An Italian prosecutor is seeking a six-year jail sentence for former Prime Minister Silvio Berlusconi for allegedly having sex with an underage nightclub dancer.» Read More
Italian prime minister-designate Enrico Letta could announce a new government on Saturday and go before parliament to spell out its program early next week, political sources said on Friday.
MILAN, April 26- Italy's six-month debt costs fell to a record low at an auction on Friday as investors expected prime minister-designate Enrico Letta to bring together rival parties and quickly form a government.
LONDON, April 26- Italian bond yields rose on Friday with investors wary that talks to form a government could be derailed by major differences between the country's centre-left and centre-right political groupings.
LONDON, April 26- European shares and oil prices dipped on Friday at the end of what looked set to be their best week since November, while the dollar eased on caution ahead of first quarter growth data from the world's biggest economy.
ROME, April 25- Italy's prime minister-designate Enrico Letta started "encouraging" talks on Thursday for a new government to end two months of political deadlock, but said significant differences with the centre-right would take more time to iron out.
ROME, April 25- Prime Minister-designate Enrico Letta saw "improving" chances of success as he began negotiations on Thursday to form a new government and end a nearly two-month-old stalemate in the euro zone's third-largest economy.
David Lea, senior analyst at Control Risks, tells CNBC in the long game Beppe Grillo may be empowered as the only opposition in Italy but in the short-term he is out in the cold.
A classic case was the slump on Wall Street after last November's election in the United States. This week's market action in Europe may offer an even clearer example of market confusion about two fascinating but byzantine political entities- the Italian government and the European Central Bank.
ROME, April 24- Months of paralysing political deadlock seem close to an end in Italy with a new government possible by early next week, but there are many questions over how long the stability can last.
President Giorgio Napolitano has given Enrico Letta, deputy head of the center-left Democratic Party (PD), a mandate to try to form a new government, according to news wires on Wednesday.
*Democratic Party fractured after factional infighting. ROME, April 24- Italian President Giorgio Napolitano was set to name a new premier on Wednesday with Enrico Letta, deputy head of the centre-left Democratic Party, and veteran politician Giuliano Amato seen as front runners to head a grand coalition.
MILAN, April 24- A rally that has pushed Italy's long-term borrowing costs to their lowest since late 2010 is seen continuing if the newly-designated prime minister can form a government and revive the reform agenda put on hold at the end of 2012..
ROME, April 24- Italy's president Giorgio Napolitano is set to announce on Wednesday his choice of prime minister to form a new government and pull the euro zone's third largest economy out of a two-month political rut.
ROME, April 23- President Giorgio Napolitano completed a rapid round of talks with Italy's parties and is expected to name a new prime minister on Wednesday, ending a stalemate since February's inconclusive election.
Italy's president held urgent talks on Tuesday aimed at naming a prime minister to head a coalition government and end two months of post-election stalemate.
ROME, April 23- Italy's president held urgent talks on Tuesday aimed at naming a prime minister to head a coalition government backed by the rival parties on the centre-left and centre-right and end two months of post-election stalemate.
ROME, April 23- Italy's president held urgent talks aimed at naming a prime minister on Tuesday after two months of post-election stalemate, with the young centre-left mayor of Florence Matteo Renzi emerging as a late candidate for the job.
ROME, April 23- Italy's president launched urgent talks that could lead to the naming of a prime minister on Tuesday after two months of post-election stalemate that has weighed on a stagnant economy and alarmed Rome's partners in the euro zone.
*Beppe Grillo's 5- Star Movement denounces Napolitano re-election. ROME, April 22- Italy's newly re-elected president Giorgio Napolitano will push forward on Monday with efforts to form a new government and end two months of stalemate that blocked economic reform and created growing unease among Rome's international partners.
*Broad based government could come within a week. ROME, April 22- Months of paralysing political deadlock seem close to an end in Italy with a new government possible within the week, but there are still questions over whether the stability can last.