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Italy

Italy 1/21/2012

15:45 : Dairy workers from Punjab keep Italy's Parmesan industry going - Dairy workers from Punjab keep Italy's Parmesan industry goingOver the past two decades, thousands of young men from Punjab have moved to central and northern Italy to work in the cheese-making industry.
14:55 : Italy wants EU bailout fund doubled - German magazine - Italian Prime Minister Mario Monti wants the lending capacity of the euro zone's permanent rescue fund to be doubled to one trillion euros ($1.29 trillion), German magazine Der Spiegel wrote on Saturday, without citing sources.
Source : ibtimes-com
09:58 : Italy cruise disaster captain denies delaying alarm - The captain of the cruise ship Costa Concordia, which struck a rock and capsized off Italy, told magistrates he informed the ship's owners of the accident immediately, denying he had delayed raising the alarm, judicial sources said on Saturday.
Source : ibtimes-com

Italy 1/20/2012

22:33 : Italy Plans New Measures to Liberalize Economy - Prime Minister Mario Monti proposed a package that includes efforts to liberalize certain industries and services, and a $7.1 billion investment in infrastructure projects.
Source : iht-com
18:20 : EU Crisis: Italy launches reforms to revive economy - EU Crisis: Italy launches reforms to revive economyMuch of Italy's economy, 3rd biggest in the EU after France & Germany, remains sheltered from competition by restrictions.
14:51 : Cruise ship threatens marine paradise off Italy - PORTO ERCOLE, Italy (AP) -- Stone fortresses and watchtowers that centuries ago stood guard against marauding pirates loom above pristine waters threatened by a modern peril: fuel trapped within the capsized Costa Concordia luxury ...
Source : usnews-com
14:39 : Italy PM Monti: Reforms Aim To Boost Competition, Infrastructure - Italian Prime Minister Mario Monti said late Friday his government had approved a wide-ranging decree aimed at boosting competition in the euro zone's third-largest economy as well as enhancing its infrastructure.
Source : foxbusiness-com
10:56 : Italy Banks, Unions Agree Contract Allowing Late Hours, Lower Pay - Italy's banks and the union representing employees in the sector have agreed a new labor contract that will allow bank branches to remain open in the evening and will lead to a new round of hiring, albeit at lower wages.
Source : foxbusiness-com
05:54 : Analysis - Italy refunding ordeal looks a little less daunting - Italy's goal of refinancing some 90 billion euros of long-term debt by the end of April is beginning to look within reach after months when the weight of its debt burden looked likely to tip the euro zone even deeper into crisis.
Source : ibtimes-com
05:38 : Analysis: Italy refunding ordeal looks a little less daunting - MILAN (Reuters) - Italy's goal of refinancing some 90 billion euros of long-term debt by the end of April is beginning to look within reach after months when the weight of its debt burden looked likely to tip the euro zone even deeper into crisis.
Source : reuters-com
03:14 : Italian cabinet meets to approve growth plan   - The Italian Cabinet meets today in Rome at 10:00 local time to pass a growth plan proposed to spur growth and revive recovery in Italy in addition to boosting Italy's competitiveness and liberalizing the economy.The plan proposed by the Italian ...
Source : ibtimes-com

Italy 1/19/2012

12:28 : Italians, Greeks seek shelter in Berlin house market - Rutilio de Vito, a 61-year-old pensioner from a hillside town in southern Italy, doesn't speak a single word of German but jumped at the chance to buy a flat in Berlin.
Source : ibtimes-com
11:32 : Italian banks tapped the ECB's LTRO for ;50B in December - covering 90% ... - Italian banks tapped the ECB's LTRO for €50B in December - covering 90% of their 2012 funding needs, with a second auction set to take place next month. Italy (+2.5%) is leading Europe higher today with especially gaudy gains by its banks. ...
Source : seekingalpha-com
05:43 : Fitch says that six Euro nations under negative watch might see cuts - Fitch senior director Ed Parker said at a Fitch conference today in Madrid that the agency expects that its review of six euro zone nations is likley to result with downgrades of one to two notches in most of those countries, as it put Belgium, ...
Source : ibtimes-com

Italy 1/18/2012

20:39 : Don't get carried away by todays misplaced optimism over the ECB and Greec - Don't get carried away by todays misplaced optimism over the ECB and Greece, says Art Cashin. It's more a "sigh-of-relief" rally than anything else. Greece is just the immediate, right now issue, ...
Source : seekingalpha-com
19:28 : Italy to Push Competition - Italy's new government is expected on Friday to unveil controversial measures aimed at making the country's sluggish economy more competitive, including allowing stores to hold sales outside strictly regulated times and giving out more taxi licenses ...
Source : wsj-com
15:45 : List of missing Italy cruise ship passengers, crew - A list of those missing and confirmed dead in the grounding of the cruise ship Costa Concordia off Italy. The death was confirmed by Hungarian authorities. Italian officials released the list of the missing....
Source : usnews-com
15:10 : Italy's Monti urges better euro-zone governance - LONDON (MarketWatch) -- Italian Prime Minister Mario Monti called for more effective governance of the European Union and the euro zone in order to tackle the sovereign debt crisis. Speaking at the London School of Economics and Political Science, Monti ...
Source : marketwatch-com
13:50 : Italy enthralled by ship's tale of two captains - The Coast Guard officer who ordered the captain of the capsized Italian cruise ship to go back aboard unwittingly became an instant hero Wednesday, credited with saving the national honour on one of its darkest nights.
Source : ibtimes-com
12:53 : Monti aims to reduce debt, boost growth - Jan. 18 - Italian Prime Minister Mario Monti has met with his British counterpart David Cameron to discuss promoting growth, at a time when Britain's unemployment has hit a 17-year high and Italy is trying to get its debt under control. Joanna ...
Source : reuters-com
05:19 : Fitch warns six euro area nations rating may be cut by the end of this ... - Fitch ratings said six euro area nations, namely Spain, Italy, Ireland, Cyprus, Belgium and Slovenia, are under review for a possible one to two notches cut by the end of ...
Source : ibtimes-com

Italy 1/17/2012

08:38 : S&P downgrade and implications - S&P downgraded nine euro area countries on Friday night after the US close. France and Austria were downgraded by one notch, while Italy and Spain were downgraded two notches. Germany, ...
Source : fxstreet-com
04:58 : Italian Cruise Ship Accident Raises Oversight Questions - Questions about a captain#x2019;s maneuvering of the Costa Concordia cruise ship off the coast of Italy are raising larger issues about how the cruise industry is regulated.
Source : iht-com

Italy 1/16/2012

21:48 : 4 Reasons Why the Effect of S&P's Downgrades Will Be Muted - Twas Friday the 13th when one of the euro's worst nightmares came true. Renowned credit rating agency, Standard & Poor's (S&P), went on a frenzy and downgraded the debt ratings of nine European countries. Both France and Austria ...
Source : fxstreet-com
19:35 : Europe's Crisis and 4Q Earnings Looks to Shake EURUSD, AUDUSD, Risk - The opening trading session of this week was an odd mix. For contrast to the first reaction to the Euro Zone (France, Italy, Spain, Portugal) downgrades we had the US market offline for a market holiday.
Source : dailyfx-com
13:25 : Prepare for Europe – 'It's Going to Be Ugly' - In Spain, the prime minister pledged spending cuts and a banking-system cleanup, while in Italy, the prime minister called for #x201C;efforts in favor of growth.#x201D;
Source : moneymorning-com
12:08 : NewsWatch: French auction success fails to lift Europe stocks - European stock markets swing in and out of positive territory on Monday, as the French government successfully sells Treasury bills after Standard & Poor’s last week downgrades the credit ratings of nine euro-zone nations, including France, ...
Source : marketwatch-com
07:52 : Euro rebounds before France auctions debt - Euro rebounds against majors, except the yen, with some hopes in markets, following successful bonds selling in Italy and Spain last week, before France auctions debt. Meanwhile, there are some hopes that an improvement ...
Source : fxstreet-com
04:18 : EUR/USD Forecast January 16, 2012, Technical Analysis - EUR/USD fell for the session on Friday as the traders in the FX markets sold off the Euro in general as rumors of an impending credit rating cut for France by S&P came out. The late hours of the session did in fact see ...
Source : ibtimes-com
04:02 : Europe stocks choppy, banks drag after S&P cuts - MADRID (MarketWatch) -- European stocks opened lower on Monday, as markets got the first chance to react to downgrades by Standard & Poor's ratings firm late last Friday. France lost its triple-A credit rating, while Portugal, ...
Source : marketwatch-com
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