Tag: Italy

• Tuesday, March 5th 2019 - 09:32 UTC

  Pope Francis will open Vatican archives on Pius XII and the Holocaust

  

  Pope Francis has said the Roman Catholic Church will open up its archives on Pius XII, who was Pope during World War Two. Pius, who was Pope from 1939 to 1958, has been accused of tolerating the rise of Nazi Germany and of not doing enough to protect Jews during the Holocaust. The Vatican says he worked behind the scenes to try to protect Jews.

• Saturday, March 2nd 2019 - 01:14 UTC

  Uruguay’s Chancellor on Venezuela: “We have a problem and it is the attitude of Luis Almagro”

  

  The Minister of Foreign Affairs of Uruguay, Rodolfo Nin Novoa, ratified his position on Friday on a peaceful solution to the political and institutional crisis suffered by Venezuela along with his Italian counterpart, Enzo Moavero Milanesi in Montevideo. The Uruguayan chancellor questioned the attitude of the secretary general of the Organization of American States (OAS), Luis Almagro, considering that he took sides on the Venezuelan conflict.

• Monday, February 18th 2019 - 09:00 UTC

  Princess Cruises expands her fleet

  

  In an industry-first, events took place at Fincantieri shipyard in Monfalcone, Italy, to mark the construction progress for each of the 3,660-guest Sky Princess, Enchanted Princess and a sixth Royal-class ship yet to be named. For Sky Princess, which will launch in October this year, a Madrina ceremony was held.

• Friday, February 1st 2019 - 11:15 UTC

  Italian economy in recession, and likely to continue during the year

  

  Italy's economy tipped into recession at the end of last year, according to latest figures. In the final three months of 2018, the economy shrank by 0.2%, following a 0.1% decline in the third quarter, the Istat statistics office said. Italian Prime Minister Giuseppe Conte said the contraction was likely to continue into 2019.

• Thursday, December 27th 2018 - 08:53 UTC

  Mount Etna in Sicily hit by a magnitude 4.8 earthquake: 30 people injured

  

  An earthquake with a magnitude of 4.8 hit an area north of Catania on the slopes of Mount Etna in Sicily early on Wednesday, damaging buildings and injuring about 30 people, officials said.

• Friday, December 14th 2018 - 08:58 UTC

  Travel group Tui profits up on rise in hotel and cruise bookings

  

  A rise in hotel and cruise bookings has helped European travel group Tui sail through another year with more than 10% growth in profits. It said next year, profits would grow a similar amount as customers also bought more excursions and holiday activities. Tui has seen double-digit growth for the last four years.

• Thursday, November 29th 2018 - 09:30 UTC

  World leaders fly to Buenos Aires for G20, but little consensus for a final declaration

  

  United States President Donald Trump jets into Argentina on Thursday for a G20 summit, keen to do battle with China on trade and sharpening his rhetoric against Russia over Ukraine. The weekend summit is confronted with increasingly dire warnings, by the International Monetary Fund among others, of the potential harm faced by the world economy from Trump's trade wars.

• Tuesday, November 27th 2018 - 08:44 UTC

  Italy confirms its high spending budget to “end poverty” and defies EU rules

  

  Italy's government says it will stick to its high-spending budget plans, setting up a potential stand-off with the European Union over its deficit. PM Giuseppe Conte, who held talks with deputies Matteo Salvini and Luigi Di Maio on Monday, said the objectives for 2019 had already been fixed.

• Wednesday, November 14th 2018 - 08:50 UTC

  Italy ignores EC deadline and keeps to its high spending budget

  

  The Italian government has defied the European Commission by sticking to its big-spending budget plan. Deputy Prime Minister Matteo Salvini said a deficit target of 2.4% and a growth forecast of 1.5% were unchanged.

• Saturday, October 27th 2018 - 09:01 UTC

  S&P lowers Italy's outlook to negative; criticizes Rome's economic and fiscal policies

  

  Standard & Poor’s on Friday left Italy’s sovereign debt rating unchanged but lowered its outlook to negative from stable, saying that the new government’s policy plans were weighing on the country’s growth and debt prospects.