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"Italy" tag
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Italy moves to rescue its banks

Italy has moved to rescue banks teetering on the edge of insolvency – by agreeing to inject billions of euros on the public tab. A long period of economic stagnation has left banks holding a...

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Why Portugal Matters?

Many observers continue to tout Italian risks as the greatest in the euro area into the year end. The constitutional referendum that would emasculate the Senate, and end the perfect bicameralism that has contributed to...

‘Healthy’ Mediterranean diet nosedives in Italy as modern life takes over

Italians are admired for their healthy Mediterranean diet, but the pressures of modern society mean many are changing their ways. Yet studies show the benefits of eating à la Mediterranean. The Mediterranean diet has for...

Standard & Poor’s downgrades Italy by one notch

The ratings agency Standard & Poor’s has downgraded Italy’s credit score by one place. S&P noted that the country’s creditworthiness might well take a further hit in the not-too-distant future. The New York-based agency announced...

The science of good coffee

Today it’s hard to find a city street in Italy that doesn’t have at least one coffee bar, serving cappuccino, macchiato, caffé latte and, of course, espresso. But just how hard is it to make...

France sets Google deadline on privacy improvements

Internet giant Google has been told to improve privacy for its clients by France’s data protection agency, CNIL, or face fines. The agency says Britain, Germany, Italy, the Netherlands and Spain plan similar action. France’s...

US firms urge reforms in Germany

US companies like Ford, IBM and McDonalds have invested some 130 billion euros in Germany. Most would expect an attractive business location behind that drive, but can Germany really deliver? The American Chamber of Commerce...

Italy’s sovereign debt bigger than expected

Italy has accumulated more debt in 2011 than previously thought, according to revised figures published by the country’s statistics office. In the eurozone debt ranking, Italy now comes second behind Greece. Italy’s total national debt...

Elgi Equipments buys Italy based Rotair

Through a 100 per cent subsidiary incorporated in Italy, Elgi Compressors Italy, Elgi Equipments Ltd has acquired Italy-based  Rotair S.p.a. Rotair is engaged in the design, manufacture and distribution of a range of compressors and...