Friday, 28 February 2014 German newspapers mocked the new Italian PM Matteo Renzi(39) for having women for half of his cabinet Ministers, which is somewhat bizarre since Germany for the past 8 years is ruled by a woman Angela… Read More ›
Silvio Berlusconi
Italy’s recession caused as much damage ‘as a war’
Employers’ confederation says country still on ‘a razor’s edge’ 19 December, 19:41 Scrivi alla redazione Giorgio Squinzi, head of powerful Italian industrial employers’ group Confindustria (By Sandra Cordon) (ANSAmed) – ROME – Italy’s deep recession has caused as… Read More ›
Hard-up Italy to sell 50 historic sites in bid to raise £425million to pay off government debt
A fortress, a palace and an island will be auctioned to tackle the deficit Economy minister Fabrizio Saccomanni hopes to make £425million The sale will be followed by a further £1billion of austerity measures By Daily Mail Reporter and Hannah… Read More ›
Silvio Berlusconi ‘asked Italy’s secret service to bump off Muammar Gaddafi’
Michael Day Thursday, 13 June 2013 Silvio Berlusconi asked Italy’s secret services to bump off Libyan dictator Muammar Gaddafi, so the then premier could end his increasingly embarrassing ties with the Libyan dictator, it was claimed today. Mr Berlusconi’s… Read More ›
Italy risks social ‘revolt’ say young employers
Call for ‘statesmen rather than miracles’ and lower taxes 07 June, 21:28 (by Denis Greenan) (ANSAmed) – Santa Margherita Ligure – Soaring jobless rates and the lack of prospects for young people mean politicians face a social “revolt”… Read More ›
Anger builds in Italy as old guard plots fresh technocrat take-over : Will risk Revolution
Italy’s president Giorgio Napolitano is exploring the creation of a second technocrat government to break the political log-jam and calm markets after key parties failed to reach an accord, risking a serious popular backlash. Comedian Beppe Grillo repeated his vow… Read More ›
Italy might leave the Euro “In six months, we will no longer be able to pay pensions and the wages of public employees.”
Beppe Grillo suggests Italy might leave the Euro Post-election power broker also thinks the country will have to renegotiate on debt James Legge Saturday, 2 March 2013 Italy’s comedian-cum-power broker will have raised further eyebrows in Eurocrat circles today with… Read More ›
Italy halts austerity plan leaving EU in turmoil
Fears that deadlock will lengthen Italy’s two-year recession and spill over into rest of the eurozone hit markets across Europe Ian Traynor in Brussels, John Hooper in Rome and Phillip Inman The Guardian, Tuesday 26 February 2013 15.38 EST Italy’s decision… Read More ›
Italian elections may decide euro’s fate
It’s Monti vs. Berlusconi as Yuletide sparring launches campaign. Paul Ames December 28, 2012 06:15 ROME, Italy — Italians took a break from politics for most of 2012. Bitter party rivals buried their grievances to give a non-elected, technocratic government… Read More ›
Monti resignation announcement causes fears of renewed euro turbulence
News sees Italy’s borrowing costs rise and share prices fall, and EU leaders worry about possible spillover into Spain The Guardian, Monday 10 December 2012 16.14 EST Mario Monti, Mariano Rajoy and Antonis Samaras, the prime ministers of Italy,… Read More ›
Silvio Berlusconi four-year sentence quickly cut to one year
Silvio Berlusconi, the former Italian prime minister, was sentenced to four years in prison for tax evasion, only for the prison term to be reduced swiftly to one year. Mr Berlusconi has been tried numerous times for his business dealings… Read More ›
Italian unions strike against Monti, close Colosseum 1 of 7. A protester covers himself with a CGIL union flag during a rally in downtown Rome September 28, 2012. Two of Italy’s biggest unions marched through Rome on Friday to protest… Read More ›
Occupy Coal Mine: Sardinian Miners Barricade Themselves Underground
Aug 28, 2012 10:12 AM EDT Armed with 770 pounds of dynamite, 120 Sardinian miners have barricaded themselves 1,300 feet underground in an austerity-driven protest. Barbie Latza Nadeau reports on the standoff. Hours before 120 coal miners barricaded themselves 1,300… Read More ›