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There has been a growing appreciation among many Italians that the government is deadly serious in countering what is considered one of the chief scourges of Italian society: a failure to declare taxes.
Mario Monti said Friday that Greece’s government had made a “remarkable effort” to reach new austerity agreements with lenders to avoid a calamitous default.
ROME (Reuters) - A coast guard officer's "Get back on board damn it!" order to the fleeing captain of the capsized Costa Concordia liner is being printed on T-shirts by a company hoping to inspire...


At least six people are reported to have died after a cruise ship ran aground off the coast of Tuscany in Italy.
Financial market pressure on Italy eased temporarily, but the political pressure on Prime Minister Mario Monti to stimulate Italy’s economy remained high.
Prime Minister Mario Monti of Italy won a confidence vote on Friday, speeding up the parliamentary passage of a budget bill aimed at restoring market confidence in the Italian economy.
Prime Minister Mario Monti’s difficulty in carrying out economic reforms could weaken the underpinnings of the accord reached in Brussels to address the euro zone’s troubles.
Prime Minister Mario Monti said his government intended to change Italy’s labor market and pension system, fight tax evasion and make it easier for businesses to grow.
Mario Monti unveiled a cabinet drawn mostly from Italy’s academic world and named himself as finance minister.
Italy has replaced Greece as the focus of anxiety in Europe’s debt crisis, but investors are also worried over the outlook for France.
A day after accepting the resignation of Prime Minister Silvio Berlusconi, Italy’s president asked Mario Monti, a former member of the European Commission, to form a government.
The end of Prime Minister Silvio Berlusconi’s 17-year hold on Italian politics sets off the country’s most significant political transition in 20 years.
Silvio Berlusconi officially resigns as Italy's PM after austerity bill passed, bringing end to tumultuous, 17-year political career.
ROME (Reuters) - Italian Prime Minister Silvio Berlusconi is expected to resign on Saturday, making way for an emergency government and ending one of the most scandal-plagued eras in Italy's post-war history.
Despite Prime Minister Silvio Berlusconi’s pledge to resign, Italy’s borrowing costs crossed a key financial and psychological threshold of 7 percent, close to levels that have required other euro zone countries to seek bailouts.
Silvio Berlusconi’s offer to step aside came after a humiliating vote in Parliament and a demand by a key ally that he resign for the sake of the country.
ROME (Reuters) - Art restorers have discovered the figure of a devil hidden in the clouds of one of the most famous frescos by Giotto in the Basilica of St Francis in Assisi, church officials said on...
The prime minister’s center-right coalition failed to secure a solid majority, making it increasingly difficult for him to pass legislation.

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