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One in four small businesses had credit line cut in 2012

(ANSA) – Rome, Turin 29 – One out of four small businesses in Italy had its credit line cut more than 27% by banks in 2012, a report by industrialists’ association Confindustria said on Wednesday. For...

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Rehn says Italy has ‘tight margins’ to stay under 3% deficit

(ANSA) – Brussels, May 29 – Italy does not have much maneuvering room in its budget if it wants to keep its deficit below 3%, European Financial Commissioner Olli Rehn said on Wednesday. The country...

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Venice ready for Biennale arts bonanza

(By Kate Carlisle) (ANSA) – Venice, May 29 – The Venice Biennale, considered among the most important contemporary art festivals in the world, has pulled a page from history and chosen the title The...

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Moavero slams EU energy commissioner’s Italy comment

(updates previous) (ANSA) – Brussels, May 29 – Italian Minister of European Affairs Enzo Moavero on Wednesday slammed comments on Italy made by European Energy Commissioner Guenther Oettinger, calling...

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Everest veteran complains tourists ruining mountaineering

(ANSA) – Bolzano, May 29 – Fully 60 years after the first ascent of Mount Everest, the towering peak is being overrun by mountaineers anxious to follow in the footholds of climbing pioneers, says a...

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Milan, other European markets fall sharply Wednesday

(ANSA) – Milan, May 23 – Milan’s leading financial market, like most of its European counterparts, fell sharply on Wednesday over growth concerns in the region and the monetary policy outlook in the...

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Franca Rame remembered for spirited politics and talent

(ANSA) – Rome, May 29 – Italians mourned the death Wednesday of actress Franca Rame, remembered for her talent, her left-wing politics, and close collaboration with her husband, Nobel prize-winning...

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Ex-police in Genoa G8 beatings assigned social work

(ANSA) – Genoa, April 30 – Three policemen found guilty by Italy’s highest appeals court in 2012 of grievous misconduct for beatings at the 2001 G8 summit in Genoa have been assigned social-service...

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Two Italian marines may be let off homicide charges

(ANSA) – Moscow, April 29 – India’s foreign minister told Italian journalists in Moscow on Monday that Indian law recognizes a mitigating factor that offers hope that two Italian marines accused of...

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MPS says may not repay bailout

(By Denis Greenan). (ANSA) – Milan, April 29 – Monte dei Paschi di Siena (MPS), the world’s oldest lender, added a new twist to its saga of woes Monday when it said it might not be able to repay a...

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