The Italian election has resulted in a stalemate which questions the country's reform agenda. We take a look and talk to Bremer Landesbank's Folker Hellmeyer about the outlook.
Lawmakers are set to begin voting Thursday for Italy's new president. The prime minister reached across a political divide to Silvio Berlusconi for help in getting a candidate approved. Megan Williams reports from Rome.
Just as austerity advocates say reforms are bearing fruit, fears are growing in northern Europe that parties imitating Greece's Syriza may threaten the consolidation consensus. Is the EU about to reject austerity?
The Greek situation is deteriorating by the minute and an end is not in sight. Indeed, there may not be a resolution until June, leaving the country in a dangerous limbo, writes Vicky Pryce.
Italy's Prime Minister designate, Enrico Letta has met with President Giorgio Napolitano to report on progress in forming a broad coalition. It could bring former premier Silvio Berlusconi's forces back to power.