Italy Market Regulator Head Urges Use Of EU Regulations

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Italy’s head of the country’s market regulator Giuseppe Vegas said Monday it’s necessary to favor the use of European Union regulations, rather than directives, as a legislative tool for financial regulation.

05/7/2012 — Filed under: Finance
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Merkel would welcome joint Italian approval of EU deals

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Chancellor Angela Merkel would welcome joint German-Italian approval of key EU crisis-fighting measures, her spokesman said Wednesday, but denied a report their parliaments had reached such an accord.

04/28/2012 — Filed under: Politics
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Italy’s museum czar’s recipe: Cultural tourism can help end recession

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One of Italy’s top culture officials has pushed private investment in the country’s museums and galleries and the seemingly insatiable Chinese and Indian appetites for art and archaeology as the way to pull the country out of its recession.

04/19/2012 — Filed under: Society
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State and mafia take their cut as Italians develop gambling habit

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Economic crisis and legalisation of slot machines help drive 20-fold rise in spending over a decade

02/11/2012 — Filed under: Crime
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Italy’s Leader Warns EU Needs Better Democracy

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Italian Prime Minister Mario Monti called for increasing the power of the European Parliament, the EU’s legislative body, as a way to give the 27-nation bloc more democratic legitimacy-especially at a time when its members are being asked to swallow unpopular austerity measures in the name of greater economic and political integration.

01/21/2012 — Filed under: Politics
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Italy: Police uncovered €50 billion in hidden taxable income

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Italy’s tax police have identified 7,500 Italians who last year hid around 50 billion euros in taxable income, according to the country’s tax police, the Guardia di Finanza.

12/24/2011 — Filed under: Crime
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Italy, Spain easily raise in euro28 billion

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Spain and Italy gave financial markets a boost Thursday as they successfully raised nearly euro22 billion ($27,98 billion) in two keenly watched debt auctions that showed renewed investor confidence in their attempts to get a grip on their debt problems.

12/18/2011 — Filed under: Finance
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Italy Faces EU Suit Over Finmeccanica, Enel Investor Curbs

Telecom Italia SpA

The European Union said it will sue Italy over rules restricting investment in companies, including Finmeccanica SpA, Enel SpA and Telecom Italia SpA, that allow the government to interfere in management decisions.

11/18/2011 — Filed under: Business,Politics
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Italy supports fight against crime

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The Italy national team trained Sunday on a pitch that was confiscated from a crime syndicate to show support for the fight against the mafia.

11/9/2011 — Filed under: Crime
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EU Sues Italy for Failure to Recover State Aid to Eurallumina

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The European Commission is suing Italy for failing to recover illegal state aid granted to aluminum producer Eurallumina SpA.

09/8/2011 — Filed under: Politics
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