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IMF urges labour reform as cuts Italy growth forecast
Milan (AFP) - Italy's government must overhaul its labour market to kick-start its economy, which is set to shrink for the third year running in 2014, the International Monetary Fund said on Thursday.
Thu, 18 Sep 2014 14:38:58 -0700

IMF cuts Italy growth outlook, hikes deficit, debt
* IMF sees Italy GDP at -0.1 pct in 2014, +1.1 pct in 2015 ROME, Sept 18 (Reuters) - Italy's economy will shrink in 2014 for a third year running, while the public debt will continue to rise, the International Monetary Fund said on Thursday, calling on Matteo Renzi's government to follow through on promised reforms. The IMF, whose forecasts on Italy have been consistently too optimistic in ...
Thu, 18 Sep 2014 08:05:50 -0700

Italy may further lower 2014 gross debt issuance goal
* Full-year issuance target cut to around 460 bln euros * Italy to launch BTP Italia retail linker in week of Oct 20 (Adds comments) MILAN, Sept 18 (Reuters) - Italy may further lower its gross issuance target for the year after already cutting it by some 10 billion euros to around 460 billion euros, the head of the country's debt management office said on Thursday. Maria Cannata said Italy had ...
Thu, 18 Sep 2014 04:47:10 -0700

Italy's Northern League founder Bossi saddened by Scottish vote
By James Mackenzie ROME (Reuters) - The founder of Italy's pro-devolution, anti-immigrant Northern League expressed bitter disappointment at the result of the Scottish independence referendum and said voters had been intimidated by the media. Umberto Bossi, who created the movement for autonomy for Italy's rich northern regions in the 1980s and was a longstanding ally of former Prime Minister ...
Fri, 19 Sep 2014 10:59:57 -0700

Sophia Loren, Italy's national icon, turns 80 with book of memoirs
By Philip Pullella ROME (Reuters) - Sophia Loren, Italy's national cinema icon and eternal diva, turns 80 this week and is marking the milestone with a book of memoirs revealing details of her rags-to-riches life. For the 300-page "Yesterday, Today and Tomorrow - My Life," Loren went into what she called her "trunk of memories" to fish out old pictures, letters and notes from the likes of Cary ...
Thu, 18 Sep 2014 03:26:33 -0700

Italy's Renzi pushing labour reform, but scepticism growing
* Renzi defends reform programme in parliament * Italy doubts about promised reforms are rising * Italy economy may contract this year - economy minister (Adds Padoan comment on growth) ROME, Sept 16 (Reuters) - Prime Minister Matteo Renzi said on Tuesday he would force through changes to Italy's labour laws with special emergency measures if parliament dragged its feet, and rejected criticism ...
Tue, 16 Sep 2014 11:43:41 -0700

Italy employers slash GDP forecasts, hike deficit, debt
Italy's economy will shrink in 2014 for a third year running, while the public debt will continue to rise, employers' association Confindustria said on Tuesday. Gross domestic product will fall this year by 0.4 percent following declines of 1.9 percent in 2013 and 2.4 percent in 2012, Confindustria said, slashing its previous forecast for growth of 0.2 percent, made in June. Italy's public debt ...
Tue, 16 Sep 2014 04:17:30 -0700

Banks in Italy and Spain Take at Least 40% of ECB Loans
Banks in Italy and Spain were among the leading borrowers in the European Central Bank’s first targeted-loan program, taking at least 40 percent of the 82.6 billion euros ($106.5 billion) to trim funding costs.
Thu, 18 Sep 2014 06:54:22 -0700

Italy celebrates 80 years of national treasure Sophia Loren
Milan (AFP) - Sophia Loren turned 80 on Saturday -- a landmark birthday feted across Italy with celebrations of the beauty and talent of the country's revered cinema icon.
Fri, 19 Sep 2014 18:57:57 -0700

Italy PM Renzi begins parliament drive for labour reform
Prime Minister Matteo Renzi's promised overhaul of Italian labour law began to take shape on Wednesday with proposals for more flexible job protection rules to encourage companies to take on more workers. Renzi, who took office in February, has come under growing pressure from Italy's European Union partners to show concrete progress with his ambitious reform agenda after perceptions that his ...
Wed, 17 Sep 2014 07:01:11 -0700

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