Turnout low as Italians vote in local elections
Turnout was low as Italians voted in local elections considered the first electoral test for Premier Mario Monti since he was named to save the country from its debt crisis. Analysts are watching for...
View ArticleMonti gets renewed support for reforms
Italian Premier Mario Monti won pledges of support on Friday from the country’s powerful business lobby and the main center-left party, restoring confidence in his mandate to reform the ailing economy...
View ArticleItaly's government agrees to save $32 billion
The Italian government has approved plans to save up to €26 billion ($32.2 billion) over the next three years. Premier Mario Monti’s Cabinet approved a decree law that includes a temporary hiring ban...
View ArticleEconomy contracts for 4th straight quarter
Italy’s recession deepened in the April-June period, when the economy shrank for the fourth quarter in a row, official government statistics showed Tuesday. The economy contracted by 0.7 percent in the...
View ArticleItaly dissolves gov't of mafia-plagued city
The Italian government has dissolved the administration of the mafia-plagued southern city of Reggio Calabria after a city counselor was arrested on mafia charges. Interior Minister Annamaria...
View ArticleMonti gov't under fire as Berlusconi pulls support
Concerns over the stability of the Italian government grew on Thursday after Silvio Berlusconi’s party withdrew its support from Premier Mario Monti, threatening to bring a premature end to the...
View ArticleMonti says he intends to quit over crisis
Italian Premier Mario Monti has told the country’s president that he intends to resign since Silvio Berlusconi withdrew his support for the year-old government of technocrats and intends to quit as...
View Article2 policemen shot in Rome as Italy gets new govt
An unemployed bricklayer shot two Italian policemen in a crowded square outside the premier’s office Sunday just as Italy’s new government was being sworn in, investigators said. The gunman’s intended...
View ArticleItalian policemen shot near new gov't swearing-in
In the very moments Italy’s new coalition government was being sworn in, ending months of political paralysis in a country hoping to revive a bleak economy, a middle-aged unemployed bricklayer opened...
View ArticleStocks outperform as new government formed
Italy’s stock market was the big gainer Monday at the start of an action-packed week in financial markets, as investors cheered the news that a new government was ready to take the helm after two...
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