Italian Prime Minister

The regular gathering of the 19 ministers of the currency bloc will be held in the immediate aftermath of Italy's constitutional referendum, with a defeat of Italian Prime Minister Matteo Renzi potentially putting the euro under new pressure and reigniting the smouldering euro zone crisis, further complicating the Greek talks.

Euro under the gun, shares hit after Italy votes 'no' on reform

Renzi's defeat deals a body blow to the European Union already reeling under anti-establishment anger that led to the shock exit of UK from the club in June this year.

Italy's Monti says parties must allow govt to be formed

Outgoing Italian Prime Minister Mario Monti said on Monday that all parties had a responsibility to ensure that a government could be formed after inconclusive elections left no party able to form a majority in the upper house.

Monti vows to clean up company after CEO arrest

Italian Prime Minister Mario Monti today said his government was prepared to do "whatever necessary to clean up" industrial group Finmeccanica after the arrest of its CEO in an investigation related to the sale of 12 helicopters to India.

Berlusconi slams 'feminist' judges for divorce settlement

Former Italian prime minister Silvio Berlusconi slammed a panel of three "feminist and communist" female judges for ruling that he owed his estranged wife 200,000 euros per day as part of a divorce settlement.

EU nervous on events; No rally sans strong currency: NAB

Nick Parsons, head -research, UK and Europe, National Australia Bank, explains to CNBC-TV18 that the European equity markets are nervous on the simulatenous occurrence of events and that a rally in currency was essential for a significant rally in the equity markets.

Full-scale bailouts for Italy, Spain in 6 mnths: Egan-Jones

Spain and Italy need a full-scale bailout from the European Union because of their high levels of government debt and the credit quality of their banks, and will likely seek help within the next 6 months, according to Sean Egan, Founding Partner and President of Egan-Jones, an independent ratings agency.

Analysis: Italy's Monti loses his shine

When Mario Monti became Italian prime minister last November it seemed he could do no wrong. Borrowing costs fell and praise poured in from commentators, international bodies and political leaders on both sides of the Atlantic.

Markets to remain event driven in 2012: Invesco Perpetual

Tim Dickson of Invesco Perpetual expects to see range bound markets going forward. However, he feels that the downside risks for the markets are relatively limited. Moreover, he pointed out that he is not optimistic about a rally in emerging markets this year. The markets will continue to remain event driven in 2012, he added.