Austerity package approved in Italy (CNBC) Jul 29, 2010The Italian parliament has approved a €25 billion (nearly $30 billion) austerity package aimed at cutting the country's budget deficit.... Europe freezes out Goldman Sachs (Guardian) Jul 18, 2010Shocked by past deals with Italy and Greece, governments are excluding the Wall Street bank from sovereign bond sales... Italy arrests 'top mafia boss' (BBC) Jul 13, 2010A suspected Italian mob boss is among at least 300 people arrested in connection with alleged mafia activity in Italy.... Weaker euro may 'save' monetary union, Roubini says (Hurriyet Daily News) Jun 06, 2010The gradual weakening of the euro toward parity with the dollar over the next year may save the monetary union by helping countries such as Greece, Italy and Spain regain competitiveness, said Nouriel Roubini,... Italy to slash deficit to avoid Greece's fate (Guardian) May 25, 2010Silvio Berlusconi's cabinet is due to meet tonight to approve an ambitious package of deficit-cutting measures which, his closest aide said, was designed to save Italy going the same way as Greece.... Italy's Berlusconi rules out early elections (Globe and Mail) May 21, 2010Italian Prime Minister Silvio Berlusconi ruled out on Friday the possibility of early elections, dismissing a row with his main conservative ally and a corruption scandal that has tainted his cabinet.... Italy faces Greek-scale risk from derivs-prosecutor (Reuters) May 19, 2010Italy faces greater risks from billions of euros in soured derivatives deals than Greece does with its own economy, a prosecutor said on Wednesday as the closely watched trial of four foreign banks restarted.... Show me the way to Greece (Khaleej Times) May 02, 2010Worries about a bond market crash in Greece, Portugal, Spain and Italy are now worrying enough to catch the attention of normally self-absorbed American investors.... |