Mario Monti
featured
Italy's new Prime Minister Enrico Letta won French backing on Wednesday for calls to spur economic growth alongside budget rigor.
» Read More
More
-
*Berlusconi given little chance of electoral victory. ROME, Dec 8- Four-time Prime Minister Silvio Berlusconi has never been afraid to take a gamble during the 17 years in which he has dominated Italian politics and his decision to run for office again at the age of 76 seems like a final roll of the dice.
-
*Italy- Germany bond yield spread seen widening Monday. ROME, Dec 9- Italy's political parties began maneuvering on Sunday ahead of elections expected in February as supporters of technocrat Prime Minister Mario Monti sought to cajole him to stay in politics.
-
*Italy general elections now likely in February. MILAN, Dec 9- Prospects of a political crisis in Italy sooner than expected- after Prime Minister Mario Monti said he intends to resign early- are expected to drive up Rome's borrowing costs and tensions in the euro zone after months of calm on the bond market.
-
LONDON, Dec 7- European shares edged down on Friday after Germany's central bank slashed its growth forecasts, and as investors booked profits on concerns U.S. jobs data may disappoint. "We think earnings will be revised down, which is bound to create concerns," Emmanuel Cau, a strategist at JPMorgan said.
-
LONDON, Dec 7- German two-year bond yields dipped to four-month lows on Friday on bets the European Central Bank could cut interest rates further, but a pending U.S. jobs report kept investors cautious and limited falls.
-
PARIS, Dec 7- France's finance minister said on Friday it was too early to speculate on his potential candidacy to replace Jean-Claude Juncker as the new chairman of euro zone finance ministers, but did not rule himself out.
-
LONDON, Dec 7- German two-year bond yields dipped to four-month lows on Friday on bets the European Central Bank could cut interest rates further, but a looming U.S. jobs report kept investors cautious and limited falls.
-
But Germany's Bundesbank cut its growth outlook for the country on Friday, less than 24 hours after the European Central Bank slashed its economic forecasts for the euro zone. Germany's DAX index was down 0.1 percent. "
-
ROME, Dec 7- Italy should reassure markets that its economic reforms will not be reversed after Silvio Berlusconi's PDL party withdrew support for the government, OECD chief economist Pier Carlo Padoan said on Friday.
-
*Political tension in Italy grows. NEW YORK, Dec 6- The euro was on track for its sharpest drop against the dollar in a month on Thursday after comments from the European Central Bank chief and a downgrade to the region's growth and inflation forecasts boosted expectations of an interest rate cut.
-
*EADS gains 8 percent, GDF Suez drops 11 percent. "We still have some risks, but the magnitude of the risks has diminished and they are being handled in a better way," said Ben Hauzenberger, fund manager at Zurich- based Swisscanto Asset Management, which manages about $65 billion.
-
*Political tensions on Italy grows. NEW YORK, Dec 6- The euro was headed for its sharpest drop against the dollar in a month on Thursday after comments from the European Central Bank chief and a downgrade to the region's growth and inflation forecasts boosted expectations of an interest rate cut.
-
NEW YORK, Dec 5- The euro fell against the dollar and yen on Thursday after comments from the head of the European Central Bank and a downgrade to the region's growth and inflation forecasts boosted expectations of an interest rate cut.
-
Dec. 13-14- Merkel attends summit of EU leaders in Brussels, with banking reforms in the euro zone topping the agenda. EUROPEAN UNION: Dec. 12- Meeting of all EU finance ministers in Brussels to try to reach agreement on plans for pan-EU banking supervision.
-
*Political tension in Italy grows. NEW YORK, Dec 6- The euro was headed for its sharpest drop against the dollar in a month on Thursday after comments from the European Central Bank chief and a downgrade to the region's growth and inflation forecasts boosted expectations of an interest rate cut.
-
MILAN, Nov 29- Italy's 10- year bond yield hits its lowest in two years at an auction on Thursday, buoyed by a deal this week on Greek debt which has eased near-term risks for the governments under fire in the euro zone's debt crisis.
-
WASHINGTON- Republican unity against raising tax rates for the wealthy began to show cracks on Wednesday after a conservative congressman said he would back an agreement with President Barack Obama to raise rates on the rich but extend tax cuts for income below $250,000.
-
WASHINGTON- Republican unity against raising tax rates for the wealthy began to show cracks on Wednesday after a conservative congressman said he would back an agreement with President Barack Obama to raise rates on the rich but extend tax cuts for income below $250,000.
-
Even as markets have been focused on a potential bailout for Spain, analysts say Italy, which is heading for a protracted recession, may also need aid in 2013.
-
MILAN, Nov 20- Fed up with a Byzantine bureaucracy that is scaring off foreign investors, Mario Monti's technocrat government has proposed changing Italy's constitution to hack through a tangle of local veto powers that have been stifling infrastructure projects.