MILAN, July 27- Thai businessman Bee Taechaubol will be in Milan this week as talks to buy 48 percent of top-flight Italian soccer club AC Milan reach their end-of-the-month deadline for agreement, a source close to the matter said on Monday. Former prime minister Silvio Berlusconi, who has owned the Milan club since the 1980 s, approved an outline deal early in...
ROME, July 18- Italian Prime Minister Matteo Renzi on Saturday pledged to abolish a much-hated property levy next year and make further tax cuts in the future, and said his plan to bolster growth would not upset public finances. Speaking at a party assembly outside Milan, Renzi said he would eliminate a tax on primary residences from 2016. Renzi did not say how much...
Berlusconi met Bee for the second time this week but a statement from Fininvest dismissed growing media speculation in recent months that he could sell a majority stake in Milan, one of Italy's most glamorous clubs. Italian media reports said Bee was offering 500 million euros for a 51 percent stake in Milan, aiming to join a series of other foreign tycoons who...
*Italy calls for emergency EU meeting this week. PALERMO, Italy April 19- As many as 700 migrants were feared dead on Sunday after their boat capsized in the Mediterranean, raising pressure on Europe to face down anti-immigrant bias and find money for support as turmoil in Libya and the Middle East worsens the crisis. If the death toll is confirmed, it will bring to...
*Italy calls for emergency EU meeting this week. PALERMO, Italy April 19- As many as 700 people were feared dead after a fishing boat packed with migrants capsized off the Libyan coast overnight in what officials said may be the Mediterranean's worst disaster as thousands flee poverty and war to Europe. Only last week, around 400 migrants were reported to have died...
Francesco Galietti, founder and CEO of Policy Sonar, says Silvio Berlusconi is likely to try and turn his community service into a political opportunity, and that his lack of official successor is hurting his Forza Italia party.
Francesco Galietti, founder and CEO of Policy Sonar, likens Italian politics to a "Machiavellian play" ahead of Berlusconi's court hearing and discusses the impact the electoral reform could have.
Italian soccer giant AC Milan is weighing a sale, Bloomberg has reported, citing three sources with knowledge of the matter.
Italian Senate has approved the expulsion of former Italian Prime Minister Silvio Berlusconi from parliament. CNBC's Michelle Caruso-Cabrera offers details.
Nicola Borri, assistant professor of economics at LUISS University in Rome, says "everybody" expects Silvio Berlusconi to be ousted from the Italian Parliament, and discusses the impact this would have on reforms.
Lucio Malan, Italian senator for the PDL, says there is a risk for a "little split" within Berlusconi's PDL party and that the former prime minister would remain leader even if he was expelled from Parliament.
Berlusconi has formally asked to do a year of community service rather than be jailed or put under house arrest after his conviction for tax fraud.
The restructuring of Europe's banks will be positive in the end, the head of Italy's main stock exchange told CNBC on Monday.
An Italian Senate committee on Friday recommended that Silvio Berlusconi be expelled from the Senate following his conviction for tax fraud in August.
Jacopo Barigazzi, co-founder of Linkiesta, says that it is the "beginning of the end" for Silvio Berlusconi, but he could still be popular with voters.
Silvio Berlusconi is renowned for his off-color remarks and personal scandal.
Antonio Garcia Pascual, chief euro area economist at Barclays, talks about Italy's key issues including structural reforms and how Wednesday's confidence vote could impact them.
Annalisa Piazza, senior economist at Newedge, comments on the political turmoil in Italy, where up to 20 senators from Berlusconi's PDL party could resign.
Artur Fischer, co-CEO of Borse Berlin, discusses Italy and highlights that center-right Silvio Berlusconi has always been full of surprises and could have some more "weapons" up his sleeve.
All five members from Silvio Berlusconi's party announced their resignation on Saturday, plunging the country back into political uncertainty, reports CNBC's Michelle Caruso-Cabrera.