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Italy - Factors to watch on Jan. 3

Published 03/01/2017, 04:00 pm
© Reuters.  Italy - Factors to watch on Jan. 3
STLAM
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UBI
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The following factors could affect Italian markets on Tuesday.

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 .

POLITICS

Italy's anti-establishment 5-Star Movement said on Monday it would not automatically require its politicians to step down if they come under legal investigation, prompting critics to accuse it of hypocrisy. posted a state sector budget surplus of 8.9 billion euros in December, 5.3 billion euros higher than the surplus posted in Dec. 2015, the Treasury said on Monday. After Hours market closed.

FIAT CHRYSLER AUTOMOBILES FCHA.MI

The carmaker's sales in Italy rose 14.1 percent in December, while industry-wide deliveries in the same month increased 13.06 percent to 124,438 vehicles, the transport ministry said. all of 2016, FCA's sales in Italy were up 18.4 percent, above a 15.8 percent rise for the industry.

UBI UBI.MI

The sale of three small Italian banks, rescued in 2015, to bigger rival UBI has been delayed by at least a week at the request of the European Commission, three sources close to the matter said.

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