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A Trial Opens Old Mafia Wounds in Italy
In a move unusual for a politician of his stature, Italy's 89-year-old president Giorgio Napolitano testified in Rome Tuesday at an anti-mafia trial in which several government ministers and organized crime leaders are accused of holding secret talks during a period of intense violence in the 1990s.
Tue, 28 Oct 2014 10:57:29 -0700

Italy sends S&P, Fitch officials to trial over 2011, 2012 cuts
MILAN/TRANI Italy (Reuters) - An Italian court indicted officials from ratings agencies Standard & Poor's and Fitch on Tuesday over accusations of market manipulation related to cuts to Italy's sovereign debt ratings during the euro zone debt crisis in 2011 and 2012. A court in the small southern city of Trani also indicted the two companies for their legal liability in the case through the ...
Tue, 28 Oct 2014 14:24:36 -0700

Italy sends rating agencies to trial
An Italian court indicted officials from rating agencies over alleged market manipulation.
Wed, 29 Oct 2014 04:29:24 -0700

Walking Italy: A picturesque way to see Tuscany
MONTALCINO, Italy (AP) — Walking from the towns of Buonconvento to Montalcino as part of a weeklong trek through Tuscany, I was faced with a tough decision.
Wed, 29 Oct 2014 06:21:01 -0700

Italy Pays Most Since June to Sell Five-Year Debt at Bond Sale
Italy paid the most since June to sell five-year notes at an auction of 7.2 billion euros ($9.1 billion) of debt as Italian banks’ financial woes added to concerns about the country’s growth outlook.
Thu, 30 Oct 2014 05:19:03 -0700

Italy to speed up rail operator privatisation
Italy's economy ministry said on Wednesday it will set up a working group to speed up the process of privatising rail operator Ferrovie dello Stato, one of several units earmarked for sale in an asset sale programme which has run into delays. Italy planned a raft of state asset sales last year in a bid to raise about 11 billion euros (8.74 billion pounds) and chip away at a public debt which is ...
Wed, 29 Oct 2014 12:41:20 -0700

Italy promises EU new measures to reduce deficit
Italy said Monday it was pledging "additional measures" to reduce its structural budget deficit by 0.3 percent of GDP in 2015, after it was warned by the European Commission it risked breaching EU fiscal rules. Economy Minister Pier Carlo Padoan sent a letter to Commission vice president Jyrki Katainen after Italy postponed balancing its budget in structural terms from 2015 to 2017. The treasury ...
Mon, 27 Oct 2014 06:29:43 -0700

Italy president testifies in Mafia trial
ROME (AP) — Italy's president testified for three hours Tuesday behind closed doors in a Mafia trial over purported negotiations between the state and organized crime to stop terror attacks in the 1990s, an unprecedented comingling of politics, law enforcement and the mob inside the presidential palace.
Tue, 28 Oct 2014 07:28:46 -0700

Marcolin to Double In-House Made in Italy Production
Marcolin, a worldwide leading eyewear company, announced today the acquisition of a new 3,500m2 manufacturing facility in Longarone , in the heart of the eyewear district.This move is in line with its ...
Thu, 30 Oct 2014 06:00:00 -0700

No 'serious' fault found, France, Italy budgets pass EU review
The European Commission said Tuesday it had found no serious fault with eurozone member states' 2015 budget plans, clearing France and Italy after they made last-minute changes to meet EU demands. The budget review covered all 18 eurozone countries, with the focus on struggling France and Italy after Brussels told them that their original plans fell well short of what was required to meet ...
Tue, 28 Oct 2014 11:42:49 -0700

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