Italy's antitrust authority cannot
clear Intesa Sanpaolo's offer for rival UBI
for now because of uncertainties over a planned asset sale aimed
at solving competition issues, a document showed on Tuesday.
Portugal's Finance Minister Mario
Centeno, credited with reversing long-standing austerity
policies while also achieving the country's first budget surplus
in 45 years, will resign on June 15, it was announced on
The United Kingdom told the
European Union on Tuesday to speed up negotiations on a Brexit
free trade deal, cautioning that there was no point in having an
11th-hour agreement that would cause havoc for businesses and
Poland's state fund said big
companies could from Tuesday apply for financial aid to help
them cope with the coronavirus crisis, after the European Union
approved a 25 billion zloty ($6.4 billion) package of support.
Italy's antitrust authority said
uncertainties over a planned asset sale agreed by Intesa
Sanpaolo in order to solve competition issues in
relation to its bid for rival UBI Banca make it
impossible to clear the deal at present.