Politics Mario Monti

  • DIARY-Top Economic Events to Nov 11 Wednesday, 28 Oct 2015 | 8:01 PM ET

    WASHINGTON- Federal Reserve Bank of Atlanta President Dennis Lockhart gives opening remarks before the Workforce Development Panel and Book Launch hosted by the Federal Reserve- 1310 GMT. LONDON- UK Finance Minister George Osborne meets Brazilian Finance Minister Joaquim Levy as a part of UK- Brazil Economic and Financial Dialogue. LONDON- European Central...

  • DIARY-Top Economic Events to Nov 7 Tuesday, 27 Oct 2015 | 8:01 PM ET

    WASHINGTON- International Monetary Fund Managing Director Christine Lagarde and U.S. economist Larry Summers discuss inequality- 2300 GMT. LONDON- Former Federal Reserve chief Ben Bernanke speaks at London School of Economics on his new book, "The Courage to Act: A Memoir of a Crisis and its Aftermath"- 1830 GMT. LONDON- Bank of England's Executive Director for...

  • BRUSSELS, Oct 26- The European Central Bank says it wants euro zone countries to stir up growth with structural reforms, but its own money printing plans have taken the pressure off politicians for action, leaving European Union rules to drive often unpopular change. And although the EU toughened up those rules during the sovereign debt crisis, the European...

  • *PM Renzi's signature reform only affects new hires. ROME, Sept 4- The government of Italian Prime Minister Matteo Renzi on Friday put the finishing touches on his signature employment reforms which he says are already rousing a sclerotic labour market despite fierce resistance from trade unions. Alberto Bombassei, president of brake-maker Brembo, said the...

  • Fixing Greece: Treat it like a troubled subsidiary Thursday, 9 Jul 2015 | 7:00 AM ET
    A Greek flag during a rally in Athens.

    What if Europe was a multinational company and Greece its troubled subsidiary? Prof. Markus Venzin offers a four-step turnaround plan.

  • Italy economy in ‘acute emergency’: Ex-PM Monti Friday, 5 Sep 2014 | 12:58 PM ET
    Former Italian First Minister and Member of the Italian senate of the new Italian Government Mario Monti.

    Italy is still embroiled in financial crisis — but it isn't severe enough to convince the public that reforms are needed, the ex-prime minister said.

  • Renzi is still untested: Ex-PM Monti Friday, 5 Sep 2014 | 11:15 AM ET
    Renzi is still untested: Ex-PM Monti

    Mario Monti, former Prime Minister of Italy, says his successor, Matteo Renzi, is yet to be truly tested as the head of government.

  • GE boss to meet French minister as Alstom deal progresses Saturday, 26 Apr 2014 | 10:17 AM ET

    GE boss is due in Paris on Sunday and is expected to meet France's economy minister as he closes in on a deal to buy the power arm of French engineer Alstom

  • Italian President Giorgio Napolitano

    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 Letta Wins French Backing for Focus on Growth Thursday, 2 May 2013 | 2:08 AM ET

    Italy's new Prime Minister Enrico Letta won French backing on Wednesday for calls to spur economic growth alongside budget rigor.

  • Italian Bond Yields Could Be Poised on Precipice Tuesday, 30 Apr 2013 | 9:34 AM ET
    Victor Emmanuel II Monument in Rome, Italy.

    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 Prime Minister Wins Confidence Vote Monday, 29 Apr 2013 | 11:25 PM ET
    New Italian Prime Minister Enrico Letta

    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.

  • Italy Government Could Be Agreed Saturday: Sources Friday, 26 Apr 2013 | 9:31 AM ET

    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.

  • Italy's President Invites Letta to Form Government Wednesday, 24 Apr 2013 | 7:03 AM ET

    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.

  • For Italy, Maybe Some Order From all the Chaos Sunday, 21 Apr 2013 | 5:14 PM ET
    Victor Emmanuel II Monument in Rome, Italy.

    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 Delays $50 Billion Payment of State Debts Thursday, 4 Apr 2013 | 1:28 AM ET

    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.

  • Italy Still Far From Government, New Elections Loom Wednesday, 27 Mar 2013 | 2:13 AM ET

    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.

  • Pier Luigi Bersani, leader of Italy's Democratic Party

    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.

  • Austrian architect Wolf Prix of CooP Himmelblau gestures during a media tour of the the new European Central Bank (ECB) headquarters on September 20, 2012 in Frankfurt, Germany.

    A dramatic anti-austerity vote leaves Italy lying outside the fortress the European Central Bank constructed around the euro zone last September.

  • Italian Voters Have a Sense of Humour: Expert Tuesday, 26 Feb 2013 | 2:00 AM ET
    Italian Voters Have a Sense of Humour: Expert

    Alberto Mingardi, director general at the Bruno Leoni Institute, tells CNBC that Italians voted against un-credible policy proposals and went for the entertainment.