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EUR USD1.321801-27 11:17
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Forex: EUR/USD climbs above 1.3200 despite EZ downgrades
Fitch downgrades 5 euro zone countries including Spain and Italy
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Culture (modern, old and ancient), fabulous food, historic sites, varied and stunning scenery, beaches, jagged coastline, architecture, skiing, opera, water sports, health and beauty spas, ruins, and shopping for clothing, shoes and designer goods are Italy's primary attractions.

Those who want a diverse, fairly informal vacation, who are romantics, and who love art, history and lovely settings will enjoy Italy.


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Join us on the new DiggFollow us on TwitterFollow us on Facebook The Italy News Feed

Saturday 28th January, 2012

  • Fitch cuts rating of five eurozone nations rating

      Fitch cuts rating of five eurozone nations rating

    The Italy News.Net

    NEW YORK - Fitch Ratings Friday downgraded the sovereign credit ratings of five euro currency countries - Italy, Spain, Slovenia, Belgium and Cyprus, contending they lack financing flexibility in ...

    • Italy must urgently act to end violence against women, UN rights expert says

    The Italy News.Net

    Italy must do more to protect women from violence and urgently address the underlying structural causes of gender inequality and discrimination, an independent United Nations human rights expert ...

    • Italy cruise ship survivors to get compensation

    The Italy News.Net

    Passengers on the wrecked Italian cruise ship Costa Concordia will receive a compensation lump sum of 11,000 euros (around $14,000) each, the Italian Association of Tour Operators said in a ...

  • Lady Gaga lending hand in dad's restaurant

    The Italy News.Net

    Lady Gaga has got her hands dirty helping her father in the kitchen of his new Italian restaurant. The 'Pokerface' hitmaker has been helping dad Joe Germanotta prepare for the big opening of his ...

  • AP Exclusive: Vatican rewrites money launder law

    San Diego Union-Tribune

    VATICAN CITY -; The Vatican has rewritten its 2010 anti-money laundering law after European inspectors found that it didn't fully meet their tough standards to combat the financing of ...

  • World Travel News Weekly: Israel, Ireland and Italy

    Beach Connection

    Covering World Travel and the Oregon coast: Astoria, Seaside, Cannon Beach, Manzanita, Nehalem, Wheeler, Rockaway, Garibaldi, Tillamook, Oceanside, Pacific City, Lincoln City, Depoe Bay, Newport, ...

  • Travel News: New Hotel in Romania, Discounts in Italy

    Beach Connection

    Covering 180 miles of Oregon coast travel: Astoria, Seaside, Cannon Beach, Manzanita, Nehalem, Wheeler, Rockaway, Garibaldi, Tillamook, Oceanside, Pacific City, Lincoln City, Depoe Bay, Newport, ...

  • Oregon Coast Sand and Plants Examined in Florence Beach Walk, Lecture

    Beach Connection

    Covering 180 miles of Oregon coast travel: Astoria, Seaside, Cannon Beach, Manzanita, Nehalem, Wheeler, Rockaway, Garibaldi, Tillamook, Oceanside, Pacific City, Lincoln City, Depoe Bay, Newport, ...

  • Fitch cuts Italy, Spain, other euro zone ratings

    RTB News

    Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two ...

  • Vatican rife with corruption, TV show alleges

    Irish Times

    PADDY AGNEW in RomeWas the secretary general so good at his job he made serious Holy See enemies?THIS IS a tale of corruption, dishonesty, poison-pen letters and fetid rivalry in the Holy See. At ...

  • Italian, Spanish Ratings Cut Two Notches by Fitch on Crisis

    Business Week

    Jan. 28 (Bloomberg) -- The credit ratings of Italy, Spain and three other euro-area countries were cut by Fitch Ratings, which said the five nations lack financing flexibility in the face of the ...

  • Earthquakes hit Italy, Greece

    UPI

    Separate earthquakes shook northern Italy and the Greek island of Crete, officials said. A 5.4-magnitude quake hit northern Italy Friday, the second quake in two days for the region, Italy's ...

  • AC Milan pull out of Tevez chase

    BBC Sport

    City criticised Milan for the way they had gone about trying to sign the Argentine striker, while Inter Milan and French Ligue 1 club Paris Saint-Germain both withdrew from the race to sign Tevez ...

  • Park and ride: Young Italians are reviving the once popular pastime of car sex

    The Independent

    The cars are lined up in a solid row from the hill of Vomero all the way down to Posillipo, and well into the deep green of the Park of Remembrance. "The girls never wanted to go there," ...

  • Italy bill sale success boosts mood ahead of Monday

    General Sources

    Italy 's six-month funding costs fell sharply on Friday to levels last seen before the country came to the fore of the euro zone debt crisis last summer, helping power a rally in its bonds ...

  • Fitch Downgrades Ratings of Italy and Other Countries

    International Herald Tribune

    Fitch on Friday downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain, indicating that there was a 1-in-2 chance of further cuts in the next two years. In a ...

  • Sister ship of Italian Costa Concordia arrives in San Francisco

    San Francisco Business Times

    San Francisco Business Times by Patrick Twohy, Senior Editor Date: Friday, January 27, 2012, 1:16pm PST - Last Modified: Friday, January 27, 2012, 4:11pm ...

  • Milan pull out of Tevez race

    soccerway

    AC Milan CEO Adriano Galliani said the club had pulled out of the race to sign Manchester City striker Carlo Tevez. AC Milan CEO Adriano Galliani said the club had pulled out of the race to sign ...

  • Fr. Lombardi: Vatican corruption charges 'well beyond reality'

    EWTN

    The official Vatican spokesman says an Italian television broadcast claiming to disclose financial corruption at the Vatican exaggerated the situation. Fr. Federico Lombardi, S.J., questioned the ...

  • Press Note On Italian Television Programme

    EWTN

    VATICAN CITY, 26 JAN 2012 (VIS) - At midday today the Holy See Press Office published a note written by its director, Fr. Federico Lombardi S.J., concerning a television programme, "Gli ...

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Italy heavily involved in multi billion euro South Stream project


Italy heavily involved in multi billion euro South Stream project

Italy’s natural gas company ENI is a major investor in the South Stream natural gas pipeline project, but the infrastructure development is being held up by a number of trans-national issues, which the Italian government believes is detrimental to the country’s energy security.

South Stream is the name of the transit pipeline that is intended to transport natural gas from Russia to Southern Europe, bypassing Belarus and the Ukraine. It has been highlighted by Prime Minister Berlusconi as important for the energy needs of Italy as it will eliminate the so-called ... more


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