Topic: Southern Europe
ANTRODOCO, Italy (Reuters) - Like countless other small towns across Italy suffering from the economic downturn, Antrodoco has long prayed for an investor with deep pockets to help revive its fortunes. For a town in the shadow of a mountain where a ...
Country-by-country look at Europe's government debt crisisEurope's governments are struggling to deal with a mountain of debt made worse by the past three years of global financial and economic turmoil. Here are thumbnail sketches of how some of the countries involved are ...
Industry and services helped Italy pull out of recession with third-quarter gross domestic product growth of 0.6 percent, the national statistical institute said on Thursday. The gain follows five quarters running of contraction and is slightly higher than the eurozone average of ...
Europe's left flounders as conservatives co-opt the socialist agendaPity Europe's Socialists. It's getting lonely on the left. Just when you might think capitalism's global crisis would breathe new life into the left, it's looking increasingly divided and tired. German Chancellor Angela Merkel's ...
Michael Moore, Tom Ford in the competition at Venice Film FestivalMichael Moore's examination of the world's economic crisis and the directorial debut of former Gucci designer Tom Ford are among 23 films vying for the Golden Lion at this year's Venice Film ...
Finance ministers from the G8 leading world powers meet for talks in Italy on Friday as populations hit by the worst economic crisis in decades wait for firm evidence of an upcoming recovery. The International Monetary Fund is forecasting faster-than-expected global growth ...
Geithner says global recession is easing a bit but serious risks to recovery remainTreasury Secretary Timothy Geithner said Tuesday that the global recession is easing but serious risks remain to a prolonged recovery. Geithner told reporters there were a number of signs ...
Geithner to attend G8 meeting next month in Italy as finance officials battle global recessionTreasury Secretary Timothy Geithner will travel to Italy next month to attend a meeting of finance officials from the world's top eight industrialized powers, the department announced Thursday. ...
Confidence among manufacturers in recession-hit Italy rebounded strongly in April from a record low, fresh data showed on Tuesday, offering hope for its largely industry-driven economy. The ISAE research institute's index of confidence among manufacturing managers ticked up to 64.2 points in ...
The world's richest nations called for urgent reform of the global finance system and commitments to safeguard free trade as countries struggle with the worst economic crisis in decades. Italy's Finance Minister Giulio Tremonti called for a "new world economic order" as ...