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Italian Parliament Set to Vote on Austerity Plan

Posted December 16th, 2011 at 5:30 am (UTC-5)
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The Italian government faces a crucial parliamentary vote of confidence Friday over an austerity package intended to help Europe’s third largest economy get its finances in order. The lower house of parliament is expected to vote on a $39 billion austerity package Friday, with the upper house voting next week. Prime Minister Mario Monti’s technocratic […]

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Italy Calls For Parliamentary Vote of Confidence on Austerity Package

Posted December 15th, 2011 at 4:35 pm (UTC-5)
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The Italian government has called for a parliamentary vote of confidence on an austerity package aimed at helping the European Union’s third largest economy survive its debt crisis and get its finances under control. The lower house of parliament is expected to vote on the $39-billion austerity package on Friday, with the upper house set […]

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Italy Releases Jailed Prisoners Early to Save Money

Posted December 15th, 2011 at 9:05 am (UTC-5)
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Italy’s new Justice Minister has announced plans to free thousands of prisoners from jail this week in an attempt to ease overcrowding and save the cash-strapped country millions of dollars. Paola Severino’s plan would release some 3,300 prisoner with 18 months or less to serve on their sentences. The released prisoners with serve the remainder […]

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Italian Gunman Kills 2, Wounds 3 in Apparent Hate Crime

Posted December 13th, 2011 at 3:25 pm (UTC-5)
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Italian authorities say a writer with extreme right-wing political views has shot and killed two Senegalese street vendors and wounded three other Africans in a pair of shootings in Florence. Officials say 50-year-old Gianluca Casseri opened fire with a large pistol at Piazza Dalmazia Tuesday, killing two men and seriously wounding a third. He later […]

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Italian Police Arrest Top Mafia Boss Zagaria

Posted December 7th, 2011 at 5:05 pm (UTC-5)
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Italian police have arrested Mafia boss Michele Zagaria, the most senior head of the powerful Casalesi clan and one of the country’s most wanted fugitives. Police arrested Zagaria Wednesday in an underground bunker in his hometown of Casapesenna, near Naples in southern Italy. The 53-year-old Zagaria, who has been on the run for the last […]

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Italian Police Arrest Top Mafia Boss Zagaria

Posted December 7th, 2011 at 11:50 am (UTC-5)
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Italian police have arrested Mafia boss Michele Zagaria, the most senior head of the powerful Casalesi clan and one of the country’s most wanted fugitives. Police arrested Zagaria Wednesday in an underground bunker in his hometown of Casapesenna, near Naples in southern Italy. The 53-year-old Zagaria, who has been on the run for the last […]

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Italy Approves Austerity Measures

Posted December 4th, 2011 at 8:55 pm (UTC-5)
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Italy’s new prime minister said his government has approved a package of emergency budget measures worth more than $40 billion that will help pull Italy back from the brink of bankruptcy. Mario Monti said Sunday the measures include immediate budget cuts as well as significant steps to fight tax evasion. To do his part to […]

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Italy Approves Austerity Measures

Posted December 4th, 2011 at 5:20 pm (UTC-5)
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Italy’s new prime minister said his government has approved a package of emergency budget measures worth about $26 billion that will help pull Italy back from the brink of bankruptcy. Mario Monti said Sunday the measures include immediate budget cuts as well as significant steps to fight tax evasion. To do his part to cut […]

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Italy Approves Austerity Measures

Posted December 4th, 2011 at 4:45 pm (UTC-5)
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Italy’s new prime minister said his government has approved a package of emergency budget measure worth about $26 billion that will help pull Italy back from the brink of bankruptcy. Mario Monti said Sunday the measures include immediate budget cuts as well as significant steps to fight tax evasion. To do his part to cut […]

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Somali Pirates Release Hijacked Italian Ship

Posted November 26th, 2011 at 2:45 am (UTC-5)
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An Italian shipping company and Italian media say Somali pirates have released an Italian merchant ship and its crew seized seven months ago. The MV Rosalia D’Amato had been sailing from Brazil to Iran with a cargo of soybeans when pirates commandeered the boat April 21 in the Arabian Sea, off the coast of Oman. […]

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