Monte dei Paschi di Siena, which says it is the oldest bank in the world, has bought Antonveneta which in the last few years has been owned both by Algemene Bank Nederland and by Banco Santander. MPS seems to have paid far too much and has been put on 'credit watch' by several ratings agencies.
The toll of injuries among policemen rose to 40 by Monday morning from a night of street violence around the city's Olympic Stadium in the wake of the fatal police shooting of a Lazio fan on Sunday morning. The policeman who shot the fan said his gun went off by accident and is now facing murder charges.
The new Fiat 500 has been named car of the year. By my calculations this is the twelfth time the FIAT Group have won it. The first FIAT Cinquecento was built before the competition started.
A Gay art show has been put on in Florence after the Milan authorities refused it permission. I am told that many people in Italy do not believe there are any gays in the country at all so it will be fairly deserted.
Italy's tireless efforts to obtain a UN resolution against capital punishment have taken a step further after a successful committee vote. It will now be put to the General Assembly.
The lack of rainfall and high temperatures has resulted in early harvests for both grapes and olives with overall production for olive oil and wine down 10% or more over last year. Round here I can tell you it is more like 50%
Florentine Carlo Ferrini is the Oenologist of the Year according to the 2007 Wine Star Awards given by Wine Enthusiast magazine, foolishly ignoring the claims of some smaller Umbrian winemakers.
An Italian unmanned aircraft has set a European endurance record flying for eight consecutive hours with a full load. Built by Alenia Aeronautica, the Sky-Y aircraft set the record at the end of a one-month test campaign in Sweden. The Alitalia entry has yet to arrive at the testing ground but is expected soon.
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