Topic: Italy

Italy plans 20-25 billion euro austerity measures: sources

ROME (Reuters) - Mario Monti's government will unveil austerity measures totaling 20-25 billion euros over the next two years on Monday, government sources said, as Italy seeks to shore up public finances but also help growth to head off an acute debt ...

Fiat-Chrysler CEO: euro system could derail

FRANKFURT (Reuters) - The euro single-currency system could be derailed unless European leaders resolve the debt crisis, a situation that has already prompted Fiat SpA and its affiliate Chrysler Group LLC to examine the timing of vehicle introductions, Fiat's CEO said on ...

Fiat CEO says euro system could go "off the rails"

FRANKFURT (Reuters) - Fiat chief executive Sergio Marchionne said the euro single currency system could "go off the rails" unless European leaders effectively resolve the current debt crisis.Marchionne, who also runs Chrysler, said markets were showing little confidence in Europe's ability to ...

Greenspan sees negative market take on downgrade

Former US Federal Reserve chairman Alan Greenspan said Sunday he believes the financial markets will react negatively to the downgrade of the US credit rating, and will take "a while" to settle."Considering the momentum in which the market went down over the ...
Stop waitingfor the supposed end of the world or 2012, whichever comes sooner. Instead ofspeculating on how soon the New Order of global government will then replacethe USA or, perhaps, what the near-future of a social-democratic America will thenbe like with its ...