Mario Monti

On Thursday, the courts finally caught up with Berlusconi, handing down a verdict which shook the uneasy coalition in which his centre-right rules with the centre-left.

Italy's Berlusconi calls for broad government or early vote

Former Prime Minister Silvio Berlusconi, buoyed by new opinion polls showing a lead for his centre-right coalition, said on Friday Italy must return to the polls quickly unless the centre left agrees to govern with him.

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.

Italian election: Will it be a hung parliament?

In an interview to CNBC-TV18, Alessandro Mercuri, Interest Rate Strategist at Lloyds Banking Group shared his outlook on Italy‘s election.

Euro looks weak ahead of polls in Italy: StanChart

Minutes from Federal Reserve's meeting on Wednesday indicate that a number of senior officials remain concerned about the central bank's bond buying program. Sarah Hewin of Standard Chartered says that the quantitative easing (QE) by the central bank will continue at the current pace until the year ends.

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.

EU budget agreement 'not there yet': Hollande

President Francois Hollande said on Sunday France was keen to agree the European Union's 2014-2020 budget at a summit in Brussels next week, but there was still much work to be done.

Falling Italian bonds yields justified: Finance Minister

Borrowing costs for Italy's indebted government fell to their lowest level in years last week, a move the country's Finance Mininster Vittorio Grilli says is justified even though the economy is entrenched in a recession and the risk of political instability following elections next month looms.

Italian PM Mario Monti resigns ahead of elections

Italian Prime Minister Mario Monti resigned with his political plans still in doubt, paving the way for early elections next year in a lynchpin eurozone state still mired in recession.

Italy PM Monti resigns, elections likely in February

Italian Prime Minister Mario Monti tendered his resignation to President Giorgio Napolitano on Friday, the president's office said, paving the way for national elections in February.

Monti to enter ring in fight for Italy's leadership

Mario Monti will take part in Italy`s elections in February, media reports said on Thursday, confirming speculation that the Italian prime minister will join a centrist group and remain in politics to lead Italy out of the debt crisis.

Euro zone crisis is back as Italy loses its 'saviour'

Mario Monti's announcement that he will step down as Italy's Prime Minister represents a significant setback in the euro zone's rehabilitation, analysts warned on Monday, with the decision set to push up Italian bond yields and heap pressure on the euro as well as push Spain closer to the edge of a funding crisis.

Italy's Monti says he would prefer not to stay on as PM

Italy's Mario Monti said on Monday he would prefer not to stay on as prime minister after elections in April, despite widespread calls for him to do so.

European leaders seek Asian support on debt crisis

Dozens of European and Asian leaders will gather in impoverished Laos today for a major summit set to be dominated by the eurozone debt crisis and growing territorial tensions in the region.

Markets have put Greece woes behind for now: StanChart

Sarah Hewin of Standard Chartered says markets have largely put Greece woes behind it at the moment. “We have seen the peripheral debt markets rallying since Mario Draghi announced the new bond buying plan from the ECB,” she told CNBC-TV18 in an interview.

Tens of thousands protest against austerity in Rome

Tens of thousands of people marched through Rome in a "No Monti Day" on Saturday, some throwing eggs and spraying graffiti to protest against austerity measures introduced by Italian Prime Minister Mario Monti's government.

Italian PM Mario Monti says he won't run for election

Italian Prime Minister Mario Monti said on Tuesday he would not run in elections due in spring, in an interview in which he said Italy no longer risked igniting a debt crisis in the euro zone.

Monti fears eurozone crisis could tear Europe apart

Italian Prime Minister Mario Monti has voiced fears that tensions sparked by the eurozone crisis have already turned countries against each other and must not be allowed to rip Europe apart.

Spain inches closer to seeking sovereign bailout

Spain inched closer to seeking a sovereign bailout on Friday as Prime Minister Mariano Rajoy opened the door to a request, although he said he needed first to know the attached conditions as well as the form the rescue would take.

Obama says US backs 'decisive action' in euro-zone crisis

President Barack Obama reiterated his support for "decisive action" to resolve the euro zone debt crisis in talks with Italian Prime Minister Mario Monti on Tuesday.

Merkel, Monti pledge to do everything to protect eurozone

German Chancellor Angela Merkel and Italian Prime Minister Mario Monti will do everything to protect the euro zone and swiftly implement measures agreed by European leaders in June, their governments said in a statement on Sunday.

Italy appoints new finance minister to replace Monti

Italian Prime Minister Mario Monti will step down as finance minister and the current deputy minister Vittorio Grilli will take his place, the government said today.

Euro defeat for Merkel? Only time will tell

At first glance, the big winners from Europe's latest euro-saving summit were the leaders of Italy, Spain and France.

Financially troubled Spain, Italy gear up to Euro Cup clash

CNBC-TV18 reports that Italy will now face Spain in the finals. If Spain wins, they will be the first team to win three major championships in a row and the first to win two European cups back-to-back

Euro's big four agree growth boost, split on bonds

German Chancellor Angela Merkel resisted pressure on Friday for common euro zone bonds but agreed with leaders of France, Italy and Spain on a 130 billion euros package to revive growth.