Jan 11, 2012 In Greece, tax collectors are on strike to protest benefit cuts while in Italy, the government was able to borrow $9 billion to help pay for services, but banks willing to lend also demanded a high return.
Dec 28, 2011 Iran has repeated its threat to block the Straight of Hormuz where about a-fifth of the world's oil passes through. In Italy today, investors seemed happy to buy up the country's debt.
Jan 11, 2012 A vote today in Italy passes a round of austerity measures suggested by newly appointed Prime Minister Mario Monti. But is it enough to make a dent in the problem?
Dec 5, 2011 The new leader of Italy has announced a plan for tax increases and spending cuts to deal with the ongoing debt crisis in the country
Dec 5, 2011 After months of protest, it appears Italians may finally be ready to work with the government to fix the nation's crumbling economy.
Dec 5, 2011 It is a big week for the European debt crisis, as French and German leaders plan for a meeting Friday.
Dec 5, 2011 News from Europe today shows positive steps towards solving the debt crisis, on the micro and macro level.
Nov 29, 2011 There's been a lot of talk recently about the need to ring-fence certain economies in Europe. These aren't the economies that have defaulted or been bailed out; these are the economies that are too big to fail. Italy is the most glaring example.
Nov 28, 2011 The new initiative seeks citizens' help to bail the country out. Even so, towering debt remains a huge problem for Italy.