In 2011, when Italy looked on the verge of bankruptcy, the first significant act of Mario Monti’s technocratic Government was to enact the Fornero Law which introduced much more stringent requirements to go into retirement. 78 more words
Tags » Mario Monti
The Italian Minister of Economy Pier Carlo Padoan commented today the dramatic decrease of the Italy/Germany bond yield spread, which is now under 90. Mr Padoan argued that the financial market are taking note of the bold reforms enacted by the Italian Government. 98 more words
The Italian Constitutional ruled that a proposed referendum to abrogate the pension reform enacted by Mario Monti’s technocratic Government cannot be held.
The referendum, supported by an odd alliance of conservative parties and leftist trade unions, was likely to succeed. 111 more words
Colosseum in Rome (Shutterstock)
ROME, Dec 15 (Reuters) – Italian Prime Minister Matteo Renzi launched a bid on Monday to bring the 2024 summer Olympic Games to Rome, presenting it as a boost for the country as the capital reels from a corruption scandal and the economy flounders. 339 more words