Berlusconi Barely Survives Confidence Vote
The Italian prime minister lives to fight another day.
Italy
Italy, Netherlands Reconsider JSF Purchases
As the costs of the F-35 fighter aircraft continue to mount, both Italy and the Netherlands are reconsidering their purchases.
Ireland Renews Fears of European Debt Crisis
As different countries in the eurozone struggle, pressure on Ireland to accept a bailout is mounting.
Unions March Against Austerity in Europe
With conservatives in power in most of Europe, the left is rallying to protest spending cuts and pension reform.
Fear of Change Propels Populists to Power
Anti-immigration movements are on the rise, but there may be more to their success than Islam.
Europe Braces for Spending Cuts
While the Greek debt crisis and subsequent decline of the euro continue to worry investors around the world, the people of Europe are preparing for severe austerity measures, and not just in the troubled south. With hundreds of billions of euros pledged to stabilize the common currency, European leaders are forced to make major cutbacks […]
Saving the Euro
Bending the rules of euro management, European leaders and finance ministers agreed to an unprecedented effort to guarantee the stability of the eurozone with loans adding up to nearly $1 trillion (or €750 billion) this weekend. In spite of the multibillion euro rescue package previously pledged to Greece, investors continued to worry about the unsound […]
Berlusconi Government on Brink of Collapse
The flamboyant Italian prime minister has survived numerous scandals but his time appears to be running out.
City of Venice Flooded
The ancient Italian city of Venice has slowly been sinking for many years. Early Wednesday morning, an unusually high tide flooded most of the city once again, forcing its denizens to wade through knee-high waters or make use of the improvised, elevated boardwalks set up in St Mark’s Square and other public spaces. The waters […]