speed guide...................EUR/EQUITY

  FTSEurofirst 300 index...............................FTEU3

  DJ STOXX index.......................................STOXX

  Top 10 STOXX sectors............................PGL.STOXXS

  Top 10 EUROSTOXX sectors.......................PGL.STOXXES

  Top 10 Eurofirst 300 sectors....................PGL.FTEU3S

  Top 25 European pct gainers........................PG.PEUR

  Top 25 European pct losers.........................PL.PEUR

  Main stock markets:

  Dow Jones................DJI  Wall Street report ......N

  Nikkei 225..............N225  Tokyo report.............T

  FTSE 100................FTSE  London report............L

  Xetra DAX..............GDAXI  Frankfurt market stories.F

  CAC-40..................FCHI  Paris market stories....PA

  World Indices.....................................0#.INDEX

  Reuters survey of world bourse outlook.........EQUITYPOLL1

  Western European IPO diary..........................WEUIPO

  European Asset Allocation........................EUR/ASSET

  Reuters News at a Glance: Equities...............TOP/EQE

  Main currency report:...............................FRX/