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With no clear victor, uncertainty wins Italy's election
Feb 26, 2013
Global stock markets are falling this morning after preliminary election results in Italy indicate no political party won a clear majority in parliament.
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Italy election: Bombastic billionaire Berlusconi versus austerity
Feb 22, 2013
Italian media magnate and former Prime Minister Silvio Berlusconi is seeking re-election at the polls this weekend. But will the country take him back or stick with their austerity agenda?
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Europe faces up to the cost of austerity
Feb 22, 2013
Today, the European Commission said the euro zone will shrink another 0.3 percent in 2013, which is deeper and longer lasting than originally expected.
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Which is scarier: Dow 14,000 or European debt?
Feb 4, 2013
After a week of near-record highs, Wall Street appears worried again -- one of the culprits may be new concerns about the European debt crisis.
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Mario Monti open to leading Italy again
Dec 24, 2012
The outgoing Prime Minister of Italy, Mario Monti, has said he would would be prepared to head up any new government committed to his economic reforms.
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Italian Finance Minister: Election may strengthen reform resolve
Dec 17, 2012
Italian Finance Minister Vittorio Grilli shares his views on Italy's economic stability, challenges ahead, and the country's political future.
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Italy's political worries scare investors
Dec 10, 2012
The last thing the global economy needed was more political upheaval in Europe. But that's what we're getting. Italian prime minister Mario Monti plans to resign, and there will be elections early in 2013.
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Italian PM Mario Monti announces plans to step down
Dec 10, 2012
Italy, the third biggest economy in the euro zone, has been plunged into political turmoil as Prime Minister Mario Monti has announced plans to step down.
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What's up, Europe? Small talk turns to finance in Italy
Jul 24, 2012
A number of Southern Italian cities, including the entire province of Sicily, are on the verge of bankruptcy.
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Italian debt rating downgraded two levels
Jul 13, 2012
In Europe today, the focus has shifted from Spain to Italy, in the ongoing EU debt crisis. Moody's credit rating agency has downgraded Italian debt to just two levels above junk status.
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