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

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

Italy brushes off downgrade as it plans EU budget response

Italy's deputy premier on Saturday brushed off a ratings downgrade and vowed to forge ahead with the government's rule-busting budget as Italy prepared to respond to European Union concerns about its high deficit targets......»»

Category: topSource: foxnews14 hr. 4 min. ago

Italy ETF Sees Relief Rally as E.U. Budget Chief De-Escalates Tensions

This article was originally published on»»

Category: topSource: foxnewsOct 19th, 2018

What the EU Looks for in the Budgets of Italy and Others

For nations of the European Union’s single currency area, the annual budget process isn’t over when a budget is drawn up. The European Commission also gets a say. In Italy’s case, the response from Brussels took less than three days. In a l.....»»

Category: topSource: washpostOct 19th, 2018

Stocks bounce back despite Italy angst; dollar dips

Stocks rose across the world on Friday with a global index aiming to avoid a fourth consecutive weekly loss, but concerns over Italy's budget weighed on its stocks and bonds......»»

Category: topSource: reutersOct 19th, 2018

Credit raters take sides in JEA"s Plant Voglte fight

Credit raters have not brought good news to JEA in recent weeks. S&P Global Ratings downgraded several JEA debt obligations over the utility's uncapped and unknown financial obligations to Plant Vogtle, an over budget and behind schedule nuclear power.....»»

Category: topSource: bizjournalsOct 19th, 2018

Investors sell Italian bonds, bank shares as EU warns on Italy budget

Investors shed Italian bonds on Friday, driving their yields to 4-year highs while the euro fell to a 2-month low as the European Union called Rome's draft budget an "unprecedented" breach of EU fiscal rules......»»

Category: topSource: reutersOct 19th, 2018

Italy bond selloff deepens on EU budget warning

Italian government bond yields hit four-year highs on Friday, extending their rise after the European Union slammed Rome's draft budget. David Pollard reports......»»

Category: videoSource: reutersOct 19th, 2018

The Latest: Italy warned to revise its draft budget

The Latest on Italy's spat with the European Union over its budget (all times local): 12:00 p.m......»»

Category: topSource: foxnewsOct 19th, 2018

Euro, Italian bonds sold as EU warns on Italy budget

Investors sold Italian bonds and the euro on Friday, with Italy's bond yield hitting four-year highs as the European Union called its draft budget an "unprecedented" breach of EU fiscal rules......»»

Category: topSource: reutersOct 19th, 2018

Asia shares slide further as weak China growth adds to woes

Asian stocks slipped further on Friday as China posted its weakest economic growth since the global financial crisis, adding to market concerns about trade disputes, rising U.S. interest rates and Italy's free-spending budget......»»

Category: topSource: reutersOct 18th, 2018

Asia shares extend slump as global sentiment sours

Stocks in Asia fell on Friday as global sentiment soured on issues ranging from trade worries, Italy's 2019 budget, higher U.S. interest rates and growth concerns in China that led to a slump in Chinese shares in the previous session......»»

Category: topSource: reutersOct 18th, 2018

Global stocks tumble on souring sentiment; oil falls

Stocks fell sharply on Thursday while the Japanese yen rose in a move toward safety assets, with traders citing the Sino-U.S. trade war, Italy's budget concerns and a widening gap between the United States and Saudi Arabia......»»

Category: topSource: reutersOct 18th, 2018

Wall Street drops on Italy, Saudi Arabia worry

U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy's budget and concerns mounted over the possibility of strained relations between the U.S. and Saudi Arabia. Fred Katayama reports......»»

Category: videoSource: reutersOct 18th, 2018

EU Slams Italy"s "Unprecedented" Budget Deviation, Euro Tumbles

If there was any .....»»

Category: blogSource: zerohedgeOct 18th, 2018

Euro Tumbles After EU Blasts Italy"s "Unprecedented" Budget Deviation

If there was any .....»»

Category: blogSource: zerohedgeOct 18th, 2018

Lacalle: Italy"s Problem Is Not The Euro, It"s Political Spending

Authored by Daniel Lacalle via, The Italian government has created another massive turmoil in European markets with its 2019 budget proposal. Not only does it represent a huge increase in a country that already has 131% of debt .....»»

Category: blogSource: zerohedgeOct 18th, 2018

Denmark And Italy Fight Back Against Open Borders As Populism Swells Across Europe

Authored by Jon Hall via Free Market Shooter blog, On the heels of the United.....»»

Category: blogSource: zerohedgeOct 17th, 2018

Italy"s Government Passes Draft Budget That Would Widen Deficit

Italy’s government approved a draft budget law for next year, confirming a set of expansionary measures that could lead to a fast-rising deficit and a conflict with the European Union......»»

Category: topSource: wsjOct 16th, 2018

Italian Cabinet Approves 2019 Budget, Sends Plan To Brussels

Italy's cabinet on approved the country's expansionary 2019 budget bill late on Monday, Prime Minister Prime Minister Giuseppe Conte said. Conte .....»»

Category: blogSource: zerohedgeOct 15th, 2018