Backing Austerity, Italy Bids to End Deficit by 2014
The lower house voted 316 to 284 for the measures, in what politicians called the fastest approval of a budget bill in modern Italian history. The upper house approved the bill on Thursday. Prime...
View ArticleItalian Workers Strike Against Austerity Measures
The eight-hour strike shut down transport and businesses nationwide. It was called by the C.G.I.L. union, which represents 2 million public and private sector workers, in opposition to a 45.5...
View ArticleItaly’s Borrowing Costs Rise Amid Uncertainty About Rescue
European Union and International Monetary Fund officials hoped that the deal announced early Thursday would soothe market anxiety by easing the terms of Greece’s debt repayments enough to avoid...
View ArticleItalian Bond Rates Rise to New Levels
Is the endgame near for Italy? Interest rates on Italian bonds rose to euro-era records on Monday, close to the level that have forced Greece, Ireland and Portugal to seek financial rescues. Most...
View ArticleNews Analysis: Italian Deadlock Rekindles Anxiety About Euro Zone
Judging by the panic that seized financial markets on Monday and carried over into European stock and bond trading on Tuesday, the answer seems to be no. After months of calm, investors are nervous,...
View ArticleInside Europe: Jolt From Italy’s Elections May Not Be Enough
BRUSSELS — European policy makers should be asking themselves, “Who lost Italy?” after a grass-roots revolt against austerity, unemployment and the political elite caused an electoral earthquake in the...
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