"*ITALY PLANS STATE-BACKED TELECOM ITALIA DEAL TO HALT CVC, ILIAD" -BBG
"*POSTE ROLE IN TEL ITALIA DEAL EXPECTED TO BE ANNOUNCED SATURDAY" -BBG
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The government of the Netherlands said in a statement it has enacted new export controls on equipment used in the measuring and inspection of advanced semiconductors. The controls appear to apply to metrology and inspection systems manufactured by Dutch firm ASML - a crucial component in the supply chain of high-end chips.
Spanish December inflation confirmed flash estimates at 2.8% Y/Y, up from 2.4% in November. All major sub-components other than processed foods accelerated on an annual basis, with core (ex-energy/unprocessed food) inflation ticking up to 2.6% Y/Y (vs 2.5% prior).