Italy’s new PM vows radical change as party bosses nod

By Steve Scherer and Angelo Amante ROME, June 5 : Italy’s new prime minister promised on Tuesday to bring radical change to the country, including more welfare and a crackdown on immigration, as the two party bosses who hold the keys to his anti-establishment government nodded their approval. Prime Minister Giuseppe Conte addressed the Senate, […]

Italy’s PM promises radical change in address to parliament

By Steve Scherer ROME, June 5 : Italy’s new prime minister promised on Tuesday to bring radical change to the country as he sought parliamentary backing for an anti-establishment government which plans to challenge European Union rules on budgets and immigration. Prime Minister Giuseppe Conte addressed the Senate, flanked by the leaders of two formerly […]

Italy’s “government for change” seeking parliament’s backing

By Steve Scherer ROME, June 5 : Italy’s anti-establishment government will seek backing in the Senate on Tuesday, one of the final hurdles before it can begin implementing its plans to challenge European Union rules on budgets and immigration. Prime Minister Giuseppe Conte on Tuesday will ask the upper house to vote confidence in his […]

Italy will no longer be “Europe’s refugee camp,” vows new government

By Gavin Jones ROME, Jun 4 : Italy will no longer be “Europe’s refugee camp”, newly installed interior minister Matteo Salvini said on Monday as he promised tough action to reduce migrant arrivals and send back those who have already come. Salvini, head of the right-wing League and a deputy prime minister in the eurosceptic […]

Markets breathe easier as Italy government sworn in

By Philip Pullella ROME, Jun 1 : Italy’s new anti-establishment government was being installed on Friday, calming markets spooked by the possibility of snap elections that might have become a de facto referendum on quitting the euro. President Sergio Mattarella was due to swear in Prime Minister Giuseppe Conte, a little-known law professor, and a […]

Italian bonds rebound on coalition deal, no-confidence vote in Spain looms

By Dhara Ranasinghe LONDON, June 1 : Italy’s borrowing costs fell sharply on Friday after anti-establishment parties revived a coalition deal, apparently averting snap elections just as focus switched to Spain where the prime minister is set to be toppled. Pedro Sanchez was almost certain to become Spain’s new leader after his Socialist party secured […]