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Italy to pay 40 billion euros of state debt to companies
ROME (Reuters) – Italy’s caretaker government said on Saturday it would pay 40 billion euros ($ 52 billion) that the state owes to private companies over the next 12 months, while vowing to stick within the European Union’s deficit limit.
Italy to pay 40 billion euros of state debt to companies
ROME (Reuters) – Italy’s caretaker cabinet said on Saturday it would pay 40 billion euros ($ 52 billion) of the state’s debts to private companies over the next 12 months, while vowing to stick within the European Union’s deficit limit.
No end to Italy deadlock as president meets parties
ROME (Reuters) – Italy’s political parties remained far apart on Friday as President Giorgio Napolitano searched for a way out of the month-long stalemate since deadlocked elections left no group able to form a government alone.
Attempt to end Italy crisis fails, president mulls next move
ROME (Reuters) – Center-left leader Pier Luigi Bersani has failed in his attempt to find a way out of Italy’s intractable political crisis and President Giorgio Napolitano will now try to find another solution, the president’s palace said on Thursday.
Bank of Italy tells banks to up bad debt coverage after audit-sources
* Banks told to better assess value of real estate assets
Posted in News
Tagged after, auditsources, bank, banks, Coverage, debt, Italy, tells
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Britain’s FTSE edges higher as Italy doubts dampen volumes
LONDON, Feb 27 (Reuters) – Britain’s top share index edged higher on Wednesday, with some investors using the previous day’s steep fall to enter the market at cheaper levels, reassured by prospects…
Shares, euro rebound, Italy bond sale in focus
LONDON (Reuters) – Reassurance from the U.S. Federal Reserve about its stimulus program helped stabilize the euro and European shares on Wednesday, as Italy prepared to test the reaction to its inconclusive election in the bond market.
Euro zone fears hit Australian shares as Italy heads for deadlock
(Adds details, comments, stocks on the move) SYDNEY, Feb 26 (Reuters) – Australian shares lost 0.8 percent on Tuesday after Wall Street suffered its biggest fall since November over worries of…
UPDATE 4-Monte Paschi’s former finance chief held in Italy
SIENA, Italy/MILAN, Feb 14 (Reuters) – Italian police arrested on Thursday the former head of Monte dei Paschi’s finance department, who is at the centre of an inquiry into alleged fraud and…