Italian lawmakers give deficit-busting budget 1st approval

Italian Economy Minister Giovanni Tria attends a press conference in Rome, in Rome, Wednesday, Dec. 5, 2018. (AP Photo/Andrew Medichini) Italian lawmakers have given their first approval to the populist government's deficit-busting spending plan for 2019. Continue Reading Below The lower Chamber of Deputies on Friday night OK'd the proposal, put to a confidence vote to help close bickering ranks […]

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Investors snub Italian bonds amid budget spat with EU

Investors are snubbing Italian bonds amid concerns over a dispute between the nation's populist government and the European Union's executive Commission. Continue Reading Below Orders for the four-year Italian bonds on Thursday reached 2.16 billion euros ($2.47 billion), well below the more than 8 billion euros expected and the second-worst result ever. The record high was 22.2 billion euros in […]

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Italian populist leader 'guarantees' nation won't exit euro

Deputy Premier and Labor Minister Luigi Di Maio talks to reporters during a press conference at the Foreign Press Association headquarters, in Rome, Friday, Nov. 9, 2018. (AP Photo/Andrew Medichini) The head of one of Italy's ruling parties says he guarantees that Italy won't exit the euro currency bloc nor exceed its targeted deficit limit. Continue Reading Below Deputy Premier […]

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