Mario Monti prepares Italy for more pain as violence flares in Milan

The upper house of the Italian parliament has given a vote of confidence to the country's new prime minister by 281 to 25, with no abstentions, after he unveiled an ambitious programme of reform.

Dow slides 75 points on fears Europe's debt crises escalating

New York. The stock market fell Monday after a jump in Italy's borrowing costs reminded investors of how much work remains to be done to contain Europe's debt problems.

Why the euro crisis is an American problem

The Euro crisis is not just a Greek crisis, or an Italian crisis, or now even a French crisis.

Euro Gains From 1-Month Low on Optimism Europe Moving on Debt

Nov. 12 (Bloomberg) -- The euro rose from a one-month low versus the dollar amid optimism European leaders are tackling their debt crisis after Italy’s Senate approved an austerity bill yesterday and Greece swore in a new prime minister.

Asia-Pacific talks seek unity on euro crisis

Asia-Pacific finance ministers, increasingly alarmed by Europe's worsening debt crisis, sought a united front on Thursday to push for bolder European action as they shore up their own economies against the fallout.