Latest Italy News
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Italian government committed to Telecom Italia jobs network
MILAN (Reuters) - The Italian government is committed to safeguarding jobs and the security of Telecom Italia's (TLIT.MI) fixed-line phone network, Industry Minister Flavio Zanonato said on Wednesday. The minister's comments come ahead of a ...
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First Vatican Report Against Money Laundering Released
The Vatican’s Financial Information Authority (AIF) published its first annual report, which examines the activities and statistics of ...
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Vatican financial body finds possible money laundering
01/04/2013 14:35 CET The scandal plagued Vatican Bank has published the first annual report from its newly formed financial watchdog agency revealing that it had detected six possible attempts to use the Holy See to launder money last year. As part of efforts to increase transparency it said it is now screening account-holders. It also plans to beef up regulations and has enlisted an ...
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Visconti Takes Second Stage Win in Giro dItalia
VICENEZA, Italy ...
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Francis Ford Coppola to Direct Italian-American Saga
Godfather helmer is readying an untitled film that will chronicle an Italian-American family and span from the 1930s to the 1960s. Coppola became one of the most celebrated directors in cinema after bringing the Corleone family saga to the big ...
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INTERVIEW-Italys Eni chips away at monolithic French gas market
Wed May 22, 2013 12:28pm EDT * Eni wins 50,000 gas customers in eight months * Raises forecast to 650,000 customers by 2016 * Tough market for new entrants, says CEO * Obstacles are govt policy and GDF Suez dominance By Geert De Clercq and Benjamin Mallet PARIS, May 22 (Reuters) - Every day about 500 French consumers sign up with Italian gas vendor Eni as it chips away at the near-total ...
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Vatican Doctrine Office Confused By Cardinals Lcwr Comments
VATICAN CITY, May 7 (CNA/EWTN News) .- The Vatican's doctrine congregation has released a statement saying the media misreported a cardinal's remarks about the ongoing reform of a group of American sisters, but an inside source at the department says it is confused because the matter is their "exclusive responsibility."An official at the Congregation for the Doctrine of the ...
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Cardinal Bertone Sends Condolences on Passing of Italian Senator
Message Sent on Behalf of Pope Remembers Giulio Andreotti as a Devout Son of the ChurchBy Junno Arocho EstevesVATICAN CITY, May 07, 2013 (Zenit.org) - Cardinal Tarcisio Bertone, Vatican Secretary of State, sent a message of condolence on behalf of the Holy Father to Livia Danese Andreotti, wife of Italian Senator Giulio Andreotti who passed away yesterday at the age of 94.Andreotti, who served ...
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Captain in Italy cruise ship crash faces July trial
The captain of the Costa Concordia cruise ship will go on trial from July 9 for manslaughter over the January 2012 disaster in which 32 people lost their lives, an Italian judge ruled on ...
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Millions of poverty-stricken Italians unable to afford heat meat amid economic crisis
Prices As a severe recession and unprecedented unemployment sweeps Italy, millions of people are struggling to make ends meet. The number of those receiving food assistance has doubled in the past two years, according to a government ...
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Italy to Press Fiat Chief Over His Commitment to Country
Sergio Marchionne over concerns he's shifting the carmaker and heavy truck manufacturer Fiat Industrial SpA away from the country. Industry Minister Flavio Zanonato told ...
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Ex-captain of Concordia ship to face trial
A judge in Italy has ordered a trial for the ex-captain who allegedly abandoned the Costa Concordia cruise ship after it hit a rock last year. Francesco Schettino, who has been charged with dereliction of duty and multiple manslaughter, will face trial starting July 9, ANSA reported. Schettino was manning the Costa Concordia when it hit a rock on Jan. 13, 2012, near the island of Giglio. ...
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Rai attends Mass in Vatican
Middle East and I hope God will answer the prayers of the pontiff," said Rai. Rai took part in the daily Mass held at the Vatican and then held a closed-door meeting with the pope.The Lebanese Cardinal is attending a three-day conference dealing with the subject of migrants and refugees. During the first day of the conference, the cardinal addressed the situation in the Middle East and the ...
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Pope Francis urges Chinas Catholics to stay loyal to Rome
ROME (Reuters) - Pope Francis on Wednesday urged Catholics in China to remain loyal to the Vatican, whose authority is challenged by China's Communist rulers. China's Catholics number between 8 and 12 million and are divided between the state-sanctioned Catholic Patriotic Association, which has installed bishops without Vatican approval, and an "underground" wing loyal to the ...
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UPDATE 1-Terna sale shows foreign appetite for Italy assets
Wed May 22, 2013 8:58am EDT * Shares placed at 3.35 euros, discount of 4.6 pct * Follows major equity sale of Snam shares * Strong demand for Italian assets - UniCredit (Recasts lead, adds banker comment, shares) By Stephen Jewkes MILAN, May 22 (Reuters) - UK and U.S. based investors have bought 60 percent of a 360 million euro stake in Italian power grid operator Terna in a share offer that ...
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Pope Calls Missionaries of Charity House A Beautiful Reality Within the Vatican
Yesterday afternoon, Pope Francis visited the ‘Casa Dono di Maria’ (Gift of Mary House), a soup kitchen located within the Vatican and maintained by the Missionaries of Charity. The purpose of the Holy Father’s visit was to commemorate the 25th anniversary of Blessed Pope John Paul II granting custody of the house to Blessed Teresa of ...
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Italy Atlas Copco Deploys HB 4100 Breaker at Giglio Island
The work is the first phase of a major maritime engineering operation in which Atlas Copco is closely collaborating with Sales SpA, a well known Italian construction company specializing in infrastructure and maritime projects. For underwater demolition of granite rocks at a depth of ten meters, Sales SpA is using an Atlas Copco HB 4100 breaker , with a machine weight of 4,150 kg, attached to a ...
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Trial for captain in deadly shipwreck in Italy
ROME (AP) -- A judge in Italy has ordered the captain of the Costa Concordia to stand trial in the shipwreck of the cruise liner, which struck a reef off Tuscany last year, killing 32 ...
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Vatican says credible against money laundering
VATICAN CITY (AFP) - The Vatican on Wednesday said it was a "credible partner" in the struggle against money laundering as it published its first-ever report on efforts to meet international rules on suspect financing.The Vatican "is already a credible partner," said Rene Bruelhart, director of the Vatican's Financial Intelligence Authority (FIA), who was appointed last ...
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Italy approves law on controversial stem cell therapy
Italian lawmakers on Wednesday gave their final approval to a law that allows limited use of a controversial type of stem cell therapy which has been condemned by many scientists but has given hope to families of terminally-ill ...
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Slaughters Italian ally overhauls structure in generational shift
Bonelli Erede Pappalardo, Slaughter and May's Italian best friend, has overhauled its governance and structure and elected two new managing partners in a bid to ensure its ...
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Cannes Selection Shows Unraveling of Contemporary Italy
Paolo Sorrentino's "The Great Beauty," a nostalgic, melancholic ode to the eternal city Rome, is one of several films that touch on the unraveling of contemporary Italy in official selection at the Cannes film festival this year.Also competing for the prestigious Palme d'Or award to be handed out on May 26 is "Un Chateau en Italie" ("A Castle in Italy") by ...
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Italy’s Export Growth to Help Spur Recovery in 2014 Istat Says
Italian exports will record almost double-digit growth through 2014, helping the euro region's third-biggest economy recover next year, National Statistics Institute Istat said. Sales abroad of Italian goods and services will increase 9.7 percent in the two-year period, Rome-based Istat said today in its annual report. Exports of manufactured goods will advance 10 percent, with sales ...
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Millions falling into poverty in recession-racked Italy report
ROME (Reuters) - Millions of Italians cannot afford to heat their homes properly or eat meat as their country is racked by recession and soaring unemployment, said a report which found the number of people considered seriously deprived had doubled in the past two ...
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‘Cake Boss’ star and pastry chef Buddy Valastro to open Italian American restaurant at Palazzo
Elizabeth Blau of Blau & Associates with business partner Jason Lapin, center, and husband Kim Canteenwalla at Honey Salt, a new restaurant at 1031 S. Rampart Blvd. in Summerlin, on Monday, Oct. 22, 2012. END .inline-content ...
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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