ROME Italy's government will cut "a few billion" euros from its two main reforms in order to hit the new deficit target it proposed to the European Commission, Deputy Industry Minister Dario Galli said on Thursday.
ROME/PADUA, Dec 9 Italy's deputy prime minister,
Matteo Salvini, normally relishes confrontation, but now the
firebrand populist is under attack from a place he calls home.
ROME/PADUA Italy's deputy prime minister, Matteo Salvini, normally relishes confrontation, but now the firebrand populist is under attack from a place he calls home.
ROME Italy's economy contracted in the third quarter for the first time in four years, data showed on Friday, and employers' lobby Confindustria said the country may already be heading into recession.
ROME The Italian economy could tumble into recession during the fourth quarter of this year, the chief economist of industrialist lobby Confindustria, Andrea Montanino, told Reuters.
ROME Italy's ruling League party is working to create a single broadband network that would be put under state control, one of its senior lawmakers, Alessandro Morelli, said on Thursday.
ROME Italy said on Thursday it would resist pressure from Brussels to revise its big-spending budget, effectively daring EU authorities to punish it with fines ahead of May's European parliamentary elections.
ROME/MILAN Telecom Italia (TIM) appointed Luigi Gubitosi as chief executive on Sunday, in a move seen as portending a more aggressive shake-up at the phone group and prompting his predecessor to call for a shareholder vote on the strategy turn.
ROME, Nov 18 Telecom Italia (TIM)
appointed veteran Italian manager Luigi Gubitosi as chief
executive by a majority vote on Sunday, in a move seen as
portending a more aggressive shake-up at Italy's biggest phone
ROME Italy told the European Commission on Monday it would stick to its contested 2019 budget plans in defiance of EU fiscal rules, but promised not to inflate its deficit any further in the years ahead. | Video