Associated Press
When Silvio Berlusconi resigned after dominating Italy's political scene for two decades, he left a country in financial shambles and a personal legacy tarnished by sex and corruption scandals...Eight months later the political world is abuzz with...
International Business Times
Articles Moody's warned it could further downgrade Italy's new Baa2 rating, which stands just two notches above junk status, if Milan's access to debt markets dried up. The timing of the downgrade is particularly bad as it comes just hours before...
Ansa
Italian prosecutors closed a probe Friday into Moody's on the same day the New York-based ratings agency downgraded the entire country to two notches above junk status. The investigation, launched by prosecutors in the southern town of Trani, accuses...
AKI
Silvio Berlusconi is jogging and studying issues in preparation for a fresh run for the Italian premiership. The 75-year-old three-time prime minister was spotted recently jogging in a park in Rome, getting fit for an election campaign that will...
The Economic Times
The downgrade of Italy by ratings agency Moody's is unjustified and misleading, Italian Industry Minister Corrado Passera said on Friday. The cut of Italy's rating by two notches to Baa2 is "altogether unjustified and even misleading," Passera said...
The Independent
Italy passed a tough market test today as its three-year borrowing costs fell well below 5 per cent at an auction hours after Moody's cut the country's rating to two notches above junk status. The US rating agency surprised markets today by lowering...