Europe, Italy | featured news

Milan politician accused of mafia vote-buying

The housing commissioner of Milan's regional government was arrested Wednesday on accusations he paid €200,000 ($260,000) to mobsters in exchange for an election victory — the latest in a series of scandals involving Italian public officials accused of abusing their power or profiting from their jobs.

 

Royals mull response to topless Kate pix in Italy

Prince William's office says it is reviewing "all proportionate responses" to the planned publication by an Italian gossip magazine of topless photos of William's wife Kate....

 

Italian magazine to publish topless Kate pix

An Italian gossip magazine owned by former Premier Silvio Berlusconi says it plans to publish topless photos of Prince William's wife Kate.

 

China’s rise isn’t squeezing Europe as much as you’d think

Some countries are hard-hit, like Portugal, Greece, and Italy in the case of textiles, but most countries actually come out ahead. So is rising Chinese productivity good? To quote Sam Shakusky, who’s to say? Portuguese workers certainly don’t seem to win from an increase in textile productivity. But most European workers actually come out ahead. What’s more, productivity growth will also almost certainly lead to rising wages in China, lifting hundreds of millions of people out of poverty and raising the standard of living considerably in the world’s largest country. That may be the most important factor here.

 

Prehistoric tiny bugs found trapped in amber

Scientists have found three well preserved ancient insects frozen in amber - and time - in what is Earth's oldest bug trap. The discoveries of amber-encased insects in Italy may sound like something out of "Jurassic Park" but these bugs are even older than that. They are about 230 million years old, which puts them in the Triassic time period, and about 100 million years older than what had been the previously known oldest critters trapped in fossilized tree resin, or amber.

 

Italian PM sees end of crisis getting closer

Mario Monti

Italian Prime Minister Mario Monti said on Sunday the end of the economic crisis in his country was in sight and that the euro zone must not let the single currency become a source of friction between the north and south in the bloc.

 

Moody's cuts Italy's debt rating

Credit rating agency Moody's cuts Italy's standing and warns the country is likely to see a sharp rise in borrowing costs.

 

Italy eyes euro zone aid to ease debt pain

Euro Zone

Italy said on Tuesday it may want to tap euro zone aid to ease its borrowing costs as finance ministers struggled to convince markets they are getting a grip on the bloc's debt crisis, which a top European Central Banker said could escalate.

 

Battle over Spain, Italy rescue erupts at EU summit

Italy and Spain, battling searing market pressure in the euro zone's widening debt crisis, blocked agreement on measures to promote growth at a European Union summit on Thursday to demand urgent action to bring down their borrowing costs.

 

Italy wants euro rescue funds to buy its debt

Italy put forward a proposal at a G20 summit in Mexico on Tuesday for the euro zone's rescue funds to start buying the debt of distressed European countries, and the idea is expected to be discussed at a meeting of leaders in Rome on Friday.

 

Subscribe to this RSS topic: Syndicate content