It’s all about the tie
A New start for Eni: the 2016-2019 strategic plan
A couple of years ago, investors would have paid a fortune to possess a crystal ball and use it to forecast ECB’s decisions. Today, all they need is Mario Draghi’s tie. In fact, some people seem to play a weird game – by the name of “tie guesses” – that consists in guessing the colour of […]
Italian Banks face a new perspective: the Bad Bank model
On Friday 19/03, Eni S.p.A., the Italian Oil &Gas largest company by market value, announced in London its new 2016-2019 strategic plan whose main declared aim is to adjust the company business model in order to offset the impact of the dramatic plunge in oil prices. Indeed, the whole Oil & Gas industry has been suffering significantly […]
Brexit: to be or not to be together?
In late January, after an intense phase of negotiations with the European Commission, Italy reached an agreement in order to create the Bad Bank. In compliance with the EU regulation against state aids, the Bad Bank scheme will not be a bailout. Technically, it will consist in offloading the Italian banks’ NPL portfolios by […]
Few weeks ago, after a protracted period of renegotiation of UK’ s status as European member, the Prime Minister David Cameron has announced that the country is set to have a referendum on June 23rd. He said “We are approaching one of the biggest decisions this country will face in our lifetimes: whether to remain […]