ROME (Reuters) – The Italian parliament’s anti-mafia committee released the names of 17 local election candidates suspected of graft or organized crime links on Friday — an embarrassment for Prime Minister Matteo Renzi before local elections on Sunday.
The highest profile name was Vincenzo De Luca, the candidate for Renzi’s Democratic Party (PD) for president of the southern Campania region, who is accused of corruption and has a conviction for abuse of office.
ROME (Reuters) – Italian Prime Minister Matteo Renzi goes into elections this weekend hoping nascent signs of economic recovery after years of recession will outweigh a corruption scandal that has dogged one of the main candidates of his centre-left Democratic Party (PD).
Sunday’s ballots in seven regions and more than 1,000 municipalities, which follow a bruising series of parliamentary battles over Renzi’s reform agenda, will be his biggest test since a triumph in last year’s European elections.
The Vatican bank posted a sharp rise in net profit in 2014 after absorbing the costs of a clean up that hit earnings the year before as part of a wide-ranging drive to tighten financial governance and eliminate abuse, a statement showed on Monday.
ROME, May 25 (Reuters) – The Vatican bank posted a sharp
rise in net profit in 2014 after absorbing the costs of a clean
up that hit earnings the year before as part of a wide-ranging
drive to tighten financial governance and eliminate abuse, a
statement showed on Monday.
The bank, formally known as the Institute for Religious
Works (IOR), has toughened regulatory standards and closed
thousands of accounts, which were either inactive or deemed not
to meet new standards required of clients.
ROME (Reuters) – Italy will pay out an extra 2 billion euros ($2.29 billion) to pensioners in August to respect a ruling from the constitutional court which overturned part of a landmark 2012 reform, Prime Minister Matteo Renzi said on Sunday.
Last month’s ruling by the court has posed a major headache for Renzi’s government, which has struggled to keep public finances within the limits of European Union budget rules.
Pope Francis named two Palestinian women as saints on Sunday, in a ceremony in Saint Peter’s Square just days after the Vatican formalized its de facto recognition of the State of Palestine.
Pope Francis’ hard-hitting criticisms of globalization and inequality long ago set him out as a leader unafraid of mixing theology and politics. He is now flexing the Vatican’s diplomatic muscles as well.
MILAN, May 1 (Reuters) – Italy opened the Milan Expo on
Friday, torn between hopes the showcase of global food, culture
and technology will lift a gloomy national mood and fears it
will be overshadowed by scandal, delays and protests.
Prime Minister Matteo Renzi, counting on the Expo to
reinforce fragile signs of economic recovery, says the event
will be a test for the future of Italy after years of stagnation
MILAN (Reuters) – Italy opens the Milan Expo on Friday, torn between hopes that the showcase of global culture and technology will cheer up a gloomy national mood and fears that it will be overshadowed by scandal, delays and street protests.
Prime Minister Matteo Renzi, who is counting on the Expo to reinforce fragile signs of economic recovery, says the event will be a litmus test for the future of Italy after years of stagnation and recession.
CATANIA, Italy (Reuters) – An Italian judge on Friday ordered that the presumed captain of a migrant boat that sank with the loss of more than 700 lives should remain in custody after prosecutors asked for him to be charged with multiple homicide and people-trafficking.
Mohammed Alì Malek, 27, denies that he was in charge of the heavily overloaded fishing boat that capsized off Libya late on Saturday with hundreds of African and Bangladeshi migrants locked in its lower decks.