Around 3,200 passengers and 1,000 crew members were being evacuated from a cruise ship off the coast of Italy late Friday, after it ran aground and started taking on water, the Italian coast guard sai

Italian Prime Minister Mario Monti warned on Wednesday of possible 'anti-European' protests in his country if Rome's reform efforts were not recognised, ahead of a key meeting with Germany's chancello

Organized crime has tightened its grip on the Italian economy during the economic crisis, making the Mafia the country's biggest ‘bank’ and squeezing the life out of thousands of small firms, accordin

Italy's government faces a confidence vote in parliament on Friday, a move to speed up approval of a 33-billion euro ($43 billion) austerity package intended to restore market confidence in the euro zone's third largest economy.

Italy on Sunday unveiled a draconian austerity programme worth 20 billion euros ($27 billion) in a bid to avoid bankruptcy for the eurozone's third largest economy but warned a new recession was loomi

Italian Prime Minister Mario Monti's government on Thursday won a confidence vote in the senate, hours after the former EU commissioner laid out radical reforms to cut Rome's huge debt burden.

Monti

Italy's Mario Monti said on Tuesday he was ‘absolutely convinced’ the country will overcome an unprecedented debt crisis, adding that he would unveil his new government ‘within hours’.

"I am absolute

Italy's Mario Monti said on Tuesday he was ‘absolutely convinced’ the country will overcome an unprecedented debt crisis, adding that he would unveil his new government ‘within hours’.

"I am absolute

Italy's Mario Monti said on Tuesday he was ‘absolutely convinced’ the country will overcome an unprecedented debt crisis, adding that he would unveil his new government ‘within hours’.

"I am absolute

Italian President Giorgio Napolitano on Sunday nominated ex-European commissioner Mario Monti to form a new government, a day after Silvio Berlusconi quit after dominating politics for nearly two deca