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Italy Debt

The Stalemate in Italy Could Destabilize Europe

Georges Ugeux | Posted 05.28.2013 | Business
Georges Ugeux

With the announcement that the attempts by the Democrats to form a government have been derailed by what the Economist characterizes as two clowns, former Prime Minister Silvio Berlusconi and Beppe Grillo, the situation in Italy gets more dangerous.


Reuters | Posted 04.27.2013 | World

* Global markets shaken by fears of new euro zone instability * Vote is stunning success for populist movement * Berlus...

Italy Must Reschedule Its Debt Now

Georges Ugeux | Posted 05.19.2012 | Business
Georges Ugeux

Greece was a problem, but the collapse of Italy is not manageable. Fifty percent of the Italian debt will mature in the next two years. This is a Damocles sword, and it is not going away any time soon.

LIVE UPDATES Italian Short-Term Debt Costs Half At Auction, But Concerns Still Loom

Posted 12.28.2011 | Business

MILAN (Reuters) - Italian short-term debt costs halved at auction on Wednesday as a new package of budget austerity and an injection of cheap long...

Rod Kurtz

How Is The European Debt Crisis Affecting Your Business? | Rod Kurtz | Posted 01.10.2012 | Small Business

Main Street can feel pretty far away from, say, the piazzas of Rome and the platias of Athens. But the recent political and economic turmoil in Italy,...

Our Leadership Crisis

Richard Attias | Posted 01.10.2012 | Business
Richard Attias

When people are fighting adversity every day they want politicians whom they trust, and if those don't appear there is trouble.

Italian Borrowing Costs Hit Record High

Posted 01.09.2012 | Business

Italian borrowing costs reached breaking point on Wednesday after Prime Minister Silvio Berlusconi's promise to resign failed to raise optimism ab...

Can China Save Europe?

Tom Devonshire | Posted 11.19.2011 | Business
Tom Devonshire

The Chinese could quite easily sort out Europe in one fell swoop. Why would China get involved in Europe's mess though? In short, it is not in China's interest for Europe to fail.

Europe Tackles Soaring Interest Rates In Spain, Italy

AP | DAVID McHUGH and GABRIELE STEINHAUSER | Posted 10.08.2011 | Business

FRANKFURT, Germany — The European Central Bank pulled Italy and Spain back from immediate financial disaster on Monday, driving down the countri...

Amid Crisis, Italy Seeks Budget-Balancing Constitutional Amendment

AP | FRANCES D'EMILIO | Posted 10.05.2011 | Business

ROME — Italy pledged on Friday to work swiftly for a constitutional amendment requiring the government to balance its budget, as Rome feverishly...

Europe's Second-Biggest Debtor Nation Calls Emergency Talks

AP | TOMOKO A. HOSAKA | Posted 10.02.2011 | Business

ROME (Giselda Vagnoni and James Mackenzie) - Financial market pressure on Italy intensified on Tuesday, sucking Europe's second biggest debtor natio...

Eight European Banks Flunk Stress Tests

Associated Press | Posted 09.14.2011 | Business

FRANKFURT, Germany (AP) — Europe's banking regulator says eight of 90 banks flunked stress tests that project how they would fare in another recessi...

Italy Plans To Bolster Austerity Plan, Pass Through Parliament By Friday

AP | COLLEEN BARRY | Posted 09.12.2011 | Business

(AP) MILAN -- Italy will strengthen its package of austerity measures and get it through parliament by Friday, finance minister Giulio Tremonti pledge...

Merkel: EU Bailout Fund would halt speculators

AP | AOIFE WHITE | Posted 05.25.2011 | Business

BRUSSELS — European officials urged the U.S. to join in a crackdown on speculators who bet against Europe's currency union, warning they might b...

European Union's Cutbacks For Indebted Countries Feed Worries Of A "Second Great Depression"

AP | SHAWN POGATCHNIK and PAN PYLAS | Posted 05.25.2011 | Business

DUBLIN — To keep its debt crisis from mushrooming out of control, the European Union is imposing harsh cutbacks on millions of ordinary people i...

George Soros: The euro will face bigger tests than Greece | George Soros | Posted 05.25.2011 | Business

The construction of the Euro, George Soros writes, "is patently flawed. A fully fledged currency requires both a central bank and a Treasury. The Trea...