Italy is feeling the pinch. Not only is its economy still struggling amid the European debt crisis, but factors from politics to competition from China, within its very shores, are complicating its problems.
Roubini, Bremmer at Davos: U.S. Can’t Do More on World Stage
Davos interview brings comments on Clinton hearing and Obama’s ‘I have a Drone’ speech.
Spain Risks ECB Wrath With Unemployment Extension
Calling the move “just” in a country with unemployment near 25%, Prime Minister Mariano Rajoy also said that he was still considering asking for help from Europe to combat cripplingly high bond yields.
ECB Battle: Draghi vs. Weidmann
ECB President Mario Draghi is challenging Bundesbank President Jens Weidmann’s opposition to a plan for the ECB to reenter the bond markets.
Italy Next, Austrian Minister Says
Mere days after Spain received a bailout deal, wary investors and some eurozone officials turned their attention to Italy, proving that contagion fears are far from soothed.
Sarkozy, Austerity Are Losers in E.U. Elections
Europe could be in for change, if voters in three different countries over the weekend have anything to say about it.
Norway Dumps Bonds as Elections Loom
As the possibility of drastic change hovers over France and Greece, with elections to be held Sunday, Norway has warned that Europe is in for a rough ride.
What Lies Ahead for the Euro?
Would Italy be where it is today had Berlusconi planned its public finances as well as he planned his private events?
Greece, Italy Face Shifting Governments
The financial crisis that brought down the leaders of both Greece and Italy is not finished with the nations yet. The two Mediterranean states must now focus on who will lead their new governments through the turmoil of their debt crises.
More Downgrades Hit Spain, Italian Banks
Spain was hit on Tuesday with its third downgrade in 13 months as Moody’s Investors Service dropped the troubled country’s rating two notches and left the outlook negative. Italy did not escape the day unscathed, either, as Standard & Poor’s hit its banking system, downgrading 24 banks and the nation's...