Boat migrants rocked by EU political storm start to arrive in Spain

By Luis Felipe Fernandez and Jordi Rubio VALENCIA, Spain, June 17 : The first boat in a naval convoy carrying a total of 629 rescued migrants arrived in the Spanish port of Valencia on Sunday, ending a gruelling nine-day sea voyage, but leaving wide open a fierce debate in Europe about how to handle immigration. […]

Italy vows migrant ship cannot dock as Paris-Rome clash escalates

By Philip Pullella ROME, June 13 : Italy said on Wednesday its decision to shut its ports to hundred of migrants aboard a charity ship was firm, as a clash between Rome and Paris over migrant policy heated up. “We will not change (our position) on ships belonging to non-governmental organisations,” Interior Minister Matteo Salvini […]

Italy prepares Spanish migrant convoy, clashes with France

By Crispian Balmer and Steve Scherer ROME, June 12 : Italy forged ahead with plans to send hundreds of migrants to Spain in a small naval convoy on Tuesday after shutting its own ports to them, sparking a war of words with France that exposed EU tensions over immigration. Some 629 migrants, including 11 children […]

Italy shuts ports to migrant boat, asks Malta to open its doors

By Crispian Balmer ROME, June 10 : Italy will refuse to let a humanitarian ship carrying more than 600 migrants dock at its ports and has asked the Mediterranean island of Malta to open its doors to the vessel, government officials said on Sunday. Malta brushed off the request, saying it had nothing to do […]

New Italian economy minister vows to stay in euro, cut debt level

By Crispian Balmer ROME, June 10 : Italy’s new coalition government has no intention of leaving the euro and plans to focus on cutting debt levels, Economy Minister Giovanni Tria said on Sunday, looking to reassure nervous financial markets. Italian government bonds have come under concerted selling pressure on fears the government will embark on […]

Italy’s bond market under renewed pressure, safe-havens shine

By Dhara Ranasinghe LONDON, June 8 : Italy’s government bonds faced renewed selling pressure on Friday, as risk aversion in world markets and unease about Rome’s spending plans set yields on short-dated debt up for their biggest weekly rise since 2012. In contrast, safe-haven German bond yields fell sharply, clawing back some ground after two […]