bank of italy

Mario Monti sworn in as Italian premier


November 17th, 2011 - 8:46 am ICT by IANS
Rome, Nov 17 (IANS) Mario Monti took over as Italy's new premier Wednesday after leading the newly selected cabinet ministers who were sworn in at the presidential palace here.Monti's ... Read more...

Posted in Politics |

Cost-cutting measures fall short: Italy’s central bank chief


October 13th, 2011 - 11:57 am ICT by IANS
Rome, Oct 13 (IANS/AKI) Italy's recent efforts to put its public finances on a healthier footing are falling short, according to the head of the Bank of Italy, Mario Draghi."The ... Read more...

Posted in Business |

Italy takes control of Libyan bank


March 15th, 2011 - 11:58 am ICT by IANS
Rome, March 15 (IANS/AKI) The Bank of Italy has announced that it has put Libyan-controlled Banca UBAE under special administration after the European Union decided last week to freeze the ... Read more...

Posted in World |

35 suspected members of Calabrian mafia arrested in northern Italy


March 14th, 2011 - 9:57 pm ICT by BNO News
MILAN, ITALY (BNO NEWS) -- Italian police on Monday arrested 35 suspected members of the Calabrian mafia in northern Italy, the ANSA news agency reported.The 35 individuals are suspected members of the ... Read more...

Posted in World News |

Pope to issue new rules to counter financial crimes


December 30th, 2010 - 8:58 pm ICT by IANS
Rome, Dec 30 (IANS) The Vatican plans to unveil new rules intended to counter financial crimes and make its financial activities more transparent, a media report said Thursday. The decision has been ... Read more...

Posted in Business |

Italy’s central bank head gives bleak view of growth


October 29th, 2010 - 12:22 pm ICT by IANS
Rome, Oct 29 (IANS/AKI) The head of Italy's central bank Thursday warned that his country's rebound from the worst recession in more than six decades should continue to be slow through at ... Read more...

Posted in Business |

Vatican defends its bankers in money laundering probe


September 23rd, 2010 - 5:08 pm ICT by IANS
Vatican City, Sep 23 (IANS/AKI) The Vatican has moved to defend the president and chief executive of its bank, who are involved in a formal money laundering investigation. In a letter to ... Read more...

Posted in World |

Vatican Bank being investigated over money laundering allegations


September 21st, 2010 - 11:31 pm ICT by Aishwarya Bhatt
Vatican City, Sep 21 (THAINDIAN NEWS) Prosecutors in Italy have started an enquiry into the Vatican's top bank executives on Tuesday, on suspicion that they have violated money laundering legislation.The Vatican has ... Read more...

Posted in World News |

Italians declare 97 bn euros stashed off-shore


June 22nd, 2010 - 3:35 pm ICT by IANS
Rome, June 22 (IANS/AKI) Italians who stashed money in off-shore bank accounts declared 97 billion euros in the last eight months since the government announced amnesty for tax evaders. Under a tax-evasion amnesty ... Read more...

Posted in Business |

Italian tax amnesty nets 95 bn euros


December 30th, 2009 - 3:10 pm ICT by IANS
Rome, Dec 30 (IANS/AKI) The Italian government's tax amnesty scheme has netted a record 95 billion euros from funds and assets held abroad, Economy Minister Giulio Tremonti has said. The controversial three-month ... Read more...

Posted in Business |

Italy to give banks a `stress test’


March 18th, 2009 - 1:02 pm ICT by IANS
Rome, March 18 (Xinhua) Italy will give banks a "stress test" to see if they have enough capital to weather the current economic recession, the Italian central bank governor has said here. ... Read more...

Posted in World |

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