Monte dei Paschi bailout this weekend could trigger crisis in Italian banking Bankers are running out of private-sector solutions for Monte dei Paschi di Siena and have told the ... Read More
The euro edged up and traded near a three-week high against the dollar on Thursday ahead of a European Central Bank policy decision, as the greenback lost momentum from ... Read More
The Italian parliament on Wednesday gave its final approval to the government’s 2017 budget, which has irked the European Union, paving the way for Prime Minister Matteo Renzi to ... Read More
The world’s oldest operating bank is racing to avoid a government bailout. Italy’s Monte dei Paschi di Siena (BMDPF) is trying to salvage a rescue plan that would see ... Read More
The euro steadied on Tuesday, having bounced from a near 21-month low set the previous day after Italian Prime Minister Matteo Renzi’s loss in a referendum over constitutional reform, ... Read More
Italian Prime Minister Matteo Renzi vowed to resign after suffering a crushing defeat on Sunday in a referendum on constitutional reform, tipping the euro zone’s third-largest economy into political ... Read More
Analysts believe the outcome of the ballot on constitutional reform could have massive global implications. With many European leaders already coming under severe pressure from anti-EU parties ahead of ... Read More
In a press conference on October 15, following approval by the Government of the draft Italian 2017 Budget, Premier Matteo Renzi announced that it contains the promised business tax ... Read More
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