euro debt

Austrian economy slows down


August 15th, 2012 - 2:35 pm ICT by IANS
Vienna, Aug 15 (IANS) The Austrian economy grew a mere 0.2 percent in the second quarter of 2012, the Austrian Institute of Economic Research (WIFO) reported. The figure was down ... Read more...

Posted in Business |

3,400 fake disabled, poor found in Italy


August 7th, 2012 - 8:22 pm ICT by IANS
Rome, Aug 7 (IANS/AKI) More than 3,400 cases of people fraudulently claiming poverty and disability benefits have been uncovered in Italy this year, including one "blind" man who was caught ... Read more...

Posted in World |

Moody’s cuts outlook on Germany


July 24th, 2012 - 1:08 pm ICT by IANS
Brussels, July 24 (IANS) Moody's Investors Service late Monday lowered its outlook on top-rated Germany, the Netherlands and Luxembourg to negative from stable, citing increasing uncertainties about the euro debt ... Read more...

Posted in Business |

Berlusconi, 75, gets fit for election campaign


July 14th, 2012 - 10:55 am ICT by IANS
Rome, July 14 (IANS) Former Italian prime minister Silvio Berlusconi, who was forced to quit over rising debt and a sex scandal, has taken to jogging and studying issues in ... Read more...

Posted in Politics |

24,000 Italian government employees to lose jobs


July 11th, 2012 - 12:22 am ICT by IANS
Rome, July 10 (IANS/AKI) Around 24,000 government employees in Italy are due to lose their jobs because of spending cuts worth 26 billion euros ($32 billion).Around 11,000 of the workers ... Read more...

Posted in World |

Italy loses 4.5 bn euros in tax frauds


May 3rd, 2012 - 5:02 pm ICT by IANS
Rome, May 3 (IANS/AKI) During the first four months of this year, Italian tax police busted 2,226 people who allegedly evaded 4 billion euros in taxes and 500 million euros ... Read more...

Posted in Business |

1,000 yachts raided in Italy to nab tax cheats


April 4th, 2012 - 4:25 pm ICT by IANS
Rome, April 4 (IANS/AKI) Italy's war on tax cheats moved to the sea where police ran checks on the owners of almost 1,000 yachts docked or sailing off of the ... Read more...

Posted in Uncategorized |

Sensex rallies 350 points, closes above 16,000 (Roundup)


January 10th, 2012 - 6:02 pm ICT by IANS
Mumbai, Jan 10 (IANS) A benchmark index for Indian equities Tuesday rallied 350 points and closed above the 16,000-mark for the first time in almost a month, as firm ... Read more...

Posted in Business |

Sensex goes past the 16,000-mark (Lead)


January 10th, 2012 - 2:37 pm ICT by IANS
Mumbai, Jan 10 (IANS) A benchmark index for Indian equities Tuesday rose past the 16,000-mark and was trading 285 points higher on broadbased buying and as the rupee gained ... Read more...

Posted in Business |

Italy’s industrial output suffers steep October decline


December 9th, 2011 - 1:54 pm ICT by IANS
Rome, Dec 9 (IANS/AKI) Italian industrial production in October suffered its steepest fall in almost two years as the country faced declining demand amid an economic crisis that will probably ... Read more...

Posted in Business |

Euro debt crisis spreads to healthy economies: Official


November 25th, 2011 - 1:27 pm ICT by IANS
Helsinki, Nov 25 (IANS) The euro area debt crisis has spread to healthy economies, said EU Economic and Monetary Affairs Commissioner Olli Rehn in Helsinki Thursday.Rehn made the remarks in ... Read more...

Posted in Business |

Monti to govern till 2013: Berlusconi


November 21st, 2011 - 3:46 am ICT by IANS
Rome, Nov 21 (IANS/RIA Novosti) Italy's new government led by technocrat Prime Minister Mario Monti will govern until the next parliamentary elections scheduled for 2013, former prime minister Silvio Berlusconi ... Read more...

Posted in Uncategorized |

Italy’s new Cabinet wins confidence vote


November 19th, 2011 - 4:40 am ICT by IANS
Rome, Nov 19 (IANS/RIA Novosti) Italian Prime Minister Mario Monti's Cabinet won a second confidence vote in parliament Friday to secure its right to tackle the country's deepening financial crisis.Lawmakwers ... Read more...

Posted in Politics |

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 |

Italian PM appoints new cabinet


November 16th, 2011 - 9:07 pm ICT by IANS
Rome, Nov 16 (IANS/RIA Novosti) Italy's new Prime Minister Mario Monti introduced Wednesday the new members of his cabinet who would aim to reverse the country's financial turmoil, the presidential ... Read more...

Posted in Uncategorized |

Berlusconi hopes to return to government


November 13th, 2011 - 9:12 pm ICT by IANS
Rome, Nov 13 (IANS/RIA Novosti) A day after he resigned as the country's prime minister, Silvio Berlusconi Sunday said he plans to return to the Italian government."I share your views ... Read more...

Posted in Uncategorized |

Sensex slips 1.36 percent on Euro debt concerns (Weekly market review)


November 6th, 2011 - 3:07 pm ICT by IANS
Mumbai, Nov 6 (IANS) Indian equities markets shed some of their last week's gains with benchmark indices slipping about 1.4 percent as investors across the globe continued to be ... Read more...

Posted in Business |

Indian markets close flat as Euro crisis


November 2nd, 2011 - 7:31 pm ICT by IANS
Mumbai, Nov 2 (IANS) Indian equities markets Wednesday closed flat, paring intra-day gains, amid concerns that the European debt crisis could compound after Greece announced its intentions to hold ... Read more...

Posted in Business |

Ferrari chief says Berlusconi must resign


November 1st, 2011 - 11:32 am ICT by IANS
Rome, Nov 1 (IANS/AKI) The head of Italian luxury sportscar maker Ferrari called on embattled Italian Prime Minister Silvio Berlusconi to resign and make way for a caretaker government, or ... Read more...

Posted in Politics |

Consumer confidence dips to three year low in Italy


October 26th, 2011 - 1:14 pm ICT by IANS
Rome, Oct 26 (IANS/AKI) Italian consumer confidence in October fell to its lowest level in more than three years amid concern that efforts to cut spending in Europe's second most ... Read more...

Posted in Business |

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 |

Euro debt crisis to hit global IT spending: Gartner


July 2nd, 2010 - 3:36 pm ICT by IANS
Bangalore, July 2 (IANS) The European sovereign debt crisis and a weaker euro will impact worldwide IT spending in 2010, technology research and advisory firm Gartner said in a revised study on ... Read more...

Posted in Sci-Tech |

Porsche approves $7.1 billion cash infusion


July 23rd, 2009 - 11:57 am ICT by IANS
Berlin, July 23 (DPA) The supervisory board of German carmaker Porsche early Thursday approved a 5 billion euro ($7.1 billion) capital increase that could clear the way for a takeover by Volkswagen. The ... Read more...

Posted in Business |

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