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Italy recovery fragile: IMF

Last Updated: Wednesday, June 18, 2014, 00:19

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

Italian economy falls back in blow for Renzi

Last Updated: Thursday, May 15, 2014, 16:09

Italy's economy unexpectedly moved back into negative territory in the first quarter due to poor industrial results.

Italy Cabinet moves to trim perks, help low earners

Last Updated: Saturday, April 19, 2014, 02:30

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.

Moody's maintains Italy rating but improves outlook

Last Updated: Saturday, February 15, 2014, 09:22

Moody`s kept Italy`s debt rating unchanged at a low Baa2 investment grade Friday but improved its outlook from negative to stable as the country moved to choose a new premier.

Reforms initiated to revive crisis-hit Europe: Italian PM

Last Updated: Thursday, January 24, 2013, 14:17

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.

Italy within reach of economic recovery: Mario Monti

Last Updated: Thursday, September 06, 2012, 12:34

Italy has averted the worst case scenario of the debt crisis and economic recovery in the eurozone's third largest economy is within reach, Italian Prime Minister Mario Monti said.

IMF warns Italy of downside risks, pushes more reforms

Last Updated: Wednesday, July 11, 2012, 13:20

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`s Euro final loss blow to economic prospects

Last Updated: Tuesday, July 03, 2012, 22:54

Italy`s economic prospects took a blow over the weekend, without the release of a single key economic indicator or any significant economic news. It was because Italy was soundly defeated in the European championship final Sunday.

Italy does not need EU help: Monti

Last Updated: Wednesday, June 13, 2012, 19:18

Italian Prime Minister Mario Monti has denied that his country requires any bailout from its European partners.

Italy must rapidly implement, extend reforms: Central bank

Last Updated: Sunday, February 19, 2012, 09:30

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.

Euro, equities fall on Italy debt concern

Last Updated: Monday, November 07, 2011, 18:40

The euro and global stocks fell on Monday as political uncertainty in Italy fueled concern the euro zone debt crisis could engulf its third biggest economy, prompting investors to cut exposure to riskier assets.

S&P cuts Italy ratings one notch, outlook negative

Last Updated: Tuesday, September 20, 2011, 08:29

Standard and Poor's cut its unsolicited ratings on Italy by one notch on Monday, warning of a deteriorating growth outlook and damaging political uncertainty, in a move that took markets by surprise and added to pressure on the debt-stressed euro zone.