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Silvio Berlusconi

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  • Berlusconi: glad to help elderly as punishment Thursday, 17 Apr 2014 | 11:58 AM ET

    ROME— Former Italian Premier Silvio Berlusconi says he's glad a Milan court ordered him to help the elderly as part of his punishment for a tax fraud conviction. The 77- year-old media mogul spoke to reporters Thursday about a court order earlier in the week that he must spend four hours assisting at a center for the elderly in northern Italy.

  • Italy again pushes back balanced budget goal Thursday, 17 Apr 2014 | 10:34 AM ET

    ROME— Italy has again pushed back its balanced-budget goal, now aiming for 2016..

  • *Bundesbank chief open in principle to QE, if it is needed. *Drop in inflation sees him open up to the idea. FRANKFURT, April 17- As recently as last November, Jens Weidmann steadfastly opposed any move by the European Central Bank to print money to buy assets and buoy the euro zone economy.

  • Berlusconi given community service for tax fraud Tuesday, 15 Apr 2014 | 6:44 AM ET

    His support is also crucial for a constitutional reform to abolish the Senate sought by Premier Matteo Renzi. He was, however, booted from the Senate and given a two-year ban on running for elected office.

  • ROME, April 9- Italian Prime Minister Matteo Renzi defended his fiscal reform plans on Wednesday against critics inside and outside his Democratic Party as the European Commission reminded Italy of its commitment to balance its budget.

  • MILAN, April 8- The government of Matteo Renzi is looking to wipe the slate clean and seek new names at Italy's main state-controlled groups including oil major Eni as top management comes up for renewal, government, political and industry sources said.

  • *Barroso, Van Rompuy smile when asked about Italy budget. *PM Renzi says Italy will respect 3 pct deficit limit. However the reaction in Italy reflected questions over how well Renzi's fast-talking style and his promises to end the austerity policies which have dominated the EU's response to the euro zone debt crisis will go down in Brussels.

  • DUBLIN, March 7- Veteran Brussels politician Jean-Claude Juncker sought the backing of Europe's centre-right on Friday in the race to become European Commission president, pledging to build bridges in a region he said was increasingly divided.

  • ROME, Feb 19- Italian Prime Minister-designate Matteo Renzi said he expected his new government to be in place in time for a formal vote of confidence in parliament on Monday, after he wrapped up consultations with the main political parties.

  • ROME, Feb 13- Italian Prime Minister Enrico Letta said he would tender his resignation on Friday, opening the way for centre-left leader Matteo Renzi to take the helm of Italy's third government in less than a year.

  • ROME, Feb 13- Italian Prime Minister Enrico Letta faces a showdown with his own centre-left party on Thursday that could lead to his resignation and the appointment of Democratic Party leader Matteo Renzi as head of a new government within days.

  • Recession-weary Italians catch nostalgia for lira Wednesday, 15 Jan 2014 | 4:00 AM ET

    *Money important symbol of unified Italy. ROME, Jan 15- Twelve years since Italy introduced the euro, the national mint is still stamping Italian lire- and recession fatigue means nostalgia for the retired national currency is going strong.

  • ROME, Jan 14- The reasons given by Italy's top court for throwing out key planks of the country's electoral law leave politicians no closer to agreeing a new system to give Italy the stable government it badly needs.

  • *Rome to reintroduce housing levy under new name. Sector experts predict housing transactions in Italy will increase this year for the first time since 2007, after which the country was hit by the global financial crisis and subsequently by its longest economic recession in 60 years.

  • ROME, Dec 27- Italy delayed the start of its planned Internet tax until July 2014, approved billions of euros in business and welfare measures and extended a ban on media cross-ownership in a final package of year-end legislation approved on Friday.

  • ROME, Dec 23- Italian Prime Minister Enrico Letta promised on Monday to present a formal coalition pact in January with reforms ranging from an overhaul of the electoral law to cuts to bureaucracy and taxes.

  • Italy PM Letta pledges reform pact in January Monday, 23 Dec 2013 | 8:43 AM ET

    ROME, Dec 23- Prime Minister Enrico Letta promised on Monday to include a swift reform of Italy's widely criticised electoral law and cuts to bureaucracy and taxes in a new coalition pact to be worked out in January.

  • *Filmmaker survived dangerous boat passage to Italy from Libya. ROME, Dec 22- Seven years ago, Dagmawi Yimer was "between life and death" when Italian navy officers rescued him and 30 others from a skiff in heavy seas between Libya and the island of Lampedusa.

  • ROME, Dec 20- Italian Prime Minister Enrico Letta said on Friday his government's 2014 budget was crucial for Italy's stability despite it pleasing neither unions nor business. The lower house of Italy's parliament is due to vote on a confidence motion in the early afternoon with the Senate following on Monday.

  • ANALYSIS-Italy must earn foreign help with 2014 funding Thursday, 19 Dec 2013 | 10:06 AM ET

    MILAN, Dec 19- Italy must show political stability and convincing signs of an economic recovery to secure foreign demand for its debt in 2014, when domestic banks are expected to slow their purchases of the country's bonds.

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