Articles on Italy

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Italy’s debt woes will not disappear after Berlusconi finally steps down. AAP

As the Eurozone teeters, Italy has no time to waste

Global markets have tumbled in the past 24 hours on fears over Italy’s worsening debt crisis, with media reports that Germany and France have begun talks to break up the Eurozone if the monetary union’s…
Berlusconi’s resignation is one step towards solving Italy’s debt crisis – but many more are needed. AAP

Berlusconi’s going, but there’s no Silvio bullet for Italy’s debt

Italy’s sovereign debt crisis has been overshadowed by Prime Minister Silvio Berlusconi’s reluctant promise to resign after the country’s parliament made clear he no longer commanded a majority. Italy…
Italian Prime Minister Silvio Berlusconi’s austerity measures are misdirected and too dramatic. AAP

As Moody’s trashes Italy, voters can’t count on Berlusconi

The move by international ratings agency Moody’s to cut Italy’s credit rating for the first time in two decades will do little to ease concerns about the Eurozone’s debt crisis, despite global markets…
Silvio Berlusconi has blamed international economic conditions for Italy’s worsening crisis. AAP

As Italy’s debt crisis deepens, is Berlusconi turning a blind eye?

Italian Prime Minister Silvio Berlusconi’s reassurance to his parliamentary colleagues during a speech on Wednesday did little allay about fears of a crisis in Eurozone’s third-biggest economy. The Italian…
Nicolas Sarkozy, Christine Lagarde and Angela Merkel share a joke at Thursday’s Greece bailout talks. AAP

Greece is safe for now; but could Italy push Europe over the edge?

European leaders signed off on a second, 109 billion euro bailout for Greece overnight, while also establishing what has been described as an “infant monetary fund” to intervene if the bloc’s sovereign…

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