Italy's Renzi rules out corrective budget, pension cuts


ROME - Italian Prime Minister Matteo Renzi denied on Thursday that his government planned to raise taxes, cut pensions or adopt corrective measures to rein in the budget deficit this year.


Italy to delay budget update to accommodate new EU rules 21 Aug 2014

ROME - Italy will release its regular autumn budget in October rather than September to allow it to use the European Union's most up-to-date accounting methods.

Germany, Italy say prepared to send weapons to Iraq's Kurds 20 Aug 2014

BERLIN/ROME - Germany and Italy joined Britain and France on Wednesday in saying they would arm Iraqi Kurdish security forces fighting Islamic State militants in northern Iraq, in close coordination with the Baghdad central government.


Telecom Italia board to meet next week on GVT -source 19 Aug 2014

MILAN - Telecom Italia will hold a board meeting next week to discuss an offer to acquire Vivendi SA's Brazilian broadband unit GVT SA, a source close to the matter said on Tuesday.

Italy says two boat migrants die, 1,500 saved as total passes 100,000 15 Aug 2014

ROME - Two boat migrants died among almost 1,500 rescued by Italy in the last 24 hours, authorities said on Friday as the total number reaching Italian shores this year passed 100,000.


Vatican had to re-send pope's message to China, Vatican says 15 Aug 2014

SEOUL - China may not have received a message Pope Francis sent from his plane on his way to South Korea on Thursday, so it was re-sent through Beijing's embassy to Italy, the Vatican said on Friday.


Italian journalist, three bomb disposal experts, two others killed in Gaza 13 Aug 2014

GAZA - An Italian journalist, three Palestinian bomb disposal experts and two other people were killed in Gaza on Wednesday when unexploded munitions blew up, medical officials and police said.


Italy's Renzi, ECB's Draghi hold 'secret' meeting as economy slides 13 Aug 2014

MILAN - Italian Prime Minister Matteo Renzi confirmed on Wednesday that he met European Central Bank President Mario Draghi this week, just days after Draghi urged faster action to overhaul Italy's economy.


Roberto Cavalli in takeover talks with sanctioned VTB Bank's investment unit - sources 12 Aug 2014

LONDON - Italian designer Roberto Cavalli is in talks to sell a majority stake in his eponymous fashion house to VTB Capital, the investment arm of Russia's second largest lender, VTB Bank, two sources close to the company said.


Alitalia secures rescue with long-awaited Etihad deal 08 Aug 2014

ROME - Abu Dhabi-based Etihad Airways will buy almost half of Alitalia and invest 560 million euros (£447.65 million) into the lossmaking Italian airline in a turnaround effort that will involve heavy job losses under a long-delayed deal signed on Friday.


Israeli aircraft bomb Gaza, five Palestinians killed

GAZA/JERUSALEM - Israeli aircraft bombed the Gaza Strip on Saturday and Palestinian militants fired rockets at the Jewish state, the military said, with no end in sight to the deadliest violence between the sides in years.