March 5, 2023

By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – The board of Italian state investor CDP is due to meet later on Sunday to approve a multi-billion euro non-binding offer for the fixed network of former phone monopoly Telecom Italia, three people with knowledge of the matter said. CDP has teamed up with Australian infrastructure…

FRANKFURT (Reuters) – Underlying inflation in the euro zone will stay high in the near term so a 50 basis point European Central Bank interest rate increase later this month is increasingly certain, ECB President Christine Lagarde told Spanish media group Vocento. The ECB has already raised rates by 3 percentage points since July and…