Latest Stories (43)
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.
Apr 27, 2011
Pope John Paul II is getting beatified by the Vatican this Sunday. And while the spring season is usually a busy one for Rome and Vatican City, the big event seems to be keeping regular tourists away.
Mar 12, 2009
Italian artist Francesco Vezzoli has been advertising his irresistible new perfume, "Greed," in an art gallery in Rome. But the big-budget, celebrity-boosted product doesn't actually exist. Megan Williams reports.
Dec 12, 2008
A $270 billion deal would use investment strategies and tax cuts to bring up Europe's employment numbers and trigger multinational growth. The plan will likely go through despite Germany's reticence. Megan Williams reports.
Oct 31, 2008
With European governments spending billions to bail out banks, investors are buying insurance against countries defaulting. Megan Williams looks into popular doubt that some countries can repay their debt.