Article | May 20, 2012 - 10:09pm
Italian investors are likely to receive a welcome message from UAE to take their initiatives to the Middle Eastern country. The newly elected President of the Italian Business Council in Abu Dhabi, Alberto Nencha, last week announced that his efforts would remain focused on bringing Italian companies to the UAE as also on encouraging UAE companies to find suitable investment scope in Italy.
Italian investors are likely to receive a welcome message from UAE to take their initiatives to the Middle Eastern country. The newly elected President of the Italian Business Council in Abu Dhabi, Alberto Nencha, last week announced that his efforts would remain focused on bringing Italian companies to the UAE as also on encouraging UAE companies to find suitable investment scope in Italy.
Article | May 18, 2012 - 12:09pm
With Alexis Tsipras, the young leader of the left wing party SYRIZA, predicted to win the next election, insisting on his electoral rhetoric that his country should stop paying its creditors if the Eurozone cuts Greece off the agreed soft loans, it was not a surprise that stock markets in Europe and New York keep losing ground
With Alexis Tsipras, the young leader of Greek left wing party SYRIZA, predicted to win the next election, insisting on his electoral rhetoric that his country should stop paying its creditors if the Eurozone cuts Greece off the agreed soft loans life line, it was not a surprise that stock markets in Europe and New York keep losing ground, and the G8 Summit which meets on 18 and 19 May in Camp David has Greece as its main item on the agenda.
Article | May 17, 2012 - 3:14pm
The fulfilled promise of Hollande for a gender-balanced cabinet with 17 women out of 34 ministers inspired AFP to analyse the ratio between men and women also in the governments of other European states.
The fulfilled promise of Hollande for a gender-balanced cabinet with 17 women out of 34 ministers inspired AFP to analyse the ratio between men and women also in the governments of other European states.
Article | May 14, 2012 - 12:24pm
There is growing evidence that the Eurozone is about to change its course of severe austerity inspired by the German Christian democrats (CDU) of Angela Merkel, because neither the countries which apply those highly unpopular measures like Greece and Italy, nor the German voters themselves seem to be happy with it.
There is growing evidence that the Eurozone is about to change its course of severe austerity inspired by the German Christian democrats (CDU) of Angela Merkel, because neither the countries which apply those highly unpopular measures like Greece and Italy, nor the German voters themselves seem to be happy with it.
Article | May 14, 2012 - 2:00pm
The much anticipated auction of Italian sovereign debt paper went well today, Monday 14 May.
The bonds were sold to investors at prices/yields above and below levels recorded in similar cases during the past months. The overall results can be termed as a success, given the negative climate that prevails today in European capital markets, after the Greek political political parties didn't manage to find common grounds to form a government in Athens. The deadlock now threatens Eurozone with a new crisis.
Article | May 14, 2012 - 3:30pm
The Italian Prime Minister Mario Monti announced that he could take the army against the violent demonstrators, which are recently carrying out riots against the government and its economic policies. On 13 May, Monti raised the level of readiness in key locations in Italy, after another wave of violent protests hit the country.
Article | May 11, 2012 - 8:06pm
On May 11, an anarchist group belonging to the so-called "FAI Informal Anarchists Federation's 'Olga Cell', claimed responsibility for the shooting of Italian nuclear company Ansaldo's boss Roberto Adinolfi in the northwestern port city of Genoa earlier this week.
The group claim responsibility for attacking Ansaldo Nucleare's CEO -who was shot in the leg by a gunman on a motorbike- by a letter sent to the Italian daily Corriere della Sera.
Article | May 10, 2012 - 11:50am
Italian Prime Minister Mario Monti met on 7 May in Rome the Albanian Prime Minister Sali Berisha, welcoming continuation of bilateral cooperation and intensification of economic ties. Monti pledged to boost Italian investments in Albania.
Article | May 8, 2012 - 3:32pm
The Italian left has gained votes in the local elections, which is seen as a protest against the centre-right government’s austerity drive.
The elections come after socialist candidate, Francois Hollande, won the French presidential election on a promise of more growth and less austerity, and results in Greece also saw gains for anti-austerity parties.
Article | May 6, 2012 - 10:51pm
The IMF team that arrived in Italy is, according to Reuters sources, going to give the closest yet examination of the troubled country’s finances.
The IMF team that arrived in Italy is, according to Reuters sources, going to give the closest yet examination of the troubled country’s finances.
Although the previous prime minister, Silvio Berlusconi was cornered into agreeing to an enhanced review, satisfaction with current leader, Mario Monti means that the reviews will usually be less onerous.
Article | May 5, 2012 - 2:04am
The White House announced in a statement on 4 May that President Barack Obama has invited African Leaders to join the G8 Summit at Camp David on 19 May for a discussion during a session on accelerating progress towards food security in Africa.
Article | April 29, 2012 - 9:56pm
May the best customer experience win – that is mantra for the optimistic venture that is eyeing to reap profits from serving Italian routes with luxurious high speed train service challenging the monopolistic service of state-run Trenitalia.
May the best customer experience win – that is mantra for the optimistic venture that is eyeing to reap profits from serving Italian routes with luxurious high speed train service challenging the monopolistic service of state-run Trenitalia.
In a recently held demo-run of the first privately owned high-speed train, the plush interiors coupled with modern amenities definitely indicated that Trenitalia is no more alone in the market.
Article | April 27, 2012 - 2:08pm
The Eurozone seems to be preparing for nothing less than a full change of course in its strategy in an effort to counter its sovereign debt crisis.
The Eurozone seems to be preparing for nothing less than a full change of course in its strategy in an effort to counter its sovereign debt crisis. The reason for this is that the currently applied severe fiscal diet imposed not only to 'sinner' countries like Greece, Portugal. Ireland and Spain, but to surplus member states it is leading to a deepening recession, a prospect that may send the entire world to a new period of negative growth, if not a new round of financial meltdowns.
Article | April 26, 2012 - 3:20pm
Italy's treasury was forced to pay today, 26 April, much higher interest rates for a T-bills auction.
Italy's treasury was forced to pay today, 26 April, much higher interest rates for a T-bills auction.
The cost reached the levels of a similar auction in January 2012 when the Eurozone was under exceptional pressures in capital markets. At that time the second Greek crisis had reached its apex and Italy and Spain ware suffering from devastating contagion.
Article | April 26, 2012 - 1:52pm
The President of the European Council, Herman Van Rompuy, has said that no single formula exists for getting the European economy back on track.
The President of the European Council, Herman Van Rompuy, has said that no single formula exists for getting the European economy back on track.
Speaking at the European Business Summit in Brussels, Van Rompuy said that "there is no magic formula" for economic recovery. "Reform takes time", he said.
Van Rompuy said that Europe must remain an attractive market, but this could be achieved only by quality growth and in a social and fair environment.
Article | April 25, 2012 - 4:40pm
Immigration is an incresing problem for Europe, but member states are trying to sweet it under the rug for someone else to clean.
It is one in the morning and the leaders of the small tourist town of Massa Marittima in southern Tuscany are still awake. The mayor, the heads of the police, fire department, civil protection agency, and even the finance police and forest police are waiting for a bus with 44 young men who will be housed in the Sant'Anna church hostel. The men are from Tunisia; illegal immigrants.
Article | April 24, 2012 - 12:02pm
In many cultures and religions, cemeteries (from the Greek koimeterion or Latin coemeterium, meaning sleeping place) are used for death ceremonies, burial, mourning, and memorial. Unusual or historical cemeteries have also become popular tourist attractions- cemetery tourism, the ‘dark’ side of tourism, is a growing phenomenon around the world.
Here is a list of top 10 unusual and most visited cemeteries:
10. World’s First Public Pet Cemetery
Article | April 22, 2012 - 10:17pm
Amid various media quips and some fresh uncomfortable revelations, the so-called sex trial of former Italian prime minister Silvio Berlusconi took off last week. The ex-premier is charged for having sex with an underage prostitute, among others.
Amid various media quips and some fresh uncomfortable revelations, the so-called sex trial of former Italian prime minister Silvio Berlusconi took off last week. The ex-premier is charged for having sex with an underage prostitute, among others.
A fresh revelation however clinched the headlines faster. One model who claims that she had been present at the contentious party named one current regional councilor as having stripped before Berlusconi on the day.
Article | April 22, 2012 - 10:43pm
The European Association of Pharmaceutical Full-line Wholesalers (GIRP) has presented the findings of a study on the distribution sector in six European countries; France, Germany, Italy, Netherlands, Spain and United Kingdom.
The European Association of Pharmaceutical Full-line Wholesalers (GIRP) has presented the findings of a study on the distribution sector in six European countries; France, Germany, Italy, Netherlands, Spain and United Kingdom.
Article | April 20, 2012 - 1:09pm
The Spanish banks' over indebtedness, the Greek impotency to control government budget deficits, and the Italian problems, constitute the most important problems for the Eurozone.
The Spanish banks' over indebtedness, the Greek impotency to control government budget deficits, and the Italian problems, constitute the most important problems for the Eurozone. And, if they are not straightened up soon, they may just derail the entire edifice in the medium term.
Article | April 20, 2012 - 9:35am
The European Anti-Fraud Office (OLAF) announced the recovery of €9 nine million in customs duties after an investigation on a network of companies fraudulently importing Chinese tube and pipe fittings via several countries in South East Asia to evade high EU customs duties.
The European Anti-Fraud Office (OLAF) announced the recovery of €9 nine million in customs duties after an investigation on a network of companies fraudulently importing Chinese tube and pipe fittings via several countries in South East Asia to evade high EU customs duties.
Blog entry | April 19, 2012 - 12:16pm
Article | April 19, 2012 - 11:49am
The European Commission presented on 18 April a new employment package which includes a policy communication on job-rich recovery and nine staff working documents. The EC once more openly urges member states to ‘reconsider the need to maintain existing restrictions on free labour market access of Bulgarian and Romanian workers until the end of the transitional period’.
The European Commission presented on 18 April a new employment package which includes a policy communication on job-rich recovery and nine staff working documents.
The package urges member states to strengthen their national employment policies and in particular to create the right conditions for job creation and labour demand, exploit the job potential of areas such as the green economy, improve health workforce planning, as well as support an increase in highly qualified ICT labour and promote digital skills across the workforce.
Article | April 18, 2012 - 10:27am
The National Geographic Traveler magazine announced its seventh annual "50 Tours of a Lifetime" ranking which categorises the best cultural destinations around the world. Bulgaria, France and Italy are in the top five of the European countries.
The National Geographic Traveler magazine announced its seventh annual "50 Tours of a Lifetime" ranking which categorises the best cultural destinations around the world.
In this year’s edition, Europe is represented by Bosnia and Herzegovina, Bulgaria, France, Italy, Iceland, Poland, Portugal, Romania, Russia and Switzerland (in combination with Italy and France).
Article | April 16, 2012 - 3:54pm
Controversial former Italian Prime Minister Silvio Berlusconi never hid his weakness for beautiful women. Now, his weakness could cost him dearly, as women who participated at his alleged "bunga bunga" sex parties take the stand in his trial.
Controversial former Italian Prime Minister Silvio Berlusconi never hid his weakness for beautiful women. Now, his weakness could cost him dearly, as women who participated at his alleged "bunga bunga" sex parties take the stand in his trial.
