Italy cuts 2015 deficit goal to win EU approval for budget

(Reuters) - Italy on Tuesday cut its target for the 2015 fiscal deficit to 2.6 percent of gross domestic product from 2.9 percent, having toughened its budget plan for next year in response to changes requested by the European Commission.

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.

EU summit on economy in Italy October 6

(PARIS) - French President Francois Hollande announced on Saturday that EU leaders would hold a summit in Italy in early October aimed at boosting growth and jobs in the bloc.

Italian Senators dig in against Renzi's reform plans

(Reuters) - Italian Senators clashed furiously on Tuesday over Prime Minister Matteo Renzi's plan to strip the upper house of most of its powers as part of a wide-ranging package of reforms to Italy's system of government and economy.

Renzi Says Italy to Push for European Growth Not Ask for Handout

Italian Prime Minister Matteo Renzi said his nation will use the next six months to push for growth across Europe, not to seek leeway for its own benefit.

EU leaders signal shift from austerity of euro crisis

(Reuters) - In the latest shift away from the austerity of the euro zone crisis, European Union leaders signaled at a summit that they were ready to give member states extra time to consolidate their budgets as long as they pressed ahead with economic reforms.

EU asks Italy for tighter 2014 budget to curb debt

(Reuters) - The European Commission asked Italy on Monday to tighten its budget this year to rein in an excessive public debt but fell short of opening a disciplinary procedure against the euro zone's third largest economy.

Italy's Renzi says to use EU presidency to push for budget flexibility pact

FLORENCE, Italy (Reuters) - Italy will propose offering European Union member states that undertake structural reform more flexibility on budget rules when Rome assumes the presidency of the 28-member bloc later this year, Prime Minister Matteo Renzi said on Friday.

Irish Bonds Rise, Yields Drop to Record in Market Return

Ireland’s 10-year yield fell to a record as the nation auctioned government bonds for the first time since 2010, the latest sign the euro region’s financial woes are abating.

Italy PM Renzi pledges job creation, housing reforms next week

(Reuters) - Italy's new Prime Minister Matteo Renzi pledged on Wednesday to introduce a series of "very important reforms" next week to help create jobs, make housing more affordable and remodel crumbling school buildings.