Italy is making headlines in the past few weeks after the Greek crisis settled down at least temporarily. Part of the PIIGS list of countries, Italy has the second highest debt load at 119 % of the GDP while Greece leads the Euro zone at 142% of GDP. The population of Italy is about 61 …
Italian bank stocks fell heavily on Friday.Trading in some banks was suspended due to high volatility in the Milan Stock Exchange. From Italian Banks Sidestep Debt Crisis, Not Vice Versa in The Wall Street Journal: MILAN—With virtually no exposure to Greece and other peripheral euro-zone countries, Italian banks have seemed relatively immune to Europe’s debt …
Continue reading ‘Intesa Sanpaolo: An Italian Bank Worth a Look’ »
The 10 most profitable publicly-listed Italian companies that appear in the Forbes Global 2000 list for 2010 are listed below: [TABLE=573] Related ETF: iShares MSCI Italy Fund (EWI)
US-based investors looking to invest in Italian companies can take the ETF route as only a few companies from there are listed as ADRs. Two ETFs that are focussed on Italy are available. One is the iShares MSCI Italy Index Fund (EWI) and the other is the NETSâ„¢ S&P;/MIB Index Fund Italy (ITL).No closed-end funds …