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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...

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Monti 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...

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Italy'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...

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Economy 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...

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Italy 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...

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Monti 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...

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Monti 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...

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2 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...

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Italian 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...

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Stocks 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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