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Italy Pays More to Borrow as Budget Fight Brews

Italy had to offer significantly higher interest rates to sell its bonds on Thursday, a sign of the rising anxiety surrounding Italy’s finances and its leaders’ looming clash with the European Union over its budget plans......»»

Category: topSource: wsjOct 11th, 2018

Italy Tries to End Budget Fight With EU as Economy Teeters

Italy’s populist government is looking for a route out of a fight with the European Union over its budget, as the financial fallout from the clash pushes the economy to the brink of recession......»»

Category: topSource: wsjDec 6th, 2018

Banks Are Italy"s Weak Spot as Rome Picks Fight With EU

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

Fight brews over hotel and housing project near Moscone Center

A parking garage has become the center of a fraught debate between community members and the SFMTA. At stake: an important hotel and housing project across from the Moscone Center......»»

Category: topSource: bizjournalsFeb 21st, 2019

Walmart's grocery delivery pays off in fight with Amazon as online sales soar

Shoppers increasingly buying bread, milk and other groceries online, helped boost Walmart's e-commerce sales 43 percent in .....»»

Category: topSource: usatodayFeb 19th, 2019

Emmanuel Macron Is Happy to Fight With Italy

The French president is trying to use the spat to take back the initiative from the gilets jaunes and get his economic reforms back on track. .....»»

Category: topSource: washpostFeb 8th, 2019

Italy Officially Slides Into Recession After Budget Battle With Brussels

The Italian government's decision to cut its growth forecast for 2019 to just 1% during the most heated period of the popu.....»»

Category: blogSource: zerohedgeJan 31st, 2019

CBO Unveils Apocalyptic Long-Term Debt Picture With US Set To Borrow Over $1 Trillion For Second Year

On Monday morning, the CBO announced  in its latest forecast that, as widely expected, U.S. budget deficits are set to widen further in coming years and ec.....»»

Category: blogSource: zerohedgeJan 28th, 2019

U.S. treasury set to borrow $1 trillion for a second year to finance the deficit

The U.S. Treasury Department is set to maintain elevated sales of long-term debt to finance the government’s widening budget deficit, with new issuance projected to top $1 trillion for a second-straight year......»»

Category: topSource: moneycentralJan 28th, 2019

U.S. treasury set to borrow $1 trillion for a second year to finance the deficit

The U.S. Treasury Department is set to maintain elevated sales of long-term debt to finance the government’s widening budget deficit, with new issuance projected to top $1 trillion for a second-straight year......»»

Category: topSource: moneycentralJan 28th, 2019

Visa"s European arm pays 13.2 million euros to settle Italy tax dispute

The European arm of U.S. credit card group VISA has paid 13.2 million euros ($15 million) to settle a dispute in Italy over alleged tax evasion, a judicial document filed by Milan prosecutors showed......»»

Category: topSource: reutersJan 25th, 2019

Alpine Tunnel Splits Italy"s Populists

A fight over a proposed high-speed railroad that includes a 35-mile tunnel under the Alps threatens to rupture the young government because of an uncomfortable fact: The two parties sharing power represent diametrically opposed electorates and ideologies......»»

Category: topSource: wsjJan 20th, 2019

Hungary"s Orban Slams Macron As "Leader" Of "Pro-Immigration Forces", Vows "I Will Fight Against Him"

One day after Italy's Matteo Salvini tra.....»»

Category: blogSource: zerohedgeJan 10th, 2019

ECB Takes "Unprecedented" Step Of Putting Italy"s Banca Carige In Administration

Investors who had hoped that the resolution of Italy's budget showdown with the EU would mark an end to a volatile period for Italian bonds and stocks were di.....»»

Category: blogSource: zerohedgeJan 2nd, 2019

Opposition warns Italians of future costs from 2019 budget

Italy's opposition parties are warning Italians they'll pay eventually for the populist government's 2019 budget......»»

Category: topSource: foxnewsDec 30th, 2018

Italy Passes Revised 2019 Budget, Marking End Of EU Spending Battle

In what will likely come as a relief to anxious EU officials who have been hoping to avoid another calamitous confrontation with a restive member state, Italy's ruling populist coalition manag.....»»

Category: blogSource: zerohedgeDec 30th, 2018

Italy"s contentious budget wins government"s confidence vote

The lower chamber of the Italian Parliament has approved a 2019 national budget that includes funding to realize campaign promises made by leaders of Italy's populist government......»»

Category: topSource: foxnewsDec 29th, 2018

Italy"s premier says budget deal wasn"t dictated by EU

Italy's premier has denied that the country's new budget was dictated by the European Commission, saying that he held firm on key points including a basic income for job-seekers and rollbacks in an unpopular pension reform......»»

Category: topSource: foxnewsDec 28th, 2018

Markets Are Already Volatile. A Long Shutdown Could Make It Worse.

A short government shutdown will likely have little impact on the overall U.S. economy, but a protracted budget fight during a time of heightened market volatility could worsen an already murky outlook......»»

Category: smallbizSource: wsjDec 28th, 2018

Italy"s upper house to vote on budget facing EU deadline

The Italian Senate is set to vote on a new budget that expands the social spending pledged by the populist government, amid opposition complaints that the process has been rushed to satisfy an EU deadline......»»

Category: topSource: foxnewsDec 22nd, 2018

Italy"s Growth Woes Set to Persist Despite EU Budget Blessing

Italy’s deal with the European Union to defuse its simmering budget dispute is adding to concerns about the country’s real economic problem: a lack of growth......»»

Category: topSource: wsjDec 20th, 2018