This ad will auto close in 10 seconds

Italy jobless figures on the rise again

The jobless rate rose to 12.7 percent, up 0.1 percentage points from January, data from the national statistics institute (ISTAT) showed on Tuesday.

Italy recovery fragile: IMF

Official data, including a rise in industrial production, showed growth should pick up again in the second quarter.

Italy Cabinet moves to trim perks, help low earners

Italian Prime Minister Matteo Renzi on Friday hailed a "structural revolution" after his cabinet approved a round of tax and spending cuts including a limit of five chauffeured cars per government ministry.

Reforms initiated to revive crisis-hit Europe: Italian PM

Europe might have fallen behind the curve in tackling the debt turmoil but reforms are happening to ensure growth and prosperity in the region, Italian Prime Minister Mario Monti has said.

IMF warns Italy of downside risks, pushes more reforms

IMF expected the recovery would take hold in early 2013, led by a modest pickup in exports, but would lag behind the rest of the region.

Italy must rapidly implement, extend reforms: Central bank

Italy's central bank governor urged the government on Saturday to rapidly implement planned reforms and take further steps to support the euro zone's third-biggest economy, which he said would shrink by around 1.5 percent this year.