Italy has cut its public spending by about €30 billion per year as a result of a controversial review of its expenditure, senior government officials said in an attempt to defend their record on fiscal discipline.
There was something familiar about Gianluigi Buffon hoisting the Serie A trophy aloft after the game against Crotone at the end of May. Now, when had we last seen that? Ah, yes, in 2016. Oh, in 2015 as well. 2014? Yep, very much so. 2013 and 2012? Of course.
Italy faces a ‘horror’ scenario when the European Central Bank winds down its bond buying program in a move that risks sparking a surge in the country’s borrowing costs, according to one of the world’s largest bond managers.
An Italian bank has confirmed that it has approved banking ties with 20 of its Iranian counterparts, said Iran's Foreign Ministry in a letter to Tehran Chamber of Commerce Industries Mines and Agriculture (TCCIM).
US President Donald Trump has arrived in Italy to hold a meeting with Pope Francis at the Vatican, as a group of people hold protests against his controversial policies at a site close to the US Embassy in the capital, Rome.