Latest news with #AlessandraMigliaccio
Bloomberg
05-06-2025
- Business
- Bloomberg
ECB Officials Expect July Pause With Some Seeing 2% as End Point
By , Alexander Weber, and Alessandra Migliaccio Save European Central Bank officials envisage a pause in their interest rate-cutting campaign when they next set policy in July, according to people familiar with the matter. Given the uncertainty surrounding US President Donald Trump's tariffs, a timeout following eight reductions in borrowing costs is currently seen as the most likely scenario, the people said, declining to be identified discussing confidential talks.
Bloomberg
12-05-2025
- Business
- Bloomberg
Market Doubts on Dollar Are Chance for EU, ESM Chief Says
By , Jorge Valero, Alessandra Migliaccio, and Daniel Basteiro Save Subscribe to Economics Daily for the latest news and analysis. A top European Union policymaker said the region should take advantage of investor doubts in the dollar and US Treasuries.
Bloomberg
18-04-2025
- Business
- Bloomberg
Italy Clears UniCredit Takeover Bid on Banco BPM With Conditions
By , Alessandra Migliaccio, and Alberto Brambilla Save The Italian government will allow UniCredit SpA 's takeover bid for Banco BPM SpA to go ahead with some conditions, people familiar with the matter said. Following an in-depth review, Prime Minister Giorgia Meloni's cabinet decided Friday not to use its veto powers on the €13 billion ($14.8 billion) acquisition provided UniCredit complies with specific prescriptions, the people said without disclosing additional details.
Bloomberg
14-04-2025
- Business
- Bloomberg
The EU Strives for Unified Front on Trump's Tariffs
At a weekend meeting in Warsaw, the bloc's finance bosses stayed on message in public, but in private the unity began to fray. As the consternation and confusion over Trump's tariffs continues, Europe is struggling to put up a unified front. Economics reporter Alessandra Migliaccio, who attended the monthly meeting of EU finance ministers this weekend, explains. Plus, a test drive in the all-electric Cadillac Escalade. If this email was forwarded to you, click here to sign up. At the monthly conclave of European Union finance ministers in Warsaw over the weekend, the whole unity thing started to wear a bit thin. As ministers and policymakers mingled, strategized and occasionally paused for plates of roast duck, pickles and smoked ham, their public proclamations all stressed the importance of speaking with a single voice when dealing with Donald Trump's Washington. 'To get a balanced agreement, the unity of Europeans as shown by today's meetings is absolutely essential,' French Finance Minister Eric Lombard told reporters on Friday.
Bloomberg
05-03-2025
- Business
- Bloomberg
Italy Is Getting Cold Feet Over Deal to Use Musk's Starlink
By , Alessandra Migliaccio, and Donato Paolo Mancini Save The Italian government is having growing doubts about closing a €1.5 billion ($1.6 billion) deal with Elon Musk's Starlink in light of the US pullback from commitments to European security, people familiar with the matter said. Possible alternatives to Starlink for secure satellite-based communications to the government include Eutelsat Communications SA, according to the people, who asked not to be identified because the talks are confidential. Musk, a close ally of US President Donald Trump, is also seen as an unreliable partner by some in Meloni's administration, they said.
