ROME— Italy has again pushed back its balanced-budget goal, now aiming for 2016..
*European Commission, ECB warn Italy on debt commitments. ROME, March 13- Italian Prime Minister Matteo Renzi could struggle to convince the European Union that his ambitious tax cuts and spending commitments will not threaten pledges to sort out public finances.
ROME, Feb 21- With Pier Carlo Padoan, an internationally respected economist with no experience in frontline politics, Italy is continuing the recent tradition of having technocrats run the economy ministry.
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 centre-left leader Matteo Renzi called on Prime Minister Enrico Letta to step down on Thursday and said their party, the biggest in the ruling coalition, should choose a new premier to lead the government.
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.
*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.
Napolitano rescued Italy in 2011 by replacing Berlusconi with technocrat Mario Monti. Italy's fate once again depends on the man affectionately known as "King George."
Italy's new Prime Minister Enrico Letta won French backing on Wednesday for calls to spur economic growth alongside budget rigor.
Italian bond yields broke below the 4 percent level on Monday and remain at record lows, but analysts warn the country's borrowing rate is poised on a fragile tipping point, after Prime Minister Enrico Letta’s maiden speech divided market opinion.
Italy's new Prime Minister Enrico Letta won his first vote of confidence in parliament on Monday after promising to press for a change to the European Union's focus on austerity.
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.
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.
The re-election of Italy's president has raised the prospect of an end to the stalemate that followed the general election, with a move to form a government foreseen within days.
Italy's caretaker government announced on Wednesday it was delaying approval of a decree to pay back some 40 billion euros of state debts to private firms.
A new Italian government is still a long way off and the country may be headed for fresh elections, a senior official of Silvio Berlusconi's center-right party said.
Italian parties reacted skeptically on Friday to center-left leader Pier Luigi Bersani's call for a government backed by all political forces, complicating efforts to end the stalemate left by last month's election.
A dramatic anti-austerity vote leaves Italy lying outside the fortress the European Central Bank constructed around the euro zone last September.
Alberto Mingardi, director general at the Bruno Leoni Institute, tells CNBC that Italians voted against un-credible policy proposals and went for the entertainment.
After an election that left no party with a clear majority, Steve Sedgwick asks what is next for Italy.