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Jun 17, 2014

Italy ties support for Juncker to EU growth agenda

BRUSSELS/ROME June 17 (Reuters) – The European Union,
supported by Germany, is working to meet an Italian demand to
shift focus from austerity towards growth, in a deal that could
help cement Jean-Claude Juncker as the next European Commission
president.

Italy’s priority is to stimulate weak economic growth,
without which it has little chance of reducing its public debt
of more than 130 percent of GDP.

Jun 17, 2014

EU working on plan to meet Italy’s growth agenda

BRUSSELS/ROME June 17 (Reuters) – The European Union,
supported by Germany, is working to meet an Italian demand to
shift focus from austerity towards growth, in a deal that could
help cement Jean-Claude Juncker as the next European Commission
president.

Italy’s priority is to stimulate weak economic growth,
without which it has little chance of reducing its public debt
of more than 130 percent of GDP.

Jun 11, 2014

Gritty Naples mafia series aims to join international TV boom

ROME (Reuters) – Crime dramas often strive for gritty realism but few have had as timely an echo in the real world as the Italian TV series “Gomorra”, inspired by Roberto Saviano’s bestselling 2006 account of the Naples underworld.

The show, which ended its first run on Tuesday night, recalls U.S. series like “The Wire” or “The Sopranos” in its unrelenting portrait of violence, corruption and drugs in the crumbling high-rise tenements around Naples.

Jun 9, 2014

Grillo boosted by local elections in Italy but Renzi party holds

ROME (Reuters) – Beppe Grillo’s 5-Star Movement won control of one of the historic strongholds of the Italian left in local elections at the weekend, although Prime Minister Matteo Renzi’s center-left Democratic Party (PD) stayed Italy’s strongest political force.

The 5-Star Movement’s candidate Filippo Nogarin became mayor of Livorno, the Tuscan city where the Italian Communist Party was founded in 1921 and which the left had held virtually unchallenged since World War Two. The party also won Civitavecchia near Rome.

Jun 3, 2014

Italy’s economy minister warns against “sterile” austerity debate

ROME, June 3 (Reuters) – Europe risks being trapped in a
“sterile” debate over austerity unless it takes a broader view
that balances the need for sound public finances with reform,
Italian Economy Minister Pier Carlo Padoan said on Tuesday.

Italy, which assumes the rotating presidency of the European
Union in July, has long sought to shift the policy debate in
Europe away from budget rigour and towards measures to boost
economic growth and create jobs.

May 30, 2014

Drop in Italian, Spanish inflation feeds euro zone deflation worries

MADRID/ROME, May 30 (Reuters) – Annual consumer inflation
slowed in Italy and Spain in May, heightening concerns about
deflation risk in the euro zone as the bloc’s central bank gears
up for an expected growth-boosting shift in monetary policy next
week.

Italy’s EU-harmonised inflation rate eased to a
weaker-than-expected 0.4 percent year-on-year from 0.5 percent
in April, statistics office ISTAT said in Rome.

May 26, 2014

Renzi’s triumph in EU vote gives mandate for Italian reform

ROME (Reuters) – Strengthened by a landslide victory in Sunday’s European election, Italian Prime Minister Matteo Renzi has a clear mandate to push economic and institutional reforms in Rome and promote his pro-growth agenda in Brussels.

More than 40.8 percent of Italy’s 27.3 million voters cast ballots for the center-left Democratic Party, almost double the 21.2 percent who chose the anti-establishment 5-Star Movement, the second-biggest party, according to official figures.

May 26, 2014

Italy’s Renzi triumphs in EU vote as Grillo loses ground

ROME (Reuters) – Italian Prime Minister Matteo Renzi was on course for a sweeping victory in Sunday’s European election with voter projections giving his center-left Democratic Party (PD) a huge lead over the anti-establishment 5-Star Movement of ex-comic Beppe Grillo.

With more than half the vote counted, a projection by IPR Marketing for RAI state television put the PD on 41.2 percent, well ahead of the 5-Star Movement on 21.4 percent with former Prime Minister Silvio Berlusconi’s Forza Italia party on 16.6 percent.

May 25, 2014

Italy’s Renzi ahead of Grillo in EU vote-projections

ROME (Reuters) – Italian Prime Minister Matteo Renzi was on course for a triumph in Sunday’s European election with early projections giving his center-left Democratic Party (PD) a strong lead over the anti-establishment 5-Star Movement of ex-comic Beppe Grillo.

A projection by IPR Marketing for RAI state television put the PD on 41.4 percent ahead of the 5-Star Movement on 22.4 percent with former Prime Minister Silvio Berlusconi’s Forza Italia party on 15.7 percent.

May 18, 2014

Italy’s Renzi faces Grillo challenge ahead of EU election

ROME (Reuters) – Next week’s European parliamentary elections have turned into a showdown between Italian Prime Minister Matteo Renzi and the anti-establishment movement of comic Beppe Grillo that could decide the future of the government.

The ballot on May 25 will be the first national election ever faced by the 39-year-old Renzi, who came to power in February after a party coup which forced out his predecessor Enrico Letta.