EU Delegates Reportedly Approve Plan To Levy Billions Of Euros In Fines Against Italy

For a brief moment on Tuesday, it looked as if the populists running Italy's government had finally blinked in their monthslong budget standoff with the European Commission. Deputy Prime Ministe.....»»

Category: blogSource: zerohedgeNov 27th, 2018

ECB officials saw little contagion from Italy"s debt woes

Top officials at the European Central Bank expressed concern at their last rate-setting meeting about higher government borrowing costs for Italy but saw little evidence that the debt troubles were spreading to other eurozone countries......»»

Category: topSource: foxnewsNov 22nd, 2018

Europe Markets: Europe stocks end lower as Italy’s budget issues dog eurozone

European stocks close modestly lower Monday in trading reflective of a new period of volatility as investors remain nervous about budget wrangling between Italy and the European Union and Britain’s efforts to leave that trade bloc......»»

Category: topSource: marketwatchOct 22nd, 2018

Will Italy Sink Europe? Former Goldman Chair Warns Brussels Bureaucrats, Rome Is Not Athens

Authored by Jim O'Neill via Project Syndicate, Italy's coalition government has been generating headlines with its pursuit of populist economic policies that threaten to leave eur.....»»

Category: blogSource: zerohedgeOct 22nd, 2018

Italy Blinks? Rome Said To Consider Cutting Deficit Target To 2.1%

In what may be confirmation that the recent turmoil in Italian bonds has finally spooked Italy's coalition government into "blinking" in its standoff with the EU Commi.....»»

Category: blogSource: zerohedgeOct 19th, 2018

The world is due another financial crisis. It could start in Italy

The Italian government has defied eurozone rules with a lavish spending plan and squandered credibility with bond investors. The turmoil could rock the globe......»»

Category: topSource: moneycentralOct 13th, 2018

Weak Banks Threaten to Strangle Italy"s Economic Growth

As Italy’s populist government approaches a showdown with the EU over its budget, financial-market tremors are hurting the country’s banking system and threatening the economic growth Rome wants to stimulate......»»

Category: topSource: wsjOct 5th, 2018

Italy tries to reassure European partners over spending plan

Italy is trying to reassure its eurozone partners over its plans to ramp up government spending, which have had financial markets and other governments worrying about the country's public finances......»»

Category: topSource: foxnewsOct 1st, 2018

Stocks close out best quarter in 5 years on a quiet note

US stocks closed out their best quarter in five years on a quiet note. Indexes ended mixed as chipmakers and energy companies rose but banks and European stocks fell after Italy's government announced a big increase in spending. .....»»

Category: topSource: moneycentralSep 29th, 2018

This Is What Italy"s "Worst Case" Scenario Looks Like, According To Morgan Stanley

Now that the initial shock from the formation of an anti-establishment, populist government in the Eurozone's 3rd largest economy, has passed banks are starting to f.....»»

Category: blogSource: zerohedgeJun 4th, 2018

Morgan Stanley Models Out What The "Worst Case" Scenario For Italy Looks Like

Now that the initial shock from the formation of an anti-establishment, populist government in the Eurozone's 3rd largest economy, has passed banks are starting to f.....»»

Category: blogSource: zerohedgeJun 4th, 2018

These 3 men hold the future of the euro in their hands

Shayanne Gal/Business Insider After months of wrangling and a week of crisis, Italy finally has a government. Three men are key to this government — Prime Minister Giuseppe Conte, Fi.....»»

Category: topSource: businessinsiderJun 2nd, 2018

Italy finally agreed on a government, ending months of political deadlock

A government coalition has finally been reached in Italy, ending a months-long stalemate that seemed to be headed towards a snap election.  President Sergio Mattarella on Thursday approved a cabinet list presented by Giuseppe.....»»

Category: topSource: businessinsiderMay 31st, 2018

Europe wary as Italy moves toward populist government

Italy's president has convened the leaders of the anti-establishment 5-Star Movement and the right-wing League for consultations that could lead to the first populist government in the eurozone's third largest economy......»»

Category: topSource: foxnewsMay 21st, 2018

Italy: An Anti-Euro Government Takes Power In The Heart Of The Eurozone

Italy: An Anti-Euro Government Takes Power In The Heart Of The Eurozone.....»»

Category: topSource: seekingalphaMay 20th, 2018

Europe"s next crisis? Populists agree budget-busting plan for Italy

Populists are on the verge of forming a new government in Italy, the third biggest economy in the eurozone......»»

Category: topSource: cnnMay 18th, 2018

Italy CDS Blows Out As Anti-Establishment Parties Reach Government Deal

After a series of false alarms over the past week, on Friday morning Italy's anti-establishment Five Star Movement (M5S) and the far-right Northern League have finally agreed on a policy program, ending a monthslong stalemate. The 57-page "Contr.....»»

Category: blogSource: zerohedgeMay 18th, 2018

Italy"s Five Star, League Reach Agreement On Coalition Government, But Confusion Remains

Italy's two-and-a-half month stalemate is finally coming to an end, and according to unnamed Bloomberg and Reuters sources, the leaders of Italy's populist Five Star movement and Northern League have agreed on a final government program, o.....»»

Category: blogSource: zerohedgeMay 17th, 2018

Italy"s populists brush off EU concerns about possible gov"t

Italy's two populist leaders are brushing off fears in Brussels and the markets over the outlines of their possible government, and are insisting they are close to a deal designed to help ordinary Italians......»»

Category: topSource: foxnewsMay 16th, 2018

Italy"s Politics Fail to Rattle Its Financial Markets

A likely government coalition, once considered a threat to the Italian economy and the eurozone itself, hasn’t stopped its stocks and bonds from outperforming......»»

Category: topSource: wsjMay 12th, 2018