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Gavin Jones

Italy readies banking union proposals after winning ESM delay

05 Dec 2019

ROME Economy Minister Roberto Gualtieri said on Thursday Italy would present its own proposals on European banking union after the country blocked a euro zone reform of its bailout fund due to a dispute among Rome's ruling parties.

Bank of Italy chief calls ESM reform step in right direction

04 Dec 2019

ROME Bank of Italy Governor Ignazio Visco on Wednesday backed a contested reform of the euro zone's bailout fund and said it needed to pave the way for broader euro zone financial integration.

Italy PM defends reform of euro zone bailout fund but seeks concessions

03 Dec 2019

ROME Prime Minister Giuseppe Conte told parliament on Monday a contested reform of the euro zone's bailout fund was in Italy's national interest, but that it should only be adopted as a package alongside other measures.

From euro to ESM, Italy's Salvini re-trains his eurosceptic fire

26 Nov 2019

ROME Matteo Salvini has recently dropped threats to take Italy out of the euro zone but the hard-right leader is now alarming European authorities with a new target for his eurosceptic anger: a planned reform of the region's bailout fund.

Italy's 5-Star rejects leader's call to snub upcoming elections

21 Nov 2019

ROME Members of Italy's anti-establishment 5-Star Movement on Thursday rejected a call from party chief Luigi Di Maio to pull out of upcoming regional elections, in a surprise move that underlines Di Maio's difficulties as leader.

Italy's alarm over reform of euro zone bailout fund may be overblown

21 Nov 2019

BRUSSELS/ROME A political storm has erupted in Italy over reform of the euro zone's bailout fund, known as the European Stability Mechanism (ESM).

Furore erupts in Italy over euro zone bailout fund reform

19 Nov 2019

ROME Proposals to reform the euro zone's bailout fund are creating a political storm in Italy, where parties and institutions are battling over whether Rome should try to block the reform at the EU level.

5-Star's crisis threatens Italian government's survival

18 Nov 2019

ROME The 5-Star Movement, senior partner in two coalitions since last year's national election, is struggling with internal strife and falling support which threaten the survival of Italy's two-month old government.

ECB's Visco urges caution on euro zone bailout fund proposals

15 Nov 2019

ROME European Central Bank Governing Council member Ignazio Visco said on Friday he was in favor of reforming the euro zone's bailout fund but that some proposals carried risks that needed to be carefully considered.

Exclusive: Italy to make climate change study compulsory in schools

05 Nov 2019

ROME Italy will next year become the world's first country to make it compulsory for schoolchildren to study climate change and sustainable development, Education Minister Lorenzo Fioramonti said.

World News

U.S. House committee postpones votes on articles of impeachment

U.S. lawmakers will vote Friday on whether to move forward with impeaching Republican President Donald Trump, as the Democratic head of the Judiciary Committee shocked Republicans by declining to hold a late-night vote after a hearing that lasted more than 14 hours.