MILANO – Week full of appointments from a macroeconomic point of view, which, as far as Italy is concerned, will culminate with the Moody’s verdict on our country’s credit rating. The agency’s judgment will arrive late Friday evening and is eagerly awaited because the current score is on the first step of investment grade, so it is very important that the rating is confirmed. Always on the last day of the week, the appointment that sees the president of Fed, Jerome Powelland the former head of the US central bank, Ben Bernanke, speak at a panel on monetary policy. The same day will arrive Economic Bulletin of the ECB. Also on Friday the works of the G7which will continue throughout the weekend, but Monday will be the turn of economic forecasts of the EU Commission.
On the internal front, this will also be the week of Ita. We continue to work on the last technical details to get to the closing of the negotiation between Lufthansa and the Mef for the sale of 40% of the shares of Ita. Last Friday the deadline for the extension to the exclusive dialogue expired; the communication on the outcome of the negotiation, barring surprises, is expected for the beginning of the week. On Tuesday, the Savings Hall in Milanan appointment with mutual fund managers to understand the future of the markets.
Here are the main events, reported bybreaking latest news
Monday
Companies: presentation of the study Confesercenti-Ipsos “Commerce today and tomorrow”. The Minister of Enterprise and Made in Italy, Adolfo Urso, will participate.
Asvis: Festival of sustainable development. Participants include, among others, the Executive Vice-President of the European Commission, Frans Timmermans; the European Commissioner for Energy, Kadri Simson; the Minister of the Environment and Energy Security, Gilberto Pichetto Fratin; the Minister of Foreign Affairs, Antonio Tajani.
Eurogroup: meeting in Brussels.
EU: economic forecasts.
ECB: anticipation of the Economic Bulletin on the impact of Brexit on trade and the labor market in Great Britain.
Tuesday
Istat: inflation in April
Forum Pa: inaugural day. Participating, among others, the Minister of Public Administration, Paolo Zangrillo, and CEO of Enel, Flavio Cattaneo.
Salone Risparmio: the thirteenth edition is underway. Participating, among others, the Minister of Economy, Giancarlo Giorgetti.
Cna: presentation of the 2023 Export Observatory with the Minister of Foreign Affairs, Antonio Tajani.
Ecofin: meeting in Brussels.
ECB: anticipation of the Economic Bulletin on the impact of rising inflation on households.
ECB: the president Christine Lagarde intervenes at the awarding of the award of the North Rhine Westphalia state to the former German chancellor, Angela Merkel.
Germania: Zew index on trust in May.
Eurozone: Pil I quarter.
Eurozone: trade balance in March.
Usa: retail sales and industrial production in April
Wednesday
Eni: hearing of CEO Claudio Descalzi to the Foreign Affairs Committee of the Chamber in the context of the discussion of the resolution on the possible initiatives and intlocutions of the Italian government towards the countries adhering to the Eastmed project.
Abi: executive committee. The Minister of Foreign Affairs, Antonio Tajani, participates.
Forum Pa: taking part, among others, the Minister of Enterprise and Made in Italy, Adolfo Urso, and that of the Environment and Energy Safety, Gilberto Pichetto Fratin.
Mediobanca: presentation of the book by Giorgio La Malfa and Taddeo Molino Lova “Mediobanca and the Montecatini-Edison shareholders’ agreement”. Participating, among others, the Minister of Economy, Giancarlo Giorgetti.
Eurozone: inflation in April
Thursday
Risparmio: Step Italy conference. Participating, among others, the Deputy Minister of Economy, Maurizio Leo; the General of the Army Corps of the Financial Police, Michele Carbone; the director of the Revenue Agency, Ernesto Maria Ruffini.
Energy: Ey energy summit 2023. Participating, among others, the Minister of the Environment and Energy Security, Gilberto Pichetto Fratin.
– Cdp: presentation “Plans and strategies in the real estate sector”
INPS: Precarious Observatory in February
– Japan: trade balance in April.
– Usa: Philadelphia Fed manufacturing index and new weekly jobless claims in May.
Usa: superindice in April
Friday
Moody’s: awaiting the judgment on the rating of the Italian Republic
Noon: the second edition of the “Verso Sud” international forum organized by The European House-Ambrosetti is underway in Sorrento. Ministers Raffale Fitto, Nello Musumeci, Gilberto Pichetto Fratin and Antonio Tajani are taking part, among others.
– Bce: Economic Bulletin
– Fed: panel on monetary policy with President Jerome Powell and former President Ben Bernanke.
– ECB: Pre-recorded video of President Christine Lagarde at a seminar organized by the Banco Central do Brasil
– Germania: producer prices in April