Italy in political turmoil as Berlusconi party implodes
Italy was in political turmoil on Friday after Prime Minister Silvio Berlusconi dramatically split with his one-time most powerful center-right ally, putting the country at risk of early elections.
Italy speaker refuses to resign, deepens crisis
The influential speaker of Italy's lower house refused to step down on Friday after being censured by his own party, and said his supporters could vote against the government of former ally Prime Minister Silvio Berlusconi.
Italy Approves 25 Billion Euro Austerity Plan
Italy Approves 25 Billion Euro Austerity Plan
Italy's Enel Is Said to Pick Mediobanca, Goldman Sachs for Green Power IPO
Enel SpA , Italys biggest utility, plans to hire Mediobanca SpA, Goldman Sachs Group Inc. and Credit Suisse Group AG to manage the initial public offering of its Green Power unit, said two people familiar with the sale.
Italy faces election amid political turmoil
Italy is in political turmoil after Prime Minister Silvio Berlusconi dramatically split with his one-time most powerful centre-right ally.
Italy's CPI Inflation Accelerates In July
Italy's consumer price inflation accelerated more than expected in July, after slowing slightly in June, preliminary figures released by statistical office Istat showed Friday.
Italy's Jobless Rate Drops Unexpectedly In June
Italy's jobless rate unexpectedly eased in June after stabilizing in May and April, data released by statistical office Istat showed Friday.
Italy's Producer Price Inflation Eases In June
Italy's total producer price index, or PPI, rose 3.4% in June after rising 3.7% in May, statistical office Istat said Friday. Economists had forecast 3.6% rise. Producer prices have been rising since February.
Italy Approves Budget Adjustment Designed to Lower Deficit by $33 Billion
Italys Chamber of Deputies voted to give final approval to a two-year budget adjustment aimed at cutting the deficit by 25 billion euros ($32.7 billion).
Italy EDC reviews progress
ITALY The Italy Economic Development Corporation heard some good news Monday evening at its monthly meeting.