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Breaking News Fri, 27 Jan 2012
Italian Premier Mario Monti briefs the media in Rome, Sunday, Dec. 4, 2011.
(photo: AP / Pier Paolo Cito)
Italy wants rescue fund 'doubled'
France24
| AFP - Italian Prime Minister Mario Monti is pushing to double the size of Europe's permanent bailout fund to one billion euros ($1.3 billion), a German media report to be published on Monday said. | News weekly Der Spiegel said Monti wanted the planned 500-billion-euro European Stability Mechanism...
Greek Minister of Finance Evangelos Venizelos, speaks to media after his meeting with Greek President Karolos Papoulias in Athens, Thursday Sept.22, 2011.
(photo: AP / Petros Giannakouris)
Europe exhales after another good week
Breitbart
| Greek Finance Minister Evangelos Venizelos leaves Maximou mansion after... | Charles Dallara, right, and Jean Lemiere from the Institute of International... | FRANKFURT, Germany (AP) - Europe has taken a step back from the brink. | Three weeks into the year, borrowing rates for debt-saddled countr...
La Scala fears the squeeze as hard times hit Italy
NZ Herald
| La Scala's general manager hopes Italian Premier Mario Monti's Government will avoid cutting spending for culture, noting that music and theatre can help to unite people. | Stephane Lissner said the famed Milan opera house would have a hard time ba...
Fitch cuts Italy, Spain, other euro zone ratings
KDVR
| NEW YORK (Reuters) - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years. | In a statement, the ratings agency said the af...
Sister ship of Italian Costa Concordia arrives in San Francisco
Business Journal
Patrick Twohy Senior Editor - San Francisco Business Times Email | The Costa Deliziosa, a sister ship of the cruise ship that sank off the coast of Italy, arrived in San Francisco on Friday for an overnight stay. | Click on the image to view a short ...
A look at economic developments around the globe
The Tribune San Luis Obispo
| A look at economic developments and activity in major stock markets around the world Friday: | --- | MADRID - Spain's brutal unemployment rate soared to nearly 23 percent and closed in on 50 percent for those under age 25, leaving more than five mi...
A look at economic developments around the globe
The Miami Herald
| A look at economic developments and activity in major stock markets around the world Friday: | --- | MADRID - Spain's brutal unemployment rate soared to nearly 23 percent and closed in on 50 percent for those under age 25, leaving more than five mi...
JPMorgan Chase Tower
Public Domain / WhisperToMe
JPMorgan could lose $5 bn from PIIGS exposure: Report
The Times Of India
MILAN: JPMorgan Chase & Co could lose up to $5 billion from its exposure to Portugal, Ireland, Italy, Greece and Spain, Chief Executive Jamie Dimon said in an interview with Class ...
A sign of Royal Bank of Scotland (RBS) at a branch in central London, Tuesday, Feb. 10, 2009
AP / Sang Tan
FTSE 100: Banks rebound but disappointing Italy bond auction caps blue chip gains
The Daily Telegraph
Royal Bank of Scotland helped to lead the large-caps marginally higher, but the index's gains were capped as some in the market were disappointed by demand at an Italian debt aucti...
Passersby stop to look at the stock market quotations at the window of a bank in downtown Milan, Italy, Tuesday night, Nov. 11, 2008.
AP / Luca Bruno
Italy, Spain easily raise $28 billion
Richmond Times Dispatch
MADRID -- | Spain and Italy gave financial markets a boost Thursday as they successfully raised nearly $27.98 billion in two keenly watched debt auctions that showed renewed invest...
Cruise ship victims mull $14,460 compensation deal
The Tribune San Luis Obispo
| How much is it worth to suffer through a terrifying cruise ship grounding? | Italian ship operator Costa Crociere SpA on Friday put the figure at euro11,000 ($14,460) plus reimbursement for the cost of cruise tickets and extra travel expenses, seek...
Cruise ship victims mull $14,460 compensation deal
Lexington Herald-Leader
| ROME — How much is it worth to suffer through a terrifying cruise ship grounding? | Italian ship operator Costa Crociere SpA on Friday put the figure at euro11,000 ($14,460) plus reimbursement for the cost of cruise tickets and extr...
Cruise ship victims mull $14,460 compensation deal
Springfield News-Sun
| ROME — How much is it worth to suffer through a terrifying cruise ship grounding? | Italian ship operator Costa Crociere SpA on Friday put the figure at €11,000 ($14,460) plus reimbursement for the cost of cruise tickets and extra travel...
Economy
Italian Prime Minister Mario Monti, left, and European Commission President Jose Manuel Barroso participate in a joint media conference at EU headquarters in Brussels, on Tuesday, Nov. 22, 2011.
(photo: AP / Virginia Mayo)
Italian PM says City will not get special protection
The Independent
| Speaking on a visit to London, Mr Monti said even those who, like him, were ready to consider Britain's requests – which included a guarantee that future decisions on financial regulation would have to be taken unanimously – were "very clear in saying that is not an acceptable condition". | Mr Monti also hinted that it was misguided...



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