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People Daily (Free subscription) | 25/11/2009
Italy's gross domestic product (GDP) could climb by 1 percent or more next year, Minister of Economy and Finance Giulio Tremonti said on Tuesday. Addressing an annual conference of the Italian entrepreneurs' association, Tremonti was optimistic about Italy's economic recovery and hailed government measures in tackling the financial crisis. Tremonti urged tight control over public spending, which is...
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IntelliBriefs (Free subscription) | 22/11/2009
November 21, (LPAC)—Speaking at the central school of the Chinese Communist Party, Italian Economy Minister Giulio Tremonti said yesterday that the crisis is not over, and a that real solution can come only from an international treaty among governments, which he called a new Bretton Woods. "After the disaster, I was of the view that only those banks should be bailed out, which finance families...
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The Guardian (Free subscription) | 27/10/2009
Italy's prime minister has cancelled official engagements due to the illness, local media report Italy's prime minister, Silvio Berlusconi, has contracted a mild form of scarlet fever, Italian media reported , leading him to cancel a public engagement and throwing into doubt his presence at a European Union summit this week. The Italian daily Corriere della Sera said the 73-year-old prime minister...
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Times Online (Free subscription) | 25/10/2009
Silvio Berlusconi was struggling yesterday to mend cracks in his increasingly troubled centre-right coalition after Italy’s internationally respected Finance Minister threatened to resign.
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People Daily (Free subscription) | 07/10/2009
Italian Foreign Minister Franco Frattini on Tuesday further advanced Italy's bid for the Eurogroup presidency. In an interview to Italian daily Corriere della Sera, Frattini said Italian Economy Minister Giulio Tremonti is the perfect candidate as future chairman of the Eurogroup, uniting finance ministers from the 16 euro zone countries plus the European Central Bank (ECB) president and the European...
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DealBreaker (Free subscription) | 01/10/2009
Through a vote of 309-247, it looks like there are enough Italian politicians that believe the ends do justify the means to pass Silvio Berlusconi's 'pay 5% and wipe your tax record clean' plan. The economic argument is pretty convincing. With Italians playing hide and seek with €300 billion abroad, if the government hits its mark of having a third of that declared, a €5 billion euro addition...
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People Daily (Free subscription) | 28/09/2009
Italy's economic outlook was growing brighter, local media reported on Sunday, quoting Economy Minister Giulio Tremonti as saying. The country's unemployment rate this year was estimated at 7.4 percent, which was going better than other European countries, Tremonti told a party conference on Saturday. The growth of public debt, which was expected to be 115.1 percent of GDP this year, was, for the first...
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Reuters UK (Free subscription) | 06/09/2009
CERNOBBIO, Italy, Sept 6 (Reuters) - Italian Economy Minister Giulio Tremonti criticised the country's banks on Sunday for not taking up bonds offered by the government to help them during the global economic crisis.
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Times of the Internet (Free subscription) | 07/07/2009
L'AQUILA, Italy, July 7 (UPI) -- Poor planning and a lack of a coherent agenda for this week's Group of Eight summit allegedly is drawing scorn for its Italian hosts, sources say. Preparations for the summit in L'Aquila, Italy, have proceeded so poorly that the United States has had to seize control of the agenda, organizing last-ditch conference calls among top officials to inject purpose into the...
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ITALY Magazine (Free subscription) | 04/07/2009
Premier Silvio Berlusconi said on Friday he would present a set of proposals for a global legal standard to prevent a recurrence of the economic crisis at next week's Group of Eight summit but ruled out their immediate adoption. Premier Silvio Berlusconi said on Friday he would present a set of proposals for a global legal standard to prevent a recurrence of the economic crisis at next week's Group...
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Pope Benedict XVI Blog (Free subscription) | 25/06/2009
Pope to Publish Encyclical on Economy, Call for New Paradigm By Flavia Krause-Jackson and Lorenzo Totaro June 25 ( Bloomberg ) -- Pope Benedict XVI by the end of June will probably publish his first official document on the economy, including his views on lessons to be learned from the financial crisis. Entitled “Caritas in Veritate,” which in Latin means “charity in truth,”...
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Euractive (Free subscription) | 24/06/2009
Italian Finance Minister Giulio Tremonti's chances of becoming the next president of the Eurogroup are growing, as Italy reviews its position in the EU after losing the battle for the European Parliament presidency.
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The Economist (Free subscription) | 19/06/2009
Italy's government, so far, has reassured credit rating agencies The current economic crisis is expected to have a severe impact on Italy's already fragile public accounts, which will present major challenges for government policy in the medium to long term. So far, international credit rating agencies and the financial markets appear satisfied that the minister of the economy, Giulio Tremonti, is...
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Times of the Internet (Free subscription) | 17/06/2009
ROME, June 17 (UPI) -- Italian Secretary-General of the Foreign Ministry Giampiero Massolo said Group of Eight nations were ready to adopt new international finance regulations. Economic Minister Giulio Tremonti's proposals that initially spurred skepticism are now widely shared, Massolo said, the Italian news agency ANSA reported Wednesday. The United States may be a temporary holdout on the new...
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Times of the Internet (Free subscription) | 12/06/2009
LECCE, Italy, June 12 (UPI) -- A $1.5 billion plan to save the world's poorest children from pneumococcal diseases was activated Friday in Lecce, Italy, international aid groups said. Representatives of five countries and four international aid groups officially made good on commitments promised in 2007 to speed delivery of pneumococcal vaccines that kill 1.6 million people year, including an estimated...
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