Tag Archives: Italy

Italy pushes austerity measures

Italy would “collapse” like Greece if it does not adopt harsh austerity measures, Prime Minister Mario Monti warned on Monday when his draconian plans got a boost from the financial markets and

Italy pushes through austerity

Italy’s Senate approved a new budget law on Friday, clearing the way for approval of the package in the lower house on Saturday and the formation of an emergency government to replace

US stocks slump as Italy bond yields soar

US stocks slumped, following a two- day advance in the Standard & Poor’s 500 Index, as a surge in Italian bond yields to euro-era records bolstered concern that Europe’s sovereign debt crisis

Berlusconi vows reform, Opp demands new govt

Italian Prime Minister Silvio Berlusconi repeated on Tuesday that reform measures promised at an EU summit last week would be applied with determination and he would explain them to leaders from the

Italy’s capital flight

In August, the European balance-of-payments crisis moved beyond the Eurozone’s periphery and began buffeting Italy. Interest spreads for Italian government bonds began to rise, Prime Minister Silvio Berlusconi’s administration was alarmed enough

Italy, Holland in Bridge semis

Defending Champion USA-2, USA-1, Italy and the host Netherlands advanced into the semifinals of the 40th Bermuda Bowl World Bridge Championship at Veldhoven (The Netherlands) after winning their quarterfinals in contrasting styles