Tag: Italy
ItalyItalian Army on call to deal with growing violence; links with Greek anarchists
Italy's Prime Minister has not ruled out bringing in the army to deal with the increasing levels of violence across the country. PM Mario Monti raised alert levels Sunday at sensitive sites across the country after a rebel group shot and wounded the head of the state-controlled nuclear energy company, Ansaldo Nucleare.
EC and Italy call on Argentina to fulfil its international commitments
European Commission Vice President Antonio Tajani addressed Argentina's plan to expropriate 51% of the 57.43% share-package Spanish ran Oil Company Repsol owns, during a speech at the European Parliament on Wednesday. From Rome Italy also voiced its concern with events regarding YPF and trade restrictions.
Italy fears about Spain; Madrid says: ‘total nonsense to make comparisons with Greece”
Italian Prime Minister Mario Monti expressed concern about Spain's public finances and said it would not take much to reignite the Euro zone debt crisis and revive the risk of it spreading to Italy.
Italy in recession; Greece receives bail out; Spain the new challenge
Italy is in recession, final data confirmed Monday. Italy's economy shrank 0.7% in the fourth quarter of 2011, following a 0.2% decline in GDP in the third quarter.
S&P and Fitch downgrade Spain’s top banks: Santander and BBVA
Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA were among 15 Spain-based financial firms downgraded by Standard & Poor's after the credit-ratings company reduced the nation's grade last month.
Captain Schettino’s lover admits she was in the Concordia bridge when the crash
The Moldovan blonde spotted with the captain of the shipwrecked Costa Concordia, Francesco Schettino, on the night of the disaster, has told Italian investigators she is in love with him.
Fitch downgrades Italy and Spain ratings; Milan police raid agencies offices
The credit ratings of Italy, Spain and three other Euro-area countries were cut by Fitch Ratings, which said the five nations lack financing flexibility in the face of the regional debt crisis.
Tapes confirm Costa Concordia told by managers to steam close to the shore when the accident
The captain of the doomed Italian liner Costa Concordia said he was told by managers to take his ship close in to shore on the night it ran aground and capsized, according to bugged conversations leaked in Italian newspapers.
Costa Concordia captain claims he was ordered to make the fatal ‘salute’ display
The operators of the Costa Concordia faced questions over their share of the blame for the shipwreck, as divers recovered another body from the stricken liner, bringing the known death toll to 13.
EU shipping safety review to take full account of Costa Concordia sinking
A review of EU passenger ship safety rules is being stepped up following the Costa Concordia shipwreck off the Italian coast. Europe’s transport Commissioner Siim Kallas announced Friday that the review, which began in 2010, must take full account of the circumstances surrounding the sinking of the cruise vessel Costa Concordia in shallow water a week ago.
