The world’s oldest operating bank Monte dei Paschi needs to raise five billion euros by the end of this month, and sources say it now looks headed for a state…
Markets were a little edgy at the opening - the Milan stock exchange fell as much as 2 percent - but most investors don't expect the country will leave the euro zone.
Investor confidence in Italian banks ability to raise money to cover bad debt takes a tumble as fears over government's future weigh on market.
Patrizio Bianchi, Regional Minister for Coordination of the European Policies for Growth, Education, Vocational training, University, Research and Employment, Emilia-Romagna Region, Italy talks about
Italy's industrial production declined by less than expected in September, with a healthy gain of 1.2 percent from July to September.
Italy's Monte dei Paschi says its restructuring plan includes writing off bad loans, job cuts and raising five billion euros in new capital.
It has been confirmed Italy's economy stagnated in the period from April to June not growing at all from the first three months of the year.
German factory orders unexpectedly fell in June as demand from eurozone countries plunged by 8.5 percent compared to May.
Italian bank Monte dei Paschi di Siena is reportedly about to be removed from the STOXX Europe 600 index - a listing of the region's top shares.
Italy's Prime Minister Matteo Renzi has been talking up the country's third largest bank, Banca Monte dei Paschi di Siena, even after it received the worst score in Europe-wide stress tests.
A mountain of bad debts and a lack of capital reserves are fueling an Italian banking crisis, which has been thrown into sharp focus by Britain's vote to leave the European Union.
The Italian government faces growing protests over the rescue of four banks which saw thousands of investors lose money. The Economy Minister Pier
Italy’s biggest sale of state assets in a decade failed initially to generate much excitement on the Milan stock exchange. The government’s disposal
The Italian budget unveiled on Thursday by the prime minister is a mixture of tax cuts and investment that may please the people – and cause rumbles
SMEs are the lifeblood of Europe's economy, accounting for 85% of its workforce. But they need to innovate and invest to prosper.
April brought a cold shower to Italian businesses after eight straight months of rises. ISTAT’s manufacturing confidence index registered a
The Italian economy could post its first year of expansion in 2015 after a three-year recession. That’s a prediction by the Organisation for
Social innovation is one of the fastest growing trends in Europe. Its founded on the idea that social needs can be met while creating competitiveness
The sound of back-pedaling could be heard in Berlin on Monday after fiery comments by Angela Merkel at the weekend about the French and Italian
Tens of thousands have taken to the streets of Rome protesting against Prime Minister Matteo Renzi’s plans to overhaul the labour market. Renzi has
Spanish telecoms group Telefonica has agreed to buy an 11.1 percent stake in Mediaset, the Italian pay-TV business of Silvio Berlusconi, for 100
Italian workers’ wages edged up in May. They rose 1.3 percent from the same month last year. That compared with April’s 30-year low of a 1.2
In the stunning Cadore Valley in the heart of the Italian Dolomite mountains, for many years, the local economy thrived from making glasses but the
Italy’s state-backed companies are undergoing a major shake-up and a sexual revolution. Having pledged to break with old-style cronyism, New Prime
Lapo Elkann is known for his innovative designs and fashion flair. He is part of Italy’s famous Fiat family but has in his own words, “created my own
After writing off bad debts, Intesa Sanpaolo has posted a surprise full-year net loss of 4.55 billion euros. Shares of Italy’s biggest high street
We start this edition of Reporter with a guided tour by La Corriere della Sera journalist Sergio Rizzo “Rome is really the city which sums up all