The announcement at the beginning of the month that the government was postponing a Euros 800 million (US$1.2 billion) investment in modernizing Italy's broadband infrastructure has provoked indignation among government critics and embarrassment among ministers.The announcement was made on Nov. 4 by Gianni Letta, a powerful undersecretary in the prime minister's office. The funds would only be released...
Syria is restudying "with care" the Syrian-European Partnership Agreement and its effects on Syrian economy, Syrian Deputy Prime Minister for Economic Affairs Abdullah al-Dardari said on Saturday, the official SANA news agency reported. Dardari made the remarks at a joint press conference with visiting Italian Minister of Economic Development Claudio Scajola. Syria and Italy signed on Saturday...
One major problem facing the world currently is the way in which we gather, transport and use energy. We are still highly dependent on fossil fuels, more specifically oil. Europe is currently highly dependent on Russia for its oil needs. While this is a problem in its own right, a larger problem facing the region is the way in which Oil is being transferred from Russia to European nations. Currently,...
[Bloomberg, 20 October] Edison, Italy's second largest power producer, wants to have up to a 20% stake in the country's nuclear power programme, according to the company's CEO Umberto Quadrino. He said that Edison is in talks with Enel and Electricité de France (EdF) about taking a stake in their Italian joint venture. "We want to invest in the Italian nuclear program," Quadrino said...
US Secretary of Energy Steven Chu and Italian Minister for Economic Development Claudio Scajola signed two important nuclear energy agreements that may lead to construction of new nuclear power plants and improved cooperation on advanced nuclear energy systems and fuel...
Business ties between China and Italy keep growing even amid the current global economic downturn, and Italian companies are looking forward to increasing "alliances" with Chinese firms, Italian Industry Minister Claudio Scajola told Xinhua in an interview on Monday. The economic crisis has in fact affected China less severely than Italy, said Scajola, resulting in a 9.3 percent reduction...
• Public broadcaster RAI censured for airing interview with escort • Berlusconi causes controversy over remarks about Obamas A Berlusconi family newspaper has advised Italians to stop paying their television licence fee to punish Italy's public television service for broadcasting an interview with an escort who allegedly spent the night with the prime minister. Patrizia D'Addario's first...
South Africa will host the 2010 Mille Miglia international motor race. The announcement was made after Italian Economic Development Minister Claudio Scajola met with Trade and Industry Minister Rob Davies in Pretoria on Monday to discuss various areas of mutual cooperation. The 1000 Miglia is a competitive race of historical cars and will take place in [...]
Coachbuilder Bertone’s sale to Fiat has been approved by Italian Industry Minister Claudio Scajola. Consequently, Fiat will invest €150 million over three years in the struggling contract manufacturer, which is best known for its work on cars ranging from the Lamborghini Miura to the Volkswagen Polo during its 96 years in business. Fiat boss Sergio Marchionne has [...] > Read complete...
Filed under: Hirings/Firings/Layoffs , Plants/Manufacturing , Chrysler , Fiat 2007 Bertone Fiat Barchetta concept - Click above for high-res image gallery According to the Wall Street Journal , Fiat has beaten out two other finalists and has won the bid for bankrupt design house and small-scale auto manufacturer Carrozzeria Bertone. The Italian Economic Development Ministry said in a statement that...
Next steps – select sites and build Under a new law now approved by its parliament this week, Italy will in the next six months identify candidate sites for new nuclear reactors. The law also requires the government to set up a regulatory authority to manage the process of building the plants and administering the safe storage of spent nuclear fuel. Energy Minister Claudio Scajola (left) told...
Italian investors are ready to invest up to five billion euros in energy projects and infrastructure in Montenegro, the Italian minister for economic development, Claudio Scajola, said on 16 June.
The Italian government is to hold talks with Fiat management and unions on 18 June following its acquisition of Chrysler assets, industry minister Claudio Scajola said.
ANSA) - Fiat still has a chance to acquire German carmaker Opel even though a rival has been picked as the preferred bidder by parent company General Motors and the German government, Italian Industry Minister Claudio Scajola said on Thursday. ”I am convinced that the game is not over yet, that there is a chance the [...]
Italy tries to wean itself off imported energy—but it has a long way to go TOPPING league tables is often cause for congratulations. For Italy, which relies on others to provide 86% of its energy needs, leaving it more dependent on imports than any other member of the G8 club of rich countries, coming first is a reason for concern. So when the G8’s energy ministers met in Rome last month,...