ROME - The European Central Bank's bond buying programme will give a decisive boost to Italy's stagnant economy, business lobby Confindustria said on Saturday, while the Bank of Italy said it would make it easier to pass reforms.
DAVOS, Switzerland - Italy's reforms of the cooperative bank sector should set off a wave of consolidation, opening up more access to capital and facilitating deals that could help other banks including Monte dei Paschi, Economy Minister Pier Carlo Padoan said on Wednesday.
ROME - Italy's Senate approved an amendment to a new electoral law on Wednesday, paving the way for the passage of a cornerstone of Prime Minister Matteo Renzi's reform programme in the upper house next week.
VIENNA - UniCredit SpA plans to expand its already strong presence in central and eastern Europe and is on the lookout for possible buys, the Italian bank said, lured by the region's long-term growth potential despite short-term difficulties.
ROME - Italy will probably come out of recession in the first quarter and then continue to post weak growth for the foreseeable future but decisive policy action is needed for a firmer recovery, the deputy governor of the Bank of Italy said on Monday.
MILAN - Italian luxury group Salvatore Ferragamo's December sales outpaced its expectations due to growth in all of its markets, Chief Executive Michele Norsa said on Sunday.
ROME - Italy has expelled nine suspected Islamist militants so far this year as part of a heightened security alert throughout Europe and could make further expulsions, Interior Minister Angelino Alfano said on Sunday.
ROME - Italian Economy Minister Pier Carlo Padoan has called for the European Central Bank (ECB) to launch its expected bond-buying programme "without constraints", saying he hoped its impact was not watered down and fragmented along national lines.
ROME - Two Italian aid workers taken hostage in Syria five months ago have been released and will soon return home, Italy's government said on Thursday.
ROME/FRANKFURT - Executives from Monte dei Paschi di Siena are making a last-ditch effort to persuade the euro zone's new banking supervisor Daniele Nouy to ease her demands on the Italian lender, sources close to the matter said, as the regulator takes a more robust approach to risk.
TOKYO - Japanese Prime Minister Shinzo Abe on Sunday called the killing of a Japanese captive by Islamic State militants "outrageous" and again demanded the group release a second Japanese national they are holding. | Video