[ad_1] Sitting within the Bay of Naples in southern Italy is Campi Flegrei, a vast and restless volcanic caldron. The history of this sleeping colossus includes two massive eruptions, 39,000 and 15,000 …
Read More »S & P leaves Italy's credit rating at BBB and changes its outlook to "negative"
[ad_1] S & P Global Ratings changed the outlook for Italy's sovereign debt rating from "stable" to "negative", with its debt rating equal to BBB, two-notch higher than inferior quality to the …
Read More »Italy's budget concession hopes to restore risk sentiment and boost the euro
[ad_1] LONDON (Reuters) – The euro rebounded Wednesday to its lowest level in six weeks, European equities rose and Italian bonds rebounded, worries that shook markets this week were eased by signs …
Read More »Italy's 10-year borrowing cost climbs to 3.4%
[ad_1] Italy's 10-year borrowing costs reached their highest level since March 2014 after a senior official in the ruling party, the ruling party, said most of the country's problems would be solved. …
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