Rome (Italy) - Italian Prime Minister Matteo Renzi has officially tendering his resignation, stepping down after losing a referendum on Sunday.
Rome (Italy) - Italian Prime Minister Matteo Renzi is to resign following a heavy defeat in Sunday’s constitutional reform referendum. Although ostensibly on plans to streamline parliament the poll was largely seen as a confidence vote in the leader. Renzi announced his intention to quit in an address to the nation.
Italians have rejected constitutional reforms at a referendum, and just as he said he would if his ‘yes’ campaign lost, Matteo Renzi has resigned as Prime Minister of Italy.
Rome (Italy) - On the 4th of December Italy votes on a series of changes to the way the country’s institutional system is structured.
Loan writedowns and bad debts, plus a lasting hangover from the financial crisis mean Italy’s banks are on the edge of a precipice. Provisions to cover liabilities on “unlikely to pay” and past due debt are less than half of those set aside for bad debt, limiting the freedom of the banks to get fresh credit on the markets.
Opinion polls in Italy are predicting the prime minister’s defeat in a constitutional referendum due at the start of December.
Rome (Italy) - Italy's former ice-skating world champion Carolina Kostner on December 9 will resume competing after being disqualified for a year and four months by the national anti-doping tribunal for "aiding" her ex-boyfriend, race walker Alex Schwazer, a 2008 Olympic champion who has been disqualified for eight years in a doping case.
Rome (Italy) - There was a bit more of a boost that expected for Italy’s sluggish economy in September as manufacturers continued to be more active.
Turin, (Italy) - Juventus said Monday that Italy defender Andrea Barzagli is set to be on the sidelines for two months due to a shoulder injury he suffered in Sunday's 2-1 win over Chievo.
New York - Italy is in first place in 2016 for quantity of wine imported to Canada, with over 50 million liters, and in second after the United States for total value, with over 300 million Canadian dollars' worth of wine imported, according to Italian Ambassador to Canada Gian Lorenzo Cornado, speaking from Montreal on the final stop of the 'Great Tastings in Canada 2016' initiative.