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Italian debt

Europe

Italy may miss fiscal targets: EU

Italy’s budget may not meet EU fiscal targets, according to the bloc’s executive body.

Italy’s budget may not meet EU fiscal targets, according to the bloc’s executive body.

News

EC gives tentative green light to French and Italian budgets

The European Commission has tentatively approved the state budgets of France and Italy. The EU executive gained new powers to police eurozone

The European Commission has tentatively approved the state budgets of France and Italy. The EU executive gained new powers to police eurozone

News

Italy getting easier ride on international bond market

The cost of borrowing for the Italian government continues to fall, and the economy has been given a further boost by a ratings agency upgrade

The cost of borrowing for the Italian government continues to fall, and the economy has been given a further boost by a ratings agency upgrade

News

Counting the cost of Italy's political crisis

The political crisis provoked by former prime minister Silvio Berlusconi’s People of Freedom Party ministers resigning their cabinet posts on his

The political crisis provoked by former prime minister Silvio Berlusconi’s People of Freedom Party ministers resigning their cabinet posts on his

Business

Political uncertainty hits Italian bonds

Worries over Italy’s fragile ruling coalition government and Rome’s plans to issue more debt this year are keeping the country’s borrowing costs

Worries over Italy’s fragile ruling coalition government and Rome’s plans to issue more debt this year are keeping the country’s borrowing costs

Business

OECD downbeat on Italy

The Organisation for Economic Cooperation and Development has just delivered yet more bad news for Italy’s new prime minister. It is now

The Organisation for Economic Cooperation and Development has just delivered yet more bad news for Italy’s new prime minister. It is now

News

New Italian cabinet gets first green light

The newly-formed Italian cabinet has faced its first political test. The lower house of the Italian parliament – the Chamber of Deputies – voted in

The newly-formed Italian cabinet has faced its first political test. The lower house of the Italian parliament – the Chamber of Deputies – voted in

Business

The price of Italy's coalition

The price that Enrico Letta, the new Italian prime minister, had had to pay for the centre-right group of billionaire businessman Silvio Berlusconi

The price that Enrico Letta, the new Italian prime minister, had had to pay for the centre-right group of billionaire businessman Silvio Berlusconi

Business

Italy tries for stimulus, at a cost

In Italy the outgoing government of technocrat prime minister Mario Monti has revealed it is going to pump 40 billion euros into the recession-hit

In Italy the outgoing government of technocrat prime minister Mario Monti has revealed it is going to pump 40 billion euros into the recession-hit

Business

Italy survives another bond test

Italy’s medium term borrowing costs have risen to their highest since December. The amount of interest it had to offer on government bonds maturing

Italy’s medium term borrowing costs have risen to their highest since December. The amount of interest it had to offer on government bonds maturing

Business

Election costs Italy another downgrade

Fitch cut Italy’s sovereign credit rating on Friday. It was reduced from A-minus to BBB-plus with a negative outlook. The rating agency said

Fitch cut Italy’s sovereign credit rating on Friday. It was reduced from A-minus to BBB-plus with a negative outlook. The rating agency said

Business

Italy survives bond auction test

Italy has paid the price for its latest political crisis as its borrowing costs rose to their highest in four months. The test came on Wednesday

Italy has paid the price for its latest political crisis as its borrowing costs rose to their highest in four months. The test came on Wednesday

Business

Rome pays the price of uncertainty

The Italian government’s borrowing costs shot up on Tuesday in the wake of the inconclusive parliamentary election. There was a big increase in the

The Italian government’s borrowing costs shot up on Tuesday in the wake of the inconclusive parliamentary election. There was a big increase in the

News

Italy wants cross border action to tackle the mafia

Two years ago, one of Italy’s most powerful crime groups, the ‘Ndrangheta, found some 40 of its associates put behind bars in the capital of the

Two years ago, one of Italy’s most powerful crime groups, the ‘Ndrangheta, found some 40 of its associates put behind bars in the capital of the

Business

Italy pays a shade more for December debt

The final auction of the year of long-term Italian debt went off smoothly today, three billion euros worth at 4.48%, only slightly up from a similar

The final auction of the year of long-term Italian debt went off smoothly today, three billion euros worth at 4.48%, only slightly up from a similar

Business

Italy passes debt test

Italy’s borrowing costs fell at its latest auction of short-term government bonds. That means Rome has passed the first debt test since technocrat

Italy’s borrowing costs fell at its latest auction of short-term government bonds. That means Rome has passed the first debt test since technocrat

Business

Italy's borrowing costs fall below one per cent

Italy’s borrowing costs for six-month debt fell to the lowest average level since April 2010. Exactly one year ago Italy was borrowing at a massive

Italy’s borrowing costs for six-month debt fell to the lowest average level since April 2010. Exactly one year ago Italy was borrowing at a massive

News

Italy workers protest as PM makes optimistic economic prediction

Italian Prime Minister Mario Monti has promised that signs of economic recovery will emerge in the next new months. His prediction came as tens of

Italian Prime Minister Mario Monti has promised that signs of economic recovery will emerge in the next new months. His prediction came as tens of

News

Italian unions call for public sector strike

Italy’s two biggest unions called on civil servants to strike on Friday in protest at government spending cuts. Prime Minister Mario Monti has

Italy’s two biggest unions called on civil servants to strike on Friday in protest at government spending cuts. Prime Minister Mario Monti has

Business

Austerity hit Italians shop less

Retail sales in Italy were down in July for the fourth month running. The continued fall in spending by Italian shoppers highlighting the effect of

Retail sales in Italy were down in July for the fourth month running. The continued fall in spending by Italian shoppers highlighting the effect of

Business

Italy's debt costs fall

Italy’s two-year borrowing costs fell nearly two percentage points at an auction of debt on Tuesday. Rome sold all it wanted to – three billion

Italy’s two-year borrowing costs fell nearly two percentage points at an auction of debt on Tuesday. Rome sold all it wanted to – three billion

Business

Italy's debts deepen from helping other eurozone countries

Deeper and deeper – Italy’s public debt hit an all-time high in June of almost two trillion euros. The figures were released by the central bank

Deeper and deeper – Italy’s public debt hit an all-time high in June of almost two trillion euros. The figures were released by the central bank

News

Italy's economy dealt another tough blow

Italy’s economic outlook is moving from bad to worse according to ratings agency, Moody’s. It has downgraded 13 Italian banks, three days after

Italy’s economic outlook is moving from bad to worse according to ratings agency, Moody’s. It has downgraded 13 Italian banks, three days after

News

Moody's downgrades Italian banks

Moody’s has cut the credit ratings of a string of Italian banks. They include Intesa SanPaolo and Unicredit, who were downgraded from A3 to Baa2 –

Moody’s has cut the credit ratings of a string of Italian banks. They include Intesa SanPaolo and Unicredit, who were downgraded from A3 to Baa2 –

Business

Italy easily sells bonds despite ratings downgrade

The Italian government has shown that it is still able to borrow money at affordable rates of interest, despite getting a further thumbs down from

The Italian government has shown that it is still able to borrow money at affordable rates of interest, despite getting a further thumbs down from

News

United front as Merkel meets Monti in Rome

Italy and Germany are ready to face the economic downturn together – that is the message coming from both countries’ leaders as German Chancellor

Italy and Germany are ready to face the economic downturn together – that is the message coming from both countries’ leaders as German Chancellor

News

Italy's Lega Nord seek second wind

Italy’s struggle to master its debt and deficit excesses by pursuing higher taxes has raised the intensity of protests by the prosperous north. The

Italy’s struggle to master its debt and deficit excesses by pursuing higher taxes has raised the intensity of protests by the prosperous north. The

News

EU summit preview: what Italy wants

Italy heads into this week’s EU summit with arguably a renewed sense of its role and purpose in Europe. But the Italian economy is still suffering

Italy heads into this week’s EU summit with arguably a renewed sense of its role and purpose in Europe. But the Italian economy is still suffering

News

Italy PM tells MPs to back tough spending cuts

As speculation mounts that Italy will be the next debt domino to fall in the eurozone crisis, Prime Minister Mario Monti has told MP’s to back his

As speculation mounts that Italy will be the next debt domino to fall in the eurozone crisis, Prime Minister Mario Monti has told MP’s to back his