Topic: Giulio Tremonti

Italy's Berlusconi avoids parliamentary embarrassment

ROME (Reuters) - Italian parliamentarians voted on Thursday against allowing the arrest of a former aide of Economy Minister Giulio Tremonti on corruption charges, sparing Prime Minister Silvio Berlusconi a potentially embarrassing defeat in the Lower House.Naples magistrates had sought to lift ...

Crucial Italy austerity package enters home stretch

ROME (Reuters) - Italy's often revised 54-billion-euro austerity package enters the final stretch on Monday when cuts aimed at balancing the budget by 2013 go before the lower house of parliament, with approval due later in the week.The package, which was ...

Italy strikes as race to pass austerity starts

ROME (Reuters) - Workers across Italy began a strike on Tuesday as the center-right government of Prime Minister Silvio Berlusconi scrambled to secure parliamentary backing for a package of austerity measures.The eight-hour strike called by the CGIL, Italy's largest union, is ...

Analysis: Italy's Berlusconi pressured over austerity mess

ROME (Reuters) - Italy's chaotic efforts to pass a new austerity plan already included disputed figures, policy U-turns and cabinet rows even before Silvio Berlusconi's latest brush with scandal added prostitutes and wiretaps to the mix.European partners have looked on ...

Italy readies austerity changes

ROME (Reuters) - Italy's ruling coalition is preparing significant changes to its austerity plan presented in mid-August and Economy Minister Giulio Tremonti, who put together the original plan, appears increasingly isolated.The 45.5 billion euro ($65.3 million) austerity package, drawn ...

Italy and UK press case for deeper euro zone fiscal ties

LONDON (Reuters) - Britain's finance minister called for some form of fiscal union to resolve the euro zone's debt crisis on Saturday, while his Italian counterpart renewed a call for the introduction of common euro zone bonds.After more than a ...

Italy's Tremonti under pressure over rent payments

ROME (Reuters) - Italian Economy Minister Giulio Tremonti laughed off rumors that he was about to resign on Thursday but faced growing pressure over his links to a former advisor who is under investigation for corruption.Tremonti, widely seen as the guarantor of ...

Italy Senate gives austerity budget first nod

ROME (Reuters) - Italy's austerity budget passed its first parliamentary hurdle Thursday but the opposition says Prime Minister Silvio Berlusconi's government is in a shambles and should resign after it is finally approved.The four-year package, which has been increased to ...

Italy's Berlusconi tries to calm fears over crisis

ROME (Reuters) - Prime Minister Silvio Berlusconi tried on Tuesday to calm fears that Italy could be swept into a full-scale financial crisis and the opposition pledged to smooth the passage through parliament of tough debt-cutting measures."For us, for Italy, this is ...
Italian government bonds were hammered Friday on worries about the potential exit of Finance Minister Giulio Tremonti, analysts said. Tremonti on...