Permanent TSB is among the banks that have grouped together to plan an app to counter the threat posed by the likes of Revolut and N26. Photograph: Alan Betson / The Irish Times

The group of Irish banks seeking to set up an instantaneous money-transfer mobile app to take on the likes of Revolut and N26 have selected Italian(...)

Italian prime minister Enrico Letta:  says that half of the amount raised from the state sales will  be used to reduce Italy’s debt in 2014,

Italy will sell stakes in public entities including oil and gas company Eni to raise up to €12 billion next year and help cut public debt, prime minis(...)