{"id":72386,"date":"2016-04-14T12:47:36","date_gmt":"2016-04-14T10:47:36","guid":{"rendered":"https:\/\/www.aspeninstitute.it\/pin\/week-march-25-31\/"},"modified":"2016-04-14T12:47:36","modified_gmt":"2016-04-14T10:47:36","slug":"week-march-25-31","status":"publish","type":"pin","link":"https:\/\/www.aspeninstitute.it\/en\/pin\/week-march-25-31\/","title":{"rendered":"The week of March 25 \u2013 31"},"content":{"rendered":"<p><strong>Economy <\/strong>\u2013 The merger process between mutual banks is underway in Italy, and the foreign press is focusing its attention on the industry. Spreading the news of the marriage between <strong>BPM and Banco Popolare<\/strong> are some of the leading international newspapers (<em>El Pais<\/em>, March 24 &#8211; <a href=\"http:\/\/economia.elpais.com\/economia\/2016\/03\/24\/actualidad\/1458810596_968383.html\" target=\"_blank\" rel=\"noopener\">Los italianos Banco Popolare y Banca Popolare di Milano acuerdan su fusi\u00f3n<\/a>), which stress how the objective is to create a \u201csolid\u201d group capable of becoming the number-three Italian bank (<em>New York Times<\/em>, March 24 &#8211; <a href=\"http:\/\/www.reuters.com\/article\/italy-banks-ma-idUSL5N16W24Z\">Banco Popolare, BPM Say Merger Creates \u201ca Solid Bank\u201d<\/a> *). The process is also seen positively by the rating agency Moody\u2019s (<em>Expansion<\/em>, March 27 &#8211; <a href=\"http:\/\/www.expansion.com\/empresas\/banca\/2016\/03\/27\/56f7b65d22601ddf3f8b45cf.html\" target=\"_blank\" rel=\"noopener\">Moody&#8217;s ve positiva la fusi\u00f3n de Banco Popolare y BPM para las entidades y el sistema bancario italiano<\/a>), while \u2013 <em>Reuters <\/em>explains \u2013 the European Central Bank also looks favourably on the other consolidation taking place, between cooperative banks (March 29 &#8211; <a href=\"http:\/\/www.reuters.com\/article\/italy-mutualbanks-ecb-idUSI6N16T00D\" target=\"_blank\" rel=\"noopener\">ECB Welcomes Italy&#8217;s Mutual Bank Reform<\/a>). The British press agency also recounts the offer by the American fund Apollo Management to buy a controlling stake in <strong>Carige<\/strong> (<em>Reuters<\/em>, March 29 &#8211; <a href=\"http:\/\/www.reuters.com\/article\/us-italy-s-carige-apollo-global-idUSKCN0WV0MQ\" target=\"_blank\" rel=\"noopener\">Apollo offers to buy majority of Italy&#8217;s Carige via 550 million euros cash call<\/a>); this news was also covered by the <em>The Wall Street Journal<\/em> (March 29 &#8211; <a href=\"http:\/\/www.wsj.com\/articles\/apollo-offers-to-buy-controlling-stake-in-italys-banca-carige-1459257880\" target=\"_blank\" rel=\"noopener\">Apollo Offers to Buy Controlling Stake in Italy\u2019s Banca Carige<\/a>*) which \u2013 again on the theme of American investment \u2013 reports on trade trip by New York governor Andrew Cuomo to Italy (March 29 &#8211; <a href=\"http:\/\/www.wsj.com\/articles\/AP48b16869b93b4af89d1d830fbc8a910f\" target=\"_blank\" rel=\"noopener\">NY Gov. Cuomo planning trade trips to China, Italy<\/a>*). The American press also shines the spotlight on <strong>Vicenzaoro, <\/strong>the important jewellery fair where, as <em>The New York Times<\/em> explains, a \u201cnew age\u201d in Italian jewellery is emerging, mixing \u201ctechnology with tradition (March 30 &#8211; <a href=\"http:\/\/www.nytimes.com\/2016\/04\/01\/fashion\/italys-goldsmiths-mix-technology-with-tradition.html?_r=0\" target=\"_blank\" rel=\"noopener\">Italy&#8217;s Goldsmiths Mix Technology With Tradition<\/a>).<\/p>\n<p><strong>Tourism and culture<\/strong>. Of the many reports, mention must be made of the long interview that <em>El Pa\u00eds<\/em> has dedicated to Nobel laureate <strong>Dario Fo<\/strong> on the occasion of his 90<sup>th<\/sup> year (March 29 &#8211; <a href=\"http:\/\/cultura.elpais.com\/cultura\/2016\/03\/21\/babelia\/1458571274_252517.html\" target=\"_blank\" rel=\"noopener\">Dario Fo: \u201cSolo me interesa dar ejemplo\u201d<\/a>) and the exhibition in Madrid of the works done within the framework of the <strong>Index Roma<\/strong> programme, which hosts, at the Spanish Academy\u2019s Roman residence, artists in search of inspiration in the streets of the Eternal City (<em>El Pa\u00eds<\/em>, March 25 &#8211; <a href=\"http:\/\/ccaa.elpais.com\/ccaa\/2016\/03\/23\/madrid\/1458758763_153155.html\" target=\"_blank\" rel=\"noopener\">Inspirados en Roma<\/a>). <em>The<\/em> <em>Washington Post <\/em>also reports on Spanish art, recounting the show dedicated to Joan Miro at <strong>Mudec <\/strong>in Milan (March 25 &#8211; <a href=\"https:\/\/www.washingtonpost.com\/entertainment\/joan-miro-exhibit-opens-in-milan-showing-technique-material\/2016\/03\/25\/2fa66d56-f2a0-11e5-a2a3-d4e9697917d1_story.html\" target=\"_blank\" rel=\"noopener\">Joan Miro exhibit opens in Milan showing technique, material<\/a>).<\/p>\n<p><em>The<\/em> <em>New York Times<\/em>, on the other hand, suggests a stay in <strong>Florence <\/strong>in a hotel with a view of Santa Maria Novella (March 25 &#8211; <a href=\"http:\/\/www.nytimes.com\/2016\/03\/27\/travel\/garibaldi-blu-hotel-florence.html\" target=\"_blank\" rel=\"noopener\">In a Florentine Palazzo, History with a Dash of Playfulness<\/a>), while <em>Bloomberg<\/em> speaks of <strong>Umbria<\/strong> where, for a little more than $8 million dollars, you can buy the town and castle of Sismano (March 29 &#8211; <a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-03-29\/castle-di-sismano-umbria-italy-listed-at-8-3-million\" target=\"_blank\" rel=\"noopener\">This $8.3 Million Italian Castle Comes With Its Own Town<\/a>). Lastly, <em>le Monde<\/em> underlines how the difficult geopolitical situation of the Arab countries is transforming Spain and Italy into refuge destinations for European vacationers (March 30 \u2013 <a href=\"http:\/\/www.lemonde.fr\/economie\/article\/2016\/03\/30\/l-espagne-et-l-italie-destinations-refuges-des-vacanciers_4892320_3234.html\" target=\"_blank\" rel=\"noopener\">L\u2019Espagne et l\u2019Italie, destinations refuges des vacanciers<\/a>*).<\/p>\n<p>&nbsp;<\/p>\n<p>*Article available for pay \/ at registration<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>Economy <\/strong>\u2013 The merger process between mutual banks is underway in Italy, and the foreign press is focusing its attention on the industry.<\/p>\n","protected":false},"author":2357,"featured_media":0,"template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"freetags":[],"tipologiapin":[2375],"tag_tecnica":[],"temi_aspen":[],"attivita_internaz_in_essere":[],"attivita_internaz_concluse":[],"studi_e_ricerche":[],"class_list":["post-72386","pin","type-pin","status-publish","hentry","tipologiapin-foreign-press-italys-success-stories"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/pin\/72386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/pin"}],"about":[{"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/types\/pin"}],"author":[{"embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/users\/2357"}],"version-history":[{"count":0,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/pin\/72386\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/media?parent=72386"}],"wp:term":[{"taxonomy":"freetags","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/freetags?post=72386"},{"taxonomy":"tipologiapin","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/tipologiapin?post=72386"},{"taxonomy":"tag_tecnica","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/tag_tecnica?post=72386"},{"taxonomy":"temi_aspen","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/temi_aspen?post=72386"},{"taxonomy":"attivita_internaz_in_essere","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/attivita_internaz_in_essere?post=72386"},{"taxonomy":"attivita_internaz_concluse","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/attivita_internaz_concluse?post=72386"},{"taxonomy":"studi_e_ricerche","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/studi_e_ricerche?post=72386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}