Google investigated in Italy over tax issues: Prosecutors

Last Updated: Wednesday, February 25, 2015, 23:06

Italian authorities are investigating whether Google violated any tax laws in the country, Milan`s prosecutor said on Wednesday, adding that talks were under way with the U.S. company over a possible settlement.

Merkel confident Renzi will deliver on reform pledge

Last Updated: Friday, January 23, 2015, 20:30

German Chancellor Angela Merkel on Friday backed Italy`s Matteo Renzi to deliver on a pledge to "turbo-charge" his reforms after the European Central Bank`s decision to pump billions into the moribund eurozone economy.

Italy jobless at new record high in headache for Renzi

Last Updated: Wednesday, January 7, 2015, 19:02

The jobless rate rose to 13.4 percent in November, up 0.2 percentage points from October, data from the national statistics institute (ISTAT) showed on Wednesday.

Italy puts a brake on new tax bill after Berlusconi-related uproar

Last Updated: Monday, January 5, 2015, 08:53

Italy`s government halted an overhaul of tax laws on Sunday after a controversy erupted over whether the proposed measures might annul the 2012 tax fraud conviction of former leader Silvio Berlusconi.

Eurozone ministers give France last chance to fix budget

Last Updated: Monday, December 8, 2014, 23:19

Eurozone ministers on Monday approved the extra three months given France, Italy and Belgium to fix their bloated budgets, but warned that "all options" remained if the overspending persisted.

Italy downgrade casts gloom over euro zone

Last Updated: Monday, December 8, 2014, 15:40

European stocks and government bonds dipped on Monday as weak data from Asia, a rating downgrade for Italy and the slump in oil prices stoked concerns about global growth.

Italy PM moots temporary nationalisation of troubled steel plant

Last Updated: Monday, December 1, 2014, 06:47

Italian Prime Minister Matteo Renzi on Sunday floated the idea of nationalising during "two or three years" the country`s loss-making Ilva steel plant, one of Europe`s most polluting.

EU tackles rule-breaking France, Italy on budget

Last Updated: Friday, November 28, 2014, 11:05

The Commission, the EU`s executive branch, delivers official opinions on euro government budget plans under new powers given to Brussels during the eurozone debt crisis.

Crew blasts off for International Space Station

Last Updated: Monday, November 24, 2014, 04:23

A Russian capsule carrying three astronauts from Russia, the United States and Italy has blasted off for the International Space Station.

Italy wants Marines case to be solved, says special envoy

Last Updated: Monday, February 3, 2014, 04:02

Special envoy of the Italian government Staffan de Mistura, who arrived in India on Sunday, said his presence was aimed to convey the "determination of Italy to solve the case".

Italy criticises India`s handling of marines case

Last Updated: Saturday, February 1, 2014, 18:00

Italy criticised India`s handling of the case of two of its marines accused of killing two Indian fishermen as "contradictory" and "disconcerting" ahead of hearing of case in India`s Supreme Court.

Italian police find John Paul II relic discarded by thieves

Last Updated: Saturday, February 1, 2014, 16:22

Italian police have recovered part of a religious relic stained with Polish pope John Paul II`s blood that was thrown away by thieves thinking it worthless, the Italian press reported on Saturday.