Italy's economic growth will be 'around zero', says PM Renzi

Italy's Prime Minister has said that Europe's third largest economy will see growth of only "around zero" this year.

Italy's Monti opens door to seeking new term

ROME (Reuters) - Two days after stepping down, Mario Monti announced on Sunday he would consider seeking a second term as Italian prime minister if approached by allies committed to backing his austere brand of reforms.

Mafia now "Italy's No.1 bank" as crisis bites: report

ROME (Reuters) - Organized crime has tightened its grip on the Italian economy during the economic crisis, making the Mafia the country's biggest "bank" and squeezing the life out of thousands of small firms, according to a report on Tuesday.

Italian Economy Shrinks In Q3, Signals Recession

(RTTNews) - The Italian economy contracted in the third quarter mainly led by a fall in domestic demand and investment, and likely entered a recession triggered by the Eurozone's deepening debt crisis, the latest official figures revealed Wednesday.

Italy again pays more to borrow

For the second time in as many market days, Italy paid sharply higher borrowing rates in an auction Monday, as investors continued to pressure the eurozone's third largest economy to come up with reforms urgently.