European stock markets positive, Bpm and Unicredit run after rumours of EU intervention

Milan closed at +0.67%, slowing down a bit compared to mid-session; slightly more contained increases, around 0.5%, for Paris, London and Frankfurt.

At Piazza Affari, Banco Bpm is running in the main list, gaining 3.6% after the spread of rumors according to which the European Commission is preparing to communicate to Italy its doubts about the use of the golden power to limit the acquisition attempt by Unicredit. A step that could, on paper, lead to the opening of an inflation procedure for violation of European rules, but not with certainty and in any case not in the short term. And that could perhaps also reopen a financial game that seemed closed, after the skepticism about the continuation of the offer in progress expressed by the CEO of Unicredit Orcel precisely because of the conditions imposed by the government.

Overseas, Wall Street remains calm and contrasting, nervously awaiting possible further developments on the tariff front. The euro-dollar exchange rate is also stable, just above 1.17, on the day of the announcement of Bulgaria's entry into the single European currency from 2026.