Italian economy

Eurozone growth strengthens in first quarter

The eurozone has benefitted from sharply lower oil prices.

May 13, 2015, 16:17 PM IST

Italian PM hands out ice cream in response to magazine cover

Italian Prime Minister Matteo Renzi has handed out ice creams to journalists at his official residence in a lighthearted response to a cover of the Economist weekly showing him on a sinking ship, cone in hand.

Aug 30, 2014, 06:36 AM IST

Italian economy contracts 0.2% in Q3, heads for harsh recession

Italy's GDP in the third quarter of 2011 dropped by 0.2 percent from the second quarter, marking the first contraction for almost two years, said the country's national statistics agency Istat Wednesday.

Dec 22, 2011, 14:29 PM IST

Italy borrowing cost soars as euro pressure mounts

Italy's borrowing costs hit a euro lifetime peak of nearly 8 percent on Tuesday as pressure on euro zone finance ministers intensified to staunch a two-year-old debt crisis that is blighting the world economy.

Nov 29, 2011, 20:31 PM IST

Italy denounces Standard & Poor's downgrade

The Italian government Tuesday denounced a decision by Standard & Poor's to downgrade its sovereign debt rating, saying the move had been clouded by political considerations.

Sep 20, 2011, 18:58 PM IST

Moody's postpones decision on Italy's downgrade for a month

Moody's international rating agency has extended its review for possible downgrade of Italy's Aa2 local and foreign currency government bond ratings, it said in a statement Saturday.

Sep 17, 2011, 19:25 PM IST

Italian PM flirts with MP amid crucial discussions

Silvio Berlusconi is currently facing a charge of having sex with an underage prostitute.

Aug 05, 2011, 13:13 PM IST

Italian PM hosts another ‘bunga bunga’ party

Silvio Berlusconi is currently facing a charge of having sex with an underage prostitute.

Aug 04, 2011, 10:36 AM IST

Italian economy grows for first time in over a year

Italy exited recession in the third quarter of the year when its gross domestic product rose 0.6 percent, according to a preliminary estimate released by the central statistics agency ISTAT.

Nov 16, 2009, 15:52 PM IST