Italy may strengthen powers to intervene in economy

ROME (Reuters) - Italy's government will consider measures to extend its powers to intervene in key sectors of the economy, according to the agenda of a cabinet meeting issued on Tuesday that coincides with a spate of cross border takeovers.

Italy must still meet targets after scrapping property tax, says Rehn

(Reuters) - European authorities will want to ensure Italy can still meet its fiscal commitments after scrapping a property tax, the European Commission's top economic official said on Thursday.