Italian economy
# italian-economy - Friday 26 April, 2013
Berlusconi wants new government to ‘confront’ EU’s austerity agenda
The 76-year-old former premier is set to join a new grand coalition – and says he’s hoping to be made the Minister for Finance.
# italian-economy - Tuesday 26 February, 2013
Ireland’s Italians dump Berlusconi and vote for anti-establishment comedian
Italy allows expatriates abroad to vote in parliamentary elections – with Beppe Grillo’s Five Star Movement leading here.
Second election likely in Italy as Bersani fails to seal grip on power
Silvio Berlusconi’s strength in key regions means Pier Luigi Bersani cannot claim power, with another election now due.
# italian-economy - Monday 25 February, 2013
Early results show no clear winner in Italian election
Pier Luigi Bersani’s coalition wins the house, but Silvio Berlusconi takes enough Senate support to mean no clear winner.
# italian-economy - Sunday 24 February, 2013
Explainer: Everything you need to know about today’s Italian election
Who’s running? What’s at stake? How are they picked? And is Silvio Berlusconi really in line for a fourth term in office?
# italian-economy - Monday 18 June, 2012
Euro crisis: Spanish cost of borrowing hits 7pc as investors seek safety
The costs had fallen after Greece’s election, but are back up this morning as the fear of contagion remains…
# italian-economy - Tuesday 12 June, 2012
Euro crisis: Spain’s cost of borrowing rockets as Lagarde warns of ‘race against time’
If you were lending cash to the Spanish government for 10 years, you’d get an annual interest rate of 6.76 per cent.
# italian-economy - Tuesday 15 May, 2012
# italian-economy - Wednesday 18 April, 2012
Italian government puts back ‘balanced budget’ plan to 2015
Mario Monti’s government says the economy will shrink three times more than expected, and that they’ll need more time.
# italian-economy - Tuesday 21 February, 2012
# italian-economy - Friday 17 February, 2012
Monti to close Italian Church property tax loophole
Mario Monti’s moves to end a waiver on property taxes comes just as the Holy See shows concern at its financial state.
# italian-economy - Tuesday 14 February, 2012
Interest rates plunge as Italy raises €6 billion in new auction
What downgrade? Italy flogs billions in 12-year bonds with interest rates falling dramatically on a similar bond last month.
# italian-economy - Thursday 22 December, 2011
Italian parliament passes vote of confidence in Monti’s government
The Italian senate follows the chamber of deputies in passing a motion of confidence in Mario Monti’s technocratic cabinet.
# italian-economy - Thursday 15 December, 2011
Monti calls vote of confidence on latest €33bn cuts package
Mario Monti wants to be totally sure that he retains the support of the Italian parliament as he presents yet more austerity.
# italian-economy - Monday 5 December, 2011
WATCH: Italian welfare minister cries during austerity announcements
Elsa Fornero breaks down in tears as she announces moves to cut the link between welfare payments and inflation.
# italian-economy - Tuesday 29 November, 2011
Italy pays nearly 8 per cent for three-year bonds
Italy faces its highest cost of borrowing ever, raising €3.5bn through the sale of three-year bonds at rates of 7.9 per cent.
# italian-economy - Friday 25 November, 2011
Italy heads for bailout territory after awful bond auction
Italy raises €10bn in two short-term auctions – but sees its interest rates go through the roof, and into unsustainable levels.
# italian-economy - Monday 21 November, 2011
Student study: Ireland could write off 85 per cent of its European debt
The pan-European ESCP business school says Ireland could get rid of €184bn in debts – by simply cancelling them out with others.
# italian-economy - Friday 18 November, 2011
Berlusconi threatens to scupper confidence vote in new government
Silvio Berlusconi has reportedly said he will bring down Mario Monti’s independent government if he disapproves of its policies.
# italian-economy - Thursday 17 November, 2011
Spain in the firing line as borrowing costs hit new highs
The price of borrowing for Spain is approaching the 7 per cent barrier, after both Spain and France struggled with bond auctions.
# italian-economy - Wednesday 16 November, 2011
Monti announces Italian cabinet – and will be his own finance minister
The new Italian cabinet is made up mostly of independent technocrats, and will see Monti double up as PM and finance minister.
Monti set to announce new Italian government
Mario Monti completes two days of tense negotiations, and is set to present his new government to the president this morning.
# italian-economy - Tuesday 15 November, 2011
Italian borrowing costs spike again as coalition talks go on
The markets seem nervous about Mario Monti’s attempts to form a government – while a Spanish bond auction also goes badly.
# italian-economy - Wednesday 9 November, 2011
Italian bonds hit 7.4 per cent as Europe enters crisis mode
The price of borrowing for the Italian government is now at the same level which prompted bailouts for Ireland and Portugal.
# italian-economy - Wednesday 5 October, 2011
# italian-economy - Monday 12 September, 2011
ECB spent €14bn on Spanish and Italian bonds last week…
…and its input was virtually worthless, because prices today are pretty much exactly where they were seven days ago.
# italian-economy - Saturday 10 September, 2011
# italian-economy - Wednesday 7 September, 2011
Merkel welcomes ruling, but insists: ‘We will never back Eurobonds’
Angela Merkel welcomes the Constitutional Court’s decision – but says it does not mean the emergence of a closer fiscal union.
Germany’s Constitutional court upholds participation in EU bailouts
Germany was not acting unconstitutionally in sanctioning a Greek bailout, the court says – though future bailouts need greater approval.
# italian-economy - Tuesday 6 September, 2011
Markets take a nose dive as bond crisis returns with a bang
Christine Lagarde says there’s a “crisis of confidence”. No kidding: markets are slipping while borrowing costs are back on the up.
# italian-economy - Saturday 3 September, 2011
ECB demands that Italy plough ahead with tough austerity plans
Silvio Berlusconi has been forced to drop some plans in a bid to win political support – but Jean-Claude Trichet isn’t too pleased.
# italian-economy - Monday 29 August, 2011
# italian-economy - Monday 22 August, 2011
# italian-economy - Friday 12 August, 2011
What is ‘short selling’ – and has it made any difference to the markets?
Italy, Spain, France and Belgium ban investors from betting on falls – but the main markets still slip on their opening.
# italian-economy - Monday 8 August, 2011
Dow disaster: 632-point drop is the 6th-worst in history
The Dow Jones ends its day deep in the red, as the S&P loses 6.6 per cent and the NASDAQ sheds nearly 7 per cent of its value.
Take 5: Monday
5 stories, 5 minutes, 5 o’clock.
US markets continue nosedive as investors dump shares for bonds
The US bond market responds brilliantly to the S&P downgrade, but the world’s stock markets are the obvious victims.
# italian-economy - Thursday 4 August, 2011
# italian-economy - Tuesday 2 August, 2011
Europe teeters on the brink as Spanish, Italian borrowing costs rise
If it was borrowing today, Spain would pay 6.3 per cent interest for a 10-year loan – a level that can’t be sustained.
# italian-economy - Wednesday 27 July, 2011
Bailed-out Ireland could stump up €11.1 billion… to pay for new bailout fund
The new European Stability Mechanism will need will claw back a huge amount of the loans it’s already giving us.



























































