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Italy's Economy On The Ropes (Again)

Edward Hugh submits: Italian growth is going to be "near zero'' this year amid the worst global financial crisis since World War II, according to Italian Finance Minister Giulio Tremonti earlier today. ``Certainly this is the worst crisis since the war,'' Tremonti said today in testimony before the joint Senate and Chamber budget committees in Rome. ``The effects aren't limited to the financial sector,...

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Tremonti’s best-seller on fear strikes chord

As a former Socialist now fighting what he sees as the perils of unfettered globalisation and Chinese domi-nation, Giulio Tremonti, finance minister in Italy’s new… Share This

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Tremonti's best-seller on fear strikes chord

As a former Socialist now fighting what he sees as the perils of unfettered globalisation and Chinese domi-nation, Giulio Tremonti, finance minister in Italy's new...

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Those irrational Irish

"Citizens are transmitting signals of fear and uncertainty," says Giulio Tremonti, Italy's finance minister. "You can say it's not rational, but we need to react because they are signs of difficulties with the democratic process." You mean because they voted "no"? COMMENT THREAD

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Italy's Tremonti to review way banks are taxed

ROME, June 6 (Reuters) - Italian Economy Minister Giulio Tremonti will review the way tax is calculated on bank earnings, he said on Friday.

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Italy govt says 20-30 bln euro needed in 2009-2011 to erase public deficit

Italy's economy minister Giulio Tremonti said that 20 billion to 30 billion euros are needed in the period 2009-2011 in order to achieve the target of erasing the public deficit by 2011. In a meeting between the government and trade unions, Tremonti said that Italian GDP growth is around zero and constitutes one of the main [ Read more... ]

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Italy seeks private Italian hands for Alitalia

Italy is seeking solutions for Alitalia that would keep it both Italian and privately owned, the government said Saturday, responding to EU warnings against renationalising the ailing air carrier. Economics Minister Giulio Tremonti said the new government of Prime Minister Silvio Berlusconi was “seeking a solution which is Italian and fundamentally private“. Tremonti said Berlusconi’s new government...

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Italy's coalition divided over fate of Alitalia

The fate of Alitalia was a source of disagreement in Silvio Berlusconi's centre-right coalition even before it took office yesterday, with Giulio Tremonti, the new...

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Rome coalition split over fate of Alitalia

Giulio Tremonti, the new finance minister in Silvio Berlusconi's centre-right government, is opposed to the prime minister's rejection of a takeover bid by Air France-KLM

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Berlusconi, back in power, says he has no 'magic wand'

As the new finance minister of Italy, Giulio Tremonti will be in charge of the biggest national debt load in Europe and an economy on the brink of recession.

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Berlusconi Brings Back Two Ministers

Italian Premier-elect Berlusconi named Giulio Tremonti economy minister and Franco Frattini foreign minister

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Berlusconi said open to 'good' Air France bid for Alitalia

LONDON (MarketWatch) -- Giulio Tremonti, who is expected to become economy minister if Silvio Berlusconi wins upcoming elections, told La Stampa that the government would accept Air France-KLM's offer for Alitalia if terms were good. He said the Air France bid would have to take into account the value of the Italian market. Air France-KLM withdrew its offer last week, though there's speculation the...