Southern Europe - Economic Meltdowns

ROME (Reuters) - The Italian parliament gave final approval to a package of economic reforms in a vote on Saturday which clears the way for the resignation of Prime Minister Silvio Berlusconi and the formation of an emergency government.Berlusconi, who failed to ...

The head of the International Monetary Fund called Thursday for greater "political clarity" in Greece and Italy, after talks with Chinese leaders dominated by Europe's worsening debt crisis.Greece and Italy are grappling with domestic political upheaval brought on by the sovereign debt ...

ROME/LONDON (Reuters) - Italian borrowing costs reached breaking point on Wednesday after Prime Minister Silvio Berlusconi's promise to resign failed to raise optimism about the country's ability to deliver on long-promised economic reforms.Italian 10-year bond yields shot above the 7 percent level ...

TAMPERE, Finland (Reuters) - German Finance Minister Wolfgang Schaeuble said on Monday that Italy would not need a bailout if it sticks to its budget plans, but he also warned that the euro zone's third-largest economy was too big for the region's ...

L'ISLE-SUR-LA-SORGUE, France (Reuters) - The euro zone's repeated failure to tackle its debt crisis is catapulting the bloc toward recession, raising the specter of dangerous spillovers to the rest of the world economy.Whittling down the euro area's mountain of debt was always ...

European leaders faced intense pressure on Wednesday to deliver on a promise to resolve the debt crisis at a summit crucial to the world economy as they battled to protect Italy from collapse.European Union presidents and prime ministers gather for their second ...

Europe struggled to finalise a grand deal to end its festering debt crisis Tuesday on the eve of a summit vital to the world economy but clouded by fears of Italy following in the footsteps of bailed-out Greece.Global markets were lower in ...

BRUSSELS (Reuters) - Prime Minister Silvio Berlusconi said he expected to call a cabinet meeting on Monday to discuss measures to boost growth, as Italy comes under mounting pressure from European partners to step up reforms to restore market confidence."I'm thinking of ...

French and German officials were scrambling to put together a compromise agreement on recapitalizing major European ahead of Sunday's meeting between the two countries' leaders.French President Nicolas Sarkozy meets German Chancellor Angela Merkel in Berlin on Sunday to discuss how best to ...

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Topic: Southern Europe

Italian vote opens way for Berlusconi resignation

Italy parliament vote opens way for Berlusconi resignation

IMF chief calls for 'political clarity' in Greece, Italy

Italian borrowing costs reach breaking point

Italy won't need bailout if it sticks to budget plan: Schaeuble

Euro zone's political bumbling risks global gloom

World awaits Europe's answer to debt crisis

Fate of Italy clouds Europe make-or-break summit

Berlusconi to call Monday cabinet meeting on growth

Leaders meet on crunch weekend for European banking

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