The new Italian government needs a "credible" plan to make the country's finances more sustainable in the medium term, a member of the International Monetary Fund (IMF) told CNBC Tuesday.
Italian Prime Minister Giuseppe Conte announces his intention to resign as a political crisis rumbles on in Rome.
Political turmoil has returned to Rome with one of the country's deputy prime ministers calling for snap elections.
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Florian Hense, European economist at Berenberg, discusses the European economy and Italy's standoff with the EU over its spending plans.
The Italian anti-establishment government may have anywhere between three to six months to show it is committed to reducing its massive debt pile, according to the minutes from European Commission's latest meeting.
Italian Prime Minister Giuseppe Conte says he hopes there can be a new dynamic to the conversation between Rome and Brussels over the Italian economy.
During the recent European parliamentary elections, Italy saw a significant reframing of its government's political dynamics.
The Bank of Italy has cautioned the anti-establishment government in Rome against widening the country's deficit.
China has never forced debt upon participants of its new Silk Road project as "prejudiced" critics have suggested, the country's top diplomat said on Saturday in a strongly worded defense of a key policy platform of Chinese President Xi Jinping.
Italy signed a preliminary accord with China on Saturday that makes it the first country of the Group of Seven industrialized nation to join the Chinese Belt and Road infrastructure project.
The Italian deputy prime minister told CNBC on Friday that he will stay in a coalition as long as it benefits his country.
Thousands of travellers were left scrambling on Thursday when Thai Airways International cancelled more than a dozen flights to and from Europe after Pakistan closed its airspace amid rising tensions with India.
President Donald Trump praised a Republican congressman for body-slamming a reporter last year, calling him a "tough cookie" and saying he thinks it might have helped him win election in Montana.
A United Airlines flight heading to Chicago from Rome diverted to Shannon, Ireland following a "potential security concern."
Italian two-year yield falls sharply while stocks rise.
Italy's political turmoil could hit the continent harder than the Greek financial crisis and the Brexit vote, according to the finance minister of Latvia.
Italy may hold repeat elections as early as July after the man asked to be prime minister failed to secure support from major political parties for even a stop-gap government, sources said on Tuesday.
Italy's political crisis is entering a new phase and fresh elections could determine both its EU membership and whether it remains within the single currency, according to analysts.