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Italy slashing budget to fend off debt crisis

www.washingtonpost.com
[Washington Post] - As the Senate approved a $68 billion package of tax hikes and spending reductions, Finance Minister Giulio Tremonti warned that the problems facing the euro currency zone had become like “the Titanic, not even first class passengers will be saved.

Italy joins Greece and Ireland in austerity pain

www.channel4.com
[Channel 4 News] - And if this looks bleak, Italy's Economy Minister Giulio Tremonti is warning that it could get much worse. He believes that not even Europe's strongest economies would be spared the repercussions of the unravelling sovereign debt crisis sweeping the

Italian Stocks - Factors to watch on July 15

www.reuters.com
[Reuters] - [ID:nLDE76D1DP] * Italy's budget deficit will likely be lower than the government's targets this year and next year due to accelerated fiscal cuts, Economy Minister Giulio Tremonti said in an interview wi The Wall Street Journal on Thursday.

A look at economic developments and activity in major stock markets around the ...

www.washingtonpost.com
[Washington Post] - But Finance Minister Giulio Tremonti warned that country-specific measures were not enough — even for larger, stable countries — and that Europe needed a stronger regional plan to stamp out the debt turmoil for good. The vote came after Italy's
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