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  • Treasury yield curve flattens further; stocks tick up - Reuters
    on June 26, 2017 at 8:20 pm

    ReutersTreasury yield curve flattens further; stocks tick upReutersEuropean shares rose the most in five sessions as banks rallied after Italy reached a deal to wind up two failed regional lenders. Nestle (NESN.S) jumped 4.3 percent, the most in almost six years, after an activist investor urged changes at the world's ...and more » […]

  • Italy's €17bn bank crisis is the fruit of unworkable EU policies -
    on June 26, 2017 at 7:06 pm's €17bn bank crisis is the fruit of unworkable EU emergency plan unveiled by EU regulators on Friday night bails out senior bondholders and depositors above €100,000, leaving Italian taxpayers to foot the bill. This could reach 1pc of GDP and push Italy's public debt to 133pc of GDP. While such a ... […]

  • Italy Bank Rescue Divides Europe - New York Times
    on June 26, 2017 at 5:45 pm

    Financial TimesItaly Bank Rescue Divides EuropeNew York TimesFRANKFURT — Italy's multi-billion-euro closure of two lenders drew sharp criticism on Monday for hurting a project devised to underpin confidence in the euro zone during the financial crash. As lawmakers digested details of the rescue, which involves ...Italy Is Bailing Out 2 Failing Banks for Up To $19 BillionFortuneBerlin leads backlash against Italian bank rescueFinancial TimesStock markets buoyed by Italian banks rescue but critics say it has killed banking unionCNBCThe Guardian -CNNMoney -Times of India -Times of Indiaall 325 news articles » […]

  • He's Back! Berlusconi takes center stage in Italy - Fox News
    on June 26, 2017 at 5:27 pm

    Fox NewsHe's Back! Berlusconi takes center stage in ItalyFox NewsYes, the one-time cruise boat crooner who became a Midas-like media magnate and later served as Italy's prime minister three times, exhumed himself from the political cemetery this week. Once disgraced as an aged lecher, Berlusconi, at age 80, is once ...Berlusconi hails Italy poll revival as Renzi loses groundBBC NewsItaly's centre-right wins big in mayoral elections as left crumblesThe GuardianKingmaker once again - Silvio Berlusconi's party triumphs in elections as Italy looks ahead to national -Reuters -Bloomberg -POLITICO.euall 41 news articles » […]

  • Italian police use tear gas on migrants trying to enter France - Reuters
    on June 26, 2017 at 4:46 pm

    Italian police use tear gas on migrants trying to enter FranceReuters"France, France, go France, no Italy, no Italia, go France," one of the migrants, who was not identified by name, was filmed saying. The group was seen walking up a motorway towards the French border when the confrontation with Italian police took place.and more » […]

  • Markets relieved after Italy agrees €17bn bank rescue – as it happened - The Guardian
    on June 26, 2017 at 3:25 pm

    The GuardianMarkets relieved after Italy agrees €17bn bank rescue – as it happenedThe GuardianFirst, as Capital Economics argues, the “doom loop” between Italian banks and the Italian government remains a worry. If taxpayers can be on the hook at two regional banks, they may also be exposed if and when the banks more important and the sums ... […]

  • Gessica Notaro: Acid attack victim and former Miss Italy finalist returns to work after horrific assault - The Independent
    on June 26, 2017 at 1:50 pm

    The IndependentGessica Notaro: Acid attack victim and former Miss Italy finalist returns to work after horrific assaultThe IndependentA former Miss Italy finalist who was the victim of an acid attack, has returned to work at the aquarium where she trains sea lions. Gessica Notaro received severe burns to her face in January when she was doused in hydrochloric acid. Her ex-boyfriend ... […]

  • Spain vs. Italy: European U21 Championship Live Stream, Schedule, Prediction - Bleacher Report
    on June 26, 2017 at 6:30 am

    Bleacher ReportSpain vs. Italy: European U21 Championship Live Stream, Schedule, PredictionBleacher ReportSpain face Italy in the semi-final of the 2017 UEFA European Under-21 Championship at the Krakow Stadium in Poland on Tuesday. This is a rematch of the 2013 final and Spain will be fancied to win again thanks to perhaps the deepest and most talented ...Spain v Italy Under-21 Euros Betting: Azzurrini to prove early match ...Goal.comNo Spain-Italy favourites | Football ItaliaFootball Italiaall 9 news articles » […]

  • 'Brexit,' Lewis Hamilton, Italy: Your Monday Briefing - New York Times
    on June 26, 2017 at 4:27 am

    New York Times'Brexit,' Lewis Hamilton, Italy: Your Monday BriefingNew York TimesThe authorities have ordered the evacuation of thousands of people from buildings with the same kind of flammable facade Grenfell Tower had. Some are refusing to leave. Meanwhile, Prime Minister Theresa May's government today is expected to outline its ... […]

  • Italy sets aside €17bn to wind down failing lenders - Financial Times
    on June 25, 2017 at 5:38 pm

    Financial TimesItaly sets aside €17bn to wind down failing lendersFinancial TimesItaly has moved to shore up confidence in its fragile banking system after agreeing to pump €5bn of taxpayers' money into two failed mid-sized banks while handing their good assets to Intesa Sanpaolo, the country's strongest lender. Pier Carlo Padoan ...and more » […]

News feed provided by The Local Italy

  • Vatican says China bishop 'forcibly removed' by authorities
    on June 26, 2017 at 3:05 pm

    The Vatican expressed "grave concern" on Monday for one of its bishops in China, saying he was being held in an unknown location after being "forcibly removed" from his diocese. […]

  • Motorcycling: Biaggi out of intensive care
    on June 26, 2017 at 3:00 pm

    Italian motorcycling star Max Biaggi has left intensive care in a Rome hospital two weeks after being admitted following a training accident, he revealed on Twitter. […]

  • Italian bears barely bearing Up
    on June 26, 2017 at 2:41 pm

    Italy has its own subspecies of bear – but there are only 50 left […]

  • Mini Pompeii found in Rome during metro line excavations
    on June 26, 2017 at 12:38 pm

    Excavations to finish metro Line C in the capital continue to throw up ancient Roman archeological finds. After a military barracks last year, the latest discovery is two Pompeian buildings near the Aurelian Wall. […]

  • Where to get the cheapest (and most extortionate) coffee
    on June 26, 2017 at 10:58 am

    No matter where you go in Italy, Italians are passionate about their coffee. But some pay a higher price for their passion than others. Find out where to get you bargain macchiato and where to expressly avoid espressi. […]

  • Centre-right makes surprising gains in mayoral elections
    on June 26, 2017 at 9:03 am

    The centre-right coalition prevailed in local council elections in several major northern towns, weakening the grip of Matteo Renzi's centre-left Democratic Party (Pd) and strengthening the marginal far-right Lega Nord. […]

  • Government to pay 17 billion euro to save two banks
    on June 26, 2017 at 8:36 am

    Italy will pay up to 17 billion euros ($19 billion) to break up two insolvent Venetian banks, which have posed a threat to country's banking system, the government announced Sunday. Both face bankruptcy and European authorities had urged Italy to devise a rescue framework, selling off the good assets of the stricken Banca Popolare di Vicenza and Veneto Banca and transferring their toxic assets to a "bad bank," essentially financed by Rome. […]

  • Extreme weather conditions hammer northern Italy
    on June 26, 2017 at 7:26 am

    Two councils declared a state of emergency while others reported extreme floods, hailstorms and damage to infrastructure over the weekend across northern Italy. A teenage boy is missing too after being dragged away by strong currents in the Adda River. […]

  • Rome out to rescue two troubled banks
    on June 24, 2017 at 3:44 pm

    At the 11th hour, the Italian government has vowed to rescue two troubled Venetian banks with the aid of a retail bank, plus billions of taxpayers' cash. […]

  • Italy fines BA, Etihad over 'no-show' ticket rules
    on June 23, 2017 at 3:17 pm

    Italy's competition watchdog on Friday fined British Airways and Etihad Airways for failing to adequately inform customers booking online that return legs of roundtrip tickets would be cancelled if they failed to travel on the outward journey. […]

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