Latest Italy News
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Italian and Spanish Alpha League Table 2008 published
EDHEC Risk and Management Research Centre (EDHEC) and EuroPerformance fund analysis company have released the Alpha League Table, their 2008 rankings of the top Italian and Spanish asset management companies. The ranking system is based on a measure of alpha intensity, a performance measure that has been adjusted for the risks actually taken, for all active equity management in the ...
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Italian annuity provider selection process met with questions
The Italian Association of Pension funds (Assofondipensione) has agreed to take responsibility on behalf of its pension fund members to look for a common annuity provider, and has chosen an adviser to help with the selection process. However, global consulting firm, Watson Wyatt, has raised concerns because the consultant overseeing the selection process in government-owned agency ...
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NEWS FOCUS Consultants make Italian pension reform predictions
Italian consultants have given their predictions on what Berlusconi’s election as Italian Prime Minister for a third term could mean for the future of the country’s pensions. With a recent study by Euromonitor International revealing Italy’s public debt to be the highest in Europe, Berlusconi’s Government must address the issues affecting this. Pensions currently ...
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Yet more hiccups for Italian reform
IThe recent pension reforms in Italy may have left commentators underwhelmed but they are unlikely to be the final word on the subject. As European Pensions went to press (January) Italian Prime Minister Romano Prodi had just resigned following a vote of no confidence against his government in the Italian Senate by 156 votes to 161. This means an end to his centre-left government and ...
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Italian firms make pensions a priority
Eight out of ten Italian companies have said that company pension provision is central to their employee benefit and total reward policy, following recent legislation that removes some of the previous constraints on company pension provision. Until now, companies have been restricted by Italian legislation as to what they can offer employees, which has meant that 60% of Italian ...
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Sports Briefing | Cycling 19th Stage of Giro dItalia Canceled Because of Snow
The 19th stage of the Giro ...
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Italian Amusement Park to Host Wojtyla Exhibit
Official Links Launch Into New Millennium to Roller Coaster RideBy StaffROME, May 09, 2013 (Zenit.org) - For probably the first time in the world, a fairground will host an exhibition on a Pope, paying homage to John Paul II's vitality and his capacity to embrace suffering, and also reflecting moments of joy and healthy amusement.The fairground is in Valmontone, 45 kilometers (30 miles) ...
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Religious Freedom Is Theme of Vatican-Sponsored Conference
TEDx Welcomes Eclectic Group of Experts in Rome for Interfaith GatheringBy Ann SchneibleROME, April 19, 2013 (Zenit.org) - Interfaith dialogue. The relationship between faith and science. The unification of people through beauty itself. These were some of the key themes touched upon in today's Vatican-sponsored TEDx conference.TED is a global non-profit project that works to promote the ...
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Vatican Spokesman Named Communicator of the Year
Father Lombardi Recognized for Being 'at the Service of Information'VATICAN CITY, April 19, 2013 (Zenit.org) - A German financial services company has named the director of the Vatican press office as "communicator of the year."Jesuit Father Federico Lombardi was given the honor Thursday at the Vatican by the Allianz Group.The company is present in more than 70 countries and ...
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Palermo tram scheme goes off the rails
In a city of which comic Roberto Benigni once joked that the number one problem was not the Mafia but rather traffic congestion, the new trams have been eagerly awaited ever since work began back in 2006 on a 15km, three-line tram system. Photograph: Getty ...
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Woman in Italian sex case denies own statements
MILAN (AP) — The woman who prosecutors allege had sex with Silvio Berlusconi while he was Italy's premier in exchange for money spent her second day on the witness stand Friday, denying her own sworn descriptions of racy escapades at his "bunga bunga" parties and long lists of expensive jewelry and watches received from the media mogul. Karima el Mahroug, a Moroccan known as ...
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De Rossi calls for calm ahead of Coppa Italia final
Roma midfielder Daniele De Rossi has urged supporters attending Sunday's Coppa Italia final against local rivals Lazio to "leave their weapons and knives at ...
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Inter Milan hires Walter Mazzarri as head coach
Inter Milan fired coach Andrea Stramaccioni on Friday and hired Walter Mazzarri as his replacement, five days after concluding the Serie A season with a highly disappointing ninth-place finish. Inter bid Stramaccioni goodbye in an official announcement on its website and said it had signed Mazzarri to a two-year deal. Mazzarri stepped down as Napoli manager last weekend. Having never coached ...
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Avoid careerism Pope counsels Italian bishops
The litmus test of pastoral ministry is the willingness give one's life entirely to God, Pope Francis told the Italian bishops, gathered in Rome for their 65th assembly on May 24. The Pope led the Italian bishops' conference in a profession of faith. In his remarks to the group, he warned against the temptations toward distraction, laziness, and careerism, which can transform a pastor ...
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Ruby the Heart Stealer admits lying about bunga bunga parties
Karima El-Mahroug, the dancer nicknamed Ruby The Heart Stealer, has told a court that she had previously lied to investigators about raunchy bunga bunga parties hosted by Silvio ...
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Stirring the pot McDonalds serving pasta in Italy
The fast-food giant is partnering with Italian pasta brand Barilla to serve a pasta salad with tuna, tomatoes, peppers, capers and olives with a price of 4.90 euros. Roberto Masi, CEO of McDonald's Italy, said in a statement the new offering was "responding to the tastes of the Italians."Bob O'Brien, global senior vice president of the foodservice division of market research ...
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Italy Culture Czar Wants More Support for Arts Cinema
ROME – Italy’s newly-installed Minister of Culture said his priorities in office will include strengthening government funding for the arts, including a renewal of the cinema tax credit industry players have been calling ...
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Pope Meets with Italian Prime Minister Mario Monti
Situation of Italy, European Integration and Immigration DiscussedBy Junno Arocho EstevesVATICAN CITY, April 29, 2013 (Zenit.org) - On Friday afternoon, Pope Francis met with Italian Prime Minister Mario Monti at the Domus Sanctae Marthae in Vatican City. The Prime Minister, who was accompanied by his wife Elsa, met with the Holy Father in a meeting that lasted roughly 20 minutes.In a communique ...
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Italian Cyclist Danilo Di Luca Suspended for Suspected Doping
Berne, May 24 (Prensa Latina) The International Cycling Union (ICU) provisionally suspended the Italian cyclist Danilo di Luca today, after he tested positive for erythropoietin (EPO) in random testing outside competition on April 29. The body received a report from the anti-doping laboratory in Cologne, Germany, which indicated an abnormal result from Di Luca's urine tests. The preventive ...
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Wine may be big business in Italy but balsamic vinegar is the passion
When Allesandra Medici was born 42 years ago, she was bequeathed the same sort of dowry that had been given to girl children in her family for generations – a set of five barrels holding precious quantities of balsamic vinegar. As she laughingly tells the story, the tradition will die with her – the proprietor of Medici Ermete in the Reggio Emilia province of Italy has two sons ...
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Italian woman seriously wounded in Kabul attack
Kabul: An Italian woman working for the International Organization for Migration was seriously wounded in coordinated attacks in the Afghan capital Kabul on Friday, a spokesman for the group said."One female expatriate member of staff was seriously injured," Chris Lom, IOM spokesman, told AFP from Geneva. "She is Italian," he said, giving no further details."It was ...
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Monte Paschi might not be an isolated bank case in Italy Chairman
"There could be other cases similar (to the one of Monte dei Paschi)," Profumo said at a conference in Bagnaia, close to Siena, where Monte Paschi is ...
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Francis Vicar for Rome Confirmed in Post
This was confirmed in a Latin-language letter dated May 18 and published by the Vatican on Thursday. Cardinal Vallini was appointed to the position on June 27, 2008, by Benedict XVI. The role also entails the positions of Archpriest of St. John Lateran Basilica and Grand Chancellor of the Pontifical Lateran University. Cardinal Vallini, 73, will celebrate his 25th anniversary of priesthood ...
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Bicycle sales outpace car sales in Italy
A quarter-million more bicycles were sold in Italy in 2012 than automobiles, the transport undersecretary said, calling it a revolution in commuting. Bicycle sales outpaced those of cars by 2,000 in 2011, but last year 1.65 million bicycles were sold in the country, compared to 1.4 million cars, the Italian news agency ANSA reported Friday, adding it has been 48 years since more bicycles than ...
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Sting opens up his Tuscan villa - at a price
After spending years restoring his 900 acre estate in Tuscany, the pop star Sting is to throw open its doors – at a price – to anyone who wants to hire it for weddings or ...
Italy Digest
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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 ‘middle man’ and enhance the security of our energy supply, an issue that was underscored in 2005 when ongoing business disputes between Russia and the Ukraine spilled over into trans-national political issues. Read more
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