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.

Italy hits resistance to softer European spending rules

(Reuters) - Italy and its allies will receive no special leeway in meeting EU budget rules, European officials agreed on Tuesday, as Germany resisted attempts to soft-pedal on long-promised spending reforms.

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.

Analysis: Convalescent euro zone seeks to escape debt overhang

(Reuters) - As the euro zone's weakest members crawl out of their longest recession in modern history, their prospects of recovery are weighed down by a crushing mountain of debt far heavier than before four years of financial crisis.

EU public debt rockets

The debt to GDP ratio in the eurozone has reached a new record of 92.2% as high unemployment, tumbling trade flows and a prolonged recession in the single currency bloc take their toll.

Stalemate over, Italy's Letta names new government

ROME (Reuters) - Italian center-left politician Enrico Letta named a coalition government on Saturday, making one of Silvio Berlusconi's closest allies deputy prime minister and ending two months of damaging political stalemate.

Italy crisis close to an end but problems not over

ROME: Months of paralysing political deadlock seem close to an end in Italy with a new government possible by early next week, but there are many questions over how long the stability can last.

Eurozone crisis demands one banking policy, one fiscal policy – and one voice

It had all started to look quite promising. The US was picking up, China had avoided a hard landing and in Japan the early signs from the new government's anti-deflation approach were encouraging.

Hollande's popularity at new low as he grapples with French economy: poll

PARIS (Reuters) - French President Francois Hollande's popularity rating has fallen to its lowest level since he came to power, a poll found on Wednesday, a day before he is due to address the nation to ask for patience as he attempts to revive the economy.

Italy urges high turnout in key election for euro zone

ROME: Italy pressed citizens to get out and vote in one of the most closely watched elections in years on Sunday and Monday, with markets on edge at the prospect of a political stalemate that could reignite the debt crisis.

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.

Danish Euro Skepticism at Highest Since Currency’s 1999 Debut

Danish voters now regard the euro with more scepticism than at any time since the single currency’s introduction in 1999 as the crisis in southern Europe enters its fourth year.

The Euro Crisis: When Will It End?

The eurozone crisis is over two years old now. It’s no longer crawling. This baby is walking and has a mind all her own. And my, what an ugly little critter this kid is, isn’t she?