Italy’s economy seen growing 4.1% this year, business lobby says

© Reuters. Outbreak of the coronavirus disease (COVID-19) in Rome ROME (Reuters) – Italy’s virus-hit economy is expected to grow 4.1% this year and 4.2% in 2022 in an “uncertain ascent from the abyss”, the country’s business lobby Confindustria said on Saturday. The Italian economy shrank by a post-war record of 8.9% last year, and […]

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Italy’s Draghi sworn in as prime minister of unity government

© Reuters. Incoming Italian Prime Minister Mario Draghi speaks to the media after meeting with Italian President Sergio Mattarella, in Rome ROME (Reuters) – The Italian president swore in the former chief of the European Central Bank, Mario Draghi, as prime minister on Saturday at the head of a unity government called on to confront […]

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Italy’s Di Maio says ‘pragmatism’ needed on use of ESM: paper

© Reuters. FILE PHOTO: News conference after bilateral talks between Italy and Russia at Villa Madama in Rome MILAN (Reuters) – Italy must be “pragmatic” in evaluating whether to tap the European Stability Mechanism (ESM), Foreign Minister Luigi Di Maio was quoted on Saturday as saying, marking a shift in the stance of the ruling […]

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Staff mailboxes at Italy’s Monte dei Paschi suffer hacker attack: document

© Reuters. FILE PHOTO: The entrance of Monte Dei Paschi di Siena is seen in San Gusme near Siena, Italy By Angelo Amante ROME (Reuters) – Hackers have accessed the mailboxes of some employees at Italian state-owned bank Monte dei Paschi ‹BMPS.MI› and sent emails to clients, according to a notice to customers seen by […]

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