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.
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.
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.
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.
* Banks told to better assess value of real estate assets
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…
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.
LONDON (Reuters) – Italy’s inconclusive election result sparked a selloff on world equity markets on Tuesday and sent safe-haven German bond yields sharply lower as investors feared a resurgence of the euro zone debt crisis.
(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…
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…