Europe Debt, Mario Monti | featured news

EU pushes more moves to stem debt crisis

Eurozone Crisis

European Union officials pushed on Saturday to accelerate moves to stem the bloc's long debt crisis as Italian premier Mario Monti warned that economic suffering was fuelling divisive nationalism on the continent.

 

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.

 

Italy's Mass Protest: Tens Of Thousands Rally Against Cuts, Hikes, Reforms

Tens of thousands of Italian workers rallied in Rome on Saturday to protest pension cuts, tax hikes and labor reforms imposed by the government of Mario Monti and to demand more stable work, particularly for the young. The demonstration organized by Italy's main labor unions came a day after Monti's latest effort to stave off contagion from Europe's debt crisis. His Cabinet on Friday approved measures worth (EURO)80 billion ($100 billion) to spur economic growth, streamline the notoriously bloated public sector and lower the national debt.

 

Italy shifts priority from austerity to growth

Italian Prime Minister Mario Monti declared on Wednesday that reviving economic growth now had to take priority over belt tightening that could plunge the country deeper into recession.

 

Monti forms new Italian govt with no politicians

Monti forms new Italian govt with no politicians

Economist Mario Monti formed a new Italian government without a single politician Wednesday, drawing from the ranks of bankers, diplomats and business executives to make sure Italy escapes looming financial disaster....

Senh: Nice. Politicians in America have been pretty useless. Let's how a government without them can do. It's unique and bold move.

 

Italy's new premier Mario Monti moves forward with new gov't

Italy's new premier Mario Monti moves forward with new gov't

Italy's premier-designate Mario Monti began talks Monday to create a new government tasked with overhauling an ailing economy.

 

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