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Dramatic pre-dawn Eurozone deal sends markets soaring
A dramatic pre-dawn deal to save the euro and revamp the eurozone by leaders of the 17 eurozone nations brought immediate relief to crisis-hit Italy and Spain and sent markets soaring on Friday. At the end of tense talks that stretched almost till dawn, EU president Herman Van Rompuy hailed…
EU summit in spotlight as debt crisis deepens
EU leaders debate “a big leap forward” to strengthen their union and save the euro at a two-day summit starting Thursday, but divisions may scuttle efforts to shore up the single currency. European Union heads of state and government gather from 3:00 pm (1300 GMT) as the debt crisis, now…
Microsoft’s Greek headquarters attacked by arsonists
Microsoft’s Greek headquarters were attacked by arsonists and government statisticians in Italy staged a sit-in pay protest as anti-austerity demonstrations continued to sweep the eurozone. Microsoft’s Athens offices were seriously damaged after armed arsonists drove a stolen truck through the entrance in the early hours of Wednesday morning, and then…
Eight killed as Italy hit by new quake
A 5.8 magnitude earthquake which struck northeast Italy on Tuesday killed eight people and injured several others, police told the ANSA news agency. Three people were killed in San Felice del Panaro when a factory collapsed, two others died in the town of Mirandola, one in Concordia and one in Finale, police captain Salvatore Iannizzotto in Modena said.…
Charred notebooks and tears at Italy school bombing
Charred notebooks lay strewn at the scene of a deadly bomb blast outside a school in Brindisi in southern Italy on Saturday, as thousands took part in an emotional demonstration in the city. “There was huge black smoke, debris all over the place, piercing screams,” said Corradino De Paolis, a passer-by who rushed…
U.S. returns looted artifacts to Italy
WASHINGTON — The United States returned seven stolen and looted artifacts to Italy on Thursday, including a rare Renaissance oil-on-copper painting and three pages ripped out of antique choir books. Homeland Security Janet Napolitano formally signed over the items — which also included a pair of 2,000-year-old ceramic vessels and…
Austerity hits Italy’s crumbling cultural heritage
After slashing arts budgets and with its most famous monuments badly in need of repair, Italy’s government is increasingly looking to private investors to help it preserve a priceless cultural heritage. The biggest initiative so far, however, is faltering after billionaire Diego Della Valle said he might pull his 25…
Italian wine industry booming despite European debt crisis
Italy’s wine industry is flourishing despite the recession, with booming exports to foreign markets and competitive domestic pricing, experts said Monday at the start of the Vinitaly trade fair. “Italian wine growers have been able to seize the moment,” said Giovanni Mantovani, director of Verona Fiere, the company which organises…
Italy court rules LGBT have right to ‘family life’
Italy’s highest civil court opened the way for homosexuals to have the same rights as heterosexual married couples Thursday, but it upheld a ban on gay marriage and said those celebrated abroad were not valid in Italy. In a ruling welcomed by gay rights groups, the court said that homosexuals…
Ten arrests in global child porn network
Ten people have been arrested in France, Italy, Portugal and the United States in an Italian-led inquiry into an online child porn network operating in 28 countries, investigators said Thursday. The prosecutor’s office in Florence headed the probe, nicknamed “Operation Nanny”, in coordination with the European Union’s judicial cooperation unit…
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