Mario Monti
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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.
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*Italy sends marines back to India for trial. ROME/ NEW DELHI, March 22- A decision to return two Italian marines accused of murdering fishermen to stand trial in India stirred anger in Italy on Friday and calls for Foreign Minister Giulio Terzi to resign.
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*Grillo's 5- Star Movement seeks mandate to govern. By James Mackenzie and Gavin Jones. ROME, March 21- Italian centre-left leader Pier Luigi Bersani on Thursday appealed to all parties in parliament to back a new government, a move that may brighten prospects of resolving the political deadlock following last month's inconclusive election.
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*Italy hikes 2013 deficit target to 2.9 pct of GDP vs 1.8 pct. ROME, March 21- Italy on Thursday sharply hiked its fiscal deficit targets for this year and 2014 and announced it would raise debt by 40 billion euros over the two years to inject much-needed liquidity into its recession-hit economy.
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*To hike debt by 20 bln euros in 2013, 20 bln in 2014* Cuts 2013 GDP forecast to -1.3 pct vs -0.2 pct By Giuseppe Fonte and Gavin Jones. ROME, March 21- Italy on Thursday sharply hiked its fiscal deficit targets for this year and 2014 and announced it would raise debt by 40 billion euros over the two years to inject much-needed liquidity into its recession-hit economy.
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ROME, March 21- Mario Monti's outgoing Italian government has decided to hike its fiscal deficit and public debt goals for this year and 2014 and the cabinet is currently debating what the new targets will be, a government source told Reuters.
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*Italy hikes 2013 deficit target to 2.9 pct of GDP vs 1.8 pct. ROME, March 21- Italy sharply hiked its fiscal deficit targets for this year on Thursday and announced it would raise debt by 40 billion euros in 2013 and 2014 to inject much-needed liquidity into its recession-hit economy.
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*Italy hikes 2013 deficit target to 2.9 pct of GDP vs 1.8 pct. By Giuseppe Fonte and Gavin Jones. ROME, March 21- Italy sharply hiked its fiscal deficit targets for this year on Thursday and announced it would raise debt by 40 billion euros in 2013 and 2014 to inject much-needed liquidity into its recession-hit economy.
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ROME, March 19- Italian industrial output staged a surprise rebound in January after four consecutive monthly falls, but national statistics institute ISTAT said it was too soon to forecast an end to the country's long recession.
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ROME, March 18- Italy is close to finding a way to pay off huge public sector debts owed to private companies without pushing up the public debt, outgoing Prime Minister Mario Monti said on Monday.
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Japan's Nikkei share average dropped 2.7 percent on Monday, pulling back from a 54- month high and posting the biggest slide in 10 months after a proposed bank bailout for Cyprus spooked investors. Cyprus becomes the fifth country after Greece, Ireland, Portugal and Spain to turn to the euro zone for financial help in the wake of the region's debt crisis.
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PARMA, Italy, March 17- The neophyte 5- Star Movement's lawmakers were, among other things, housewives, students or jobless before they took their seats in Italy's parliament on Friday, and it remains a mystery how they will handle their newly won power.
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*Lower house, Senate to vote on speakers again on Saturday. ROME, March 15- Italy's new parliament sat on Friday for the first time since an inconclusive general election produced a political stalemate that meant deputies and senators were unable even to elect speakers for either chamber.
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ROME, March 15- Italy's new parliament met on Friday for the first time since last month's inconclusive election with no sign of a deal to end the stalemate and yield a government able to address the deep problems in the euro zone's third-largest economy.
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*France, Italy seek space to stimulate economies. BRUSSELS, March 14- France and Italy won support for a slightly more growth-friendly interpretation of European Union budget rules at a summit on Thursday after French President Francois Hollande challenged German-driven fiscal austerity.
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*Parliament to elect lower house, Senate speakers. ROME, March 15- Italy's parliament convenes on Friday almost three weeks after last month's inconclusive election, with the parties still deadlocked over how to form a government in the euro zone's third largest economy.
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*France, Italy seek space to stimulate economies. BRUSSELS, March 14- France and Italy won support for a slightly more growth-friendly interpretation of European Union budget rules at a summit on Thursday after French President Francois Hollande challenged German-driven fiscal austerity.
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*Germany expected to reinforce need for fiscal discipline. BRUSSELS, March 14- French President Francois Hollande raised the prospect of a showdown with Germany at a European summit on Thursday, calling for more room in budgets to help stimulate growth, a challenge to Berlin's faith in tight fiscal controls.
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*Germany expected to reinforce need for fiscal discipline. BRUSSELS, March 14- French President Francois Hollande raised the prospect of a showdown with Germany at a European summit on Thursday, calling for more room in budgets to help stimulate growth, a challenge to Berlin's faith in tight fiscal controls.
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BRUSSELS, March 14- European leaders gathered in Brussels on Thursday with differences over austerity and how best to tackle the social costs of the debt crisis set to dominate their two-day summit.
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MILAN, March 13- Italy had to pay its highest three-year borrowing costs since December at an auction on Wednesday as the political paralysis that triggered a credit rating cut last week sapped demand for the country's debt.