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Italy's Osteria Francescana scoops world's best restaurant prize


BILBAO, Spain Italy's Osteria Francescana took the top spot at the World's 50 Best Restaurants awards ceremony on Tuesday, garnering praise for playful use of local ingredients in dishes including "Five Ages of Parmigiano Reggiano". | Video

Bids seen near top of 3.5-10 billion euro range in Banco BPM's bad loan sale - source 19 Jun 2018

LONDON Suitors eying the debt recovery unit of Banco BPM are expected to take on bad loans for an amount close to the top of a 3.5-10 billion euro (£3-£8.8 billion) range set by the Italian bank, a source familiar with the bidding process said.


EU tries to ease German and Italian concerns over migration 19 Jun 2018

BRUSSELS European Union leaders will try to reassure Germany and Italy over migration at a summit next week as a stand-off in Berlin threatens Chancellor Angela Merkel's ruling coalition.


Italy wants EU border agency in Africa, not at sea 19 Jun 2018

ROME Italy wants Europe's border agency to stop migrants in transit countries before they board boats rather than working in the Mediterranean, Transport Minister Danilo Toninelli said on Tuesday.


'Quitaly' risk premium lingers even as Italy's new government commits to euro 19 Jun 2018

LONDON Italian financial assets still carry a risk premium regardless of the new government's commitment to euro membership, with the coalition's promised spending plans still expected to trigger a clash with European Union authorities later his year.

Italy's doBank plans to take on $17 billion more in bad loans 19 Jun 2018

MILAN Italy's doBank plans to take on the management of a further 15 billion euros (12.83 billion pounds) in bad loans by 2020 as it strives to preserve its sector leadership amid rising competition.


Merkel to support Italy in tackling migration challenge 18 Jun 2018

BERLIN German Chancellor Angela Merkel said on Monday she wanted to support Italy in its efforts to reduce the number of migrants arriving on its shores, possibly handling asylum requests for Europe in non-European countries including Libya.


Italian interior minister wants census of Roma communities 18 Jun 2018

ROME Italy's new government plans to carry out a census of the Roma community with an eye to kicking out anyone staying in the country illegally, Interior Minister Matteo Salvini said on Monday.


Boat caught in Europe's migration spat brings hundreds to Spain 18 Jun 2018

VALENCIA, Spain Rescued migrants turned away by Italy and Malta arrived at the Spanish port of Valencia on Sunday, ending a gruelling Mediterranean odyssey that became symbolic of Europe's failure to agree on immigration. | Video


Italy demands Netherlands recall NGO migrant rescue ships 16 Jun 2018

ROME Italy on Saturday demanded that the Netherlands recall two Dutch-flagged migrant rescue ships after one of the non-governmental organisations that operate them called Rome's interior minister a fascist.