ROME, Jan 18 The Italian economy will grow just
0.6 percent this year, the Bank of Italy said on Friday,
slashing a projection of 1.0 percent made a month ago due to
trade tensions and a weaker investment outlook.
ROME The Italian government on Thursday approved flagship reforms of the welfare and pension system, election pledges of the anti-establishment 5-Star Movement and the right-wing League, which mark a major overhaul of the country's welfare state.
* "Citizens' income" is main policy pledge of 5-Star
ROME The Italian parliament on Saturday passed the government's 2019 budget just ahead of an end-year deadline, following last week's deal with the European Commission which calmed financial markets and averted a risk of fines against Rome. | Video
ROME Italian Prime Minister Giuseppe Conte on Friday vigorously defended the government's 2019 budget as parliament held an acrimonious debate on the package, which needs to be approved by the end of the year to take effect on Jan. 1.
ROME The Italian parliament on Tuesday approved a package of measures to crack down on public sector corruption and improve the efficiency of the justice system, two problems which have long dogged the euro zone's third largest economy.
ROME Italy's surprise decision to sharply cut its budget deficit goal does little to address the problems of its finances or a deeper debate over EU fiscal rules, but may serve the real purpose of easing market pressure and playing for time.
ROME Right-wing firebrand Matteo Salvini is softening his eurosceptic policies in a bid to capture the middle ground of Italian politics and eventually take centre-stage in Europe, even if it means disappointing his more radical supporters.
ROME Italy's ruling League party will accept only a minor reduction to next year's budget deficit target, senior party sources said on Thursday, conceding little to Brussels, which says the plan breaks European Union public finance rules.
ROME The Italian parliament begins voting this week on the government's contested 2019 budget, with Prime Minister Giuseppe Conte optimistic that a deal can be agreed with the European Commission.