Gavin's Feed
Mar 10, 2013

Italy, Greece say hostages in Nigeria were killed

ROME/ATHENS (Reuters) – Seven foreign hostages kidnapped last month by a Nigerian Islamist group from a construction firm compound have been killed, the Italian and Greek Foreign Ministries said on Sunday.

Al Qaeda-affiliated group Ansaru said on Saturday it had killed the hostages seized on February 7 in the northern state of Bauchi because of attempts by Nigerian and British forces to free them.

Mar 8, 2013

Fitch cuts Italy credit rating after election impasse

ROME/MILAN (Reuters) – Ratings agency Fitch added to Italy’s mounting problems on Friday by cutting its credit rating due to the political uncertainty after last week’s election, deep recession and rising debt.

Fitch lowered Italy’s sovereign rating by one notch to BBB plus, with a negative outlook, raising the risk that its next ratings change will be a further downgrade.

Mar 7, 2013

Insight: Beppe Grillo – Italian clown or political mastermind?

ROME (Reuters) – Beppe Grillo stirs strong feelings. His supporters believe he can clean up Italian politics and give ordinary people more say in decision-making. His opponents see a dangerous populist who evokes memories of fascist dictator Benito Mussolini.

International media describe Grillo as a comic, which on one level he is, but the man who jointly created and leads the party that in just three years has become the largest in Italy is much more than that.

Mar 7, 2013

Beppe Grillo – Italian clown or political mastermind?

ROME, March 7 (Reuters) – Beppe Grillo stirs strong
feelings. His supporters believe he can clean up Italian
politics and give ordinary people more say in decision-making.
His opponents see a dangerous populist who evokes memories of
fascist dictator Benito Mussolini.

International media describe Grillo as a comic, which on one
level he is, but the man who jointly created and leads the party
that in just three years has become the largest in Italy is much
more than that.

Mar 1, 2013

Italy 2012 deficit above target at 3 percent of GDP, debt hits record high

ROME (Reuters) – Italy’s fiscal deficit fell to 3.0 percent of gross domestic product last year, above the government’s most recent target and bang on the European Union’s 3 percent ceiling, data showed on Friday.

The data may allow Rome to leave the European Commission’s excessive deficit procedure imposing corrective measures on countries that exceed the 3 percent level.

Feb 28, 2013

Insight: Grillo’s rookies ready to take Italian parliament by storm

ROME (Reuters) – Meet the Grillini. They are the 162 very ordinary people who are now regarded with trepidation by financial markets and world leaders after this week’s Italian election failed to produce a government.

The Grillini – literally “little Grillos” – are the lawmakers elected for the anti-establishment 5-Star Movement of comic Beppe Grillo, which upset all forecasts by emerging as the largest party in Italy.

Feb 28, 2013

Grillo’s rookies ready to take Italian parliament by storm

ROME, Feb 28 (Reuters) – Meet the Grillini. They are the 162
very ordinary people who are now regarded with trepidation by
financial markets and world leaders after this week’s Italian
election failed to produce a government.

The Grillini – literally “little Grillos” – are the
lawmakers elected for the anti-establishment 5-Star Movement of
comic Beppe Grillo, which upset all forecasts by emerging as the
largest party in Italy.

Feb 27, 2013

It’s about to get serious for Italy’s triumphant comic Grillo

ROME (Reuters) – Beppe Grillo can allow himself a few days to bask in the afterglow of his triumph in Italy’s election, but soon the comedian who now leads the country’s largest party will face some tough political choices.

After a spectacular rise since its formation in 2009, Grillo’s anti-establishment 5-Star movement won a stunning 26 percent of lower house votes at the election, fractionally more than the centre-left Democratic Party (PD).

Feb 26, 2013

Analysis: It’s about to get serious for Italy’s triumphant comic Grillo

ROME (Reuters) – Beppe Grillo can allow himself a few days to bask in the afterglow of his triumph in Italy’s election, but soon the comedian who now leads the country’s largest party will face some tough political choices.

After a spectacular rise since its formation in 2009, Grillo’s anti-establishment 5-Star movement won a stunning 26 percent of lower house votes at the election, fractionally more than the center-left Democratic Party (PD).

Feb 25, 2013

Comic Grillo stuns Italy with astonishing election showing

ROME, Feb 25 (Reuters) – The outcome of Italy’s national
election is still uncertain but what is already clear is that
the massive winner is Beppe Grillo, a shaggy haired comedian
whose anti-establishment 5-Star movement could well become the
country’s largest party.

It had been clear from weeks that Grillo, with his fiery
invective against the traditional parties, was making impressive
progress in the polls, but no pundits had imagined he could win
around a quarter of the votes cast.