It always strikes me how, few years back, #Spain was seen as the example to follow for Club Med countries, a sort of new Eldorado #euro
INSIDE THE CARBOSULCIS MINE, Italy (Reuters) – Four hundred meters below the surface dozens of miners risk their lives at Sardinia’s Carbosulcis, Italy’s only coal pit, digging low-quality carbon that no-one wants to buy.
In nearby Portovesme, workers at the country’s largest aluminum smelter are fighting for their jobs after high energy bills, tight EU regulation and falling aluminum prices prompted U.S. commodity giant Alcoa to leave Italy.
MILAN/ROME (Reuters) – Swiss commodities trader Glencore (GLEN.L: Quote, Profile, Research, Stock Buzz) is expected to present a letter of intent to buy U.S. aluminum maker Alcoa’s Italian plant in coming days as the Italian government redoubles efforts to find a buyer for the smelter.
“Glencore has committed to present a letter of intent to Alcoa within 10-15 days,” said Alberto Pili, an official at the Carbonia-Iglesias province where the Alcoa plant is located.
MILAN, Sept 15 (Reuters) – An Italian gossip magazine plans
to publish on Monday a special edition dedicated to topless
pictures of the wife of Britain’s Prince William, its editor
said, defying risks of legal action.
The royal couple has already begun action against the French
magazine Closer after it published a dozen shots of Catherine,
Duchess of Cambridge – the former Kate Middleton – as she
slipped off her bikini top while sunbathing at a French
PORTOVESME, Italy, Sept 13 (Reuters) – Two trade union
leaders braved wind and rain atop a 60-meter high tower at
Alcoa’s smelter in Sardinia in a protest aimed at slowing
down the U.S. aluminium producer’s closure of the troubled
“We believe Alcoa does not intend to stick to this week’s
agreement regarding the slowing down of closure procedures,”
Alcoa worker and union member Stefano Ansaldi told Reuters
outside the factory gates.
CERNOBBIO, Italy, Sept 8 (Reuters) – European Union
officials pushed on Saturday to accelerate moves to stem the
bloc’s long debt crisis as Italian premier Mario Monti warned
that economic suffering was fuelling divisive nationalism on the
Monti had proposed an EU summit in Rome to discuss the rise
of anti-European populism, divisions between north and south and
nationalistic prejudices that have been fostered by resentment
against austerity measures, he told journalists at an economic
conference in northern Italy.