Italy Economy

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.

Mar 31, 2015, 15:10 PM IST

Italy recovery fragile: IMF

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

Jun 18, 2014, 00:19 AM IST

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.

Apr 19, 2014, 02:30 AM IST

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.

Jan 24, 2013, 14:17 PM IST

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.

Jul 11, 2012, 13:20 PM IST

Italy`s Euro final loss blow to economic prospects

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.

Jul 03, 2012, 22:54 PM IST

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.

Feb 19, 2012, 09:30 AM IST

Euro, equities fall on Italy debt concern

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.

Nov 07, 2011, 18:40 PM IST

S&P cuts Italy ratings one notch, outlook negative

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.

Sep 20, 2011, 08:29 AM IST