The foundations of Italy's warring coalition parties are being shaken by the huge debt being faced by Rome and the urgent need for a financial bailout
Italy’s warring coalition partners are meeting today to try to decide on an urgent financial bailout for the city of Rome.
The capital's €12 billion debt must be restructured to avoid defaulting, but the League and the Five Star movement are far apart on the issue.
2018 review: EU and Rome at loggerheads over budget and debt
Italy revealed it's aiming for a 2019 budget deficit of 2.4% of gross domestic product — significantly higher than the 1.6% previously announced.
How worried should Europe be if the Italian crisis is portrayed by Eurosceptics as financial markets defying the will of Italian voters?
Officials warn incoming Italian government to keep its debt under control
There was no outright winner in the vote, but major gains for anti-establishment parties.
Italy's economy grew by just 0.2 percent in the fourth quarter of 2016 and 1.0 percent year-on-year national statistics institute ISTAT says.
Italy's biggest bank UniCredit is selling 13 billion euros of new shares to rebuild its capital reserves following writedowns on bad loans.
The Italian government is reportedly ready to pump 15 billion euros into Monte dei Paschi di Siena, and other troubled Italian banks.
Italy’s budget may not meet EU fiscal targets, according to the bloc’s executive body.
The political crisis provoked by former prime minister Silvio Berlusconi’s People of Freedom Party ministers resigning their cabinet posts on his
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
In Italy, these demonstrators are protesting against what they see as a precarious job future.
It is estimated that 8 million Italians, or one