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.
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.
Nov 25, 2011 The news from Europe this morning starts with Italy, which had to pay a euro-era record rate to borrow money from the bond market. Meanwhile, Hungary's bonds were downgraded to junk status.
Nov 14, 2011 Newly-appointed Italian prime minister Mario Monti begins to form a new government. But the economist won't just be trying to appeal to domestic voters -- he also must satisfy foreign investors.
Nov 14, 2011 Amid the uproar over Italy's rising borrowing costs, some forget that the country managed to pay even higher interest rates on a heavy debt burden back in the 1990s.
Nov 14, 2011 It isn't just debt that plagues the Italian economy. Newly-appointed prime minister Mario Monti will need to increase tax collection, reduce bureaucracy and reform the economy at the root.