Italian bank inquiry points to improper behavior, commission’s chairman tells paper

[ad_1] MILAN (Reuters) – A new investigation of Italian banking scandals by a parliamentary commission has already revealed some improper behavior, the commission’s chairman, Pier Ferdinando Casini, told the newspaper…

Italy’s Conte downplays Rome’s breach of EU fiscal rules

[ad_1] Italian Prime Minister Giuseppe Conte holds a news conference at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Toby Melville BRUSSELS (Reuters) – Italy’s Prime Minister…

Euro’s rise halted as Italy faces new elections

[ad_1] LONDON (Reuters) – The euro gave up its early gains and turned negative on Monday after Italy’s president set the country on a path to fresh elections, raising concerns…

UPDATE 4-Sweden ends five years of negative rates with hike to zero

[ad_1] * Riksbank is first central bank to exit negative rates * Sees benchmark rate on hold at 0.0% through 2021 * Swedish crown broadly unchanged (Adds further central bank…

Business activity collapses across Europe as coronavirus lockdowns spread

[ad_1] LONDON (Reuters) – Business activity has cratered across Europe as attempts to contain the coronavirus pandemic push governments to shut down vast swathes of their economies, from shops to…

Italy coronavirus deaths rise by 756, lifting total death toll to 10,779

[ad_1] ROME (Reuters) – The death toll from an outbreak of coronavirus in Italy climbed by 756 to 10,779, the Civil Protection Agency said on Sunday, the second successive fall…

Former Italian minister raises 600 million euros in bank acquisition project

[ad_1] MILAN (Reuters) – Veteran Italian banker and former Industry Minister Corrado Passera topped expectations by raising 600 million euros (£526 million pounds) from investors with the aim of acquiring…

Euro partners warn new Italy government against “suicide mission”

[ad_1] By Francesco Guarascio, Jan Strupczewski BRUSSELS, May 24 (Reuters) – Italy’s partners in the euro lined up in Brussels on Thursday to urge the new government in Rome to…

Polish, Hungarian veto of EU budget would also hit climate goals – diplomat

[ad_1] By Gabriela Baczynska, Jan Strupczewski BRUSSELS (Reuters) – Any veto by Poland and Hungary of the European Union’s new budget for 2021-2027 over upholding democratic standards would also freeze…

Italy’s populists challenge EU with plans to boost deficit

[ad_1] By Gavin Jones, Steve Scherer ROME (Reuters) – Italy’s populist government brushed off protests from its own economy minister to back a significant rise in deficit spending next year,…