After months of refusals to back down, the government blinked, saying it would shave billions of euros off its budget to avoid financial penalties from the E.U.
Author: JASON HOROWITZ
The Saturday Profile: The ‘It’ ’80s Party Girl Is Now a Defender of the Catholic Faith
Princess Gloria von Thurn und Taxis used to hang with Warhol. Now, she hosts Stephen K. Bannon and the bishops opposed to Pope Francis in her 500-room palace.
The Father, the Son and the Sins of Italian Politics
Luigi Di Maio, Italy’s squeaky clean deputy prime minister, has long tarred opponents with the alleged misdeeds of their fathers. Now his father is under scrutiny.
Italy May Be ‘Sleepwalking Into Instability,’ E.U. Says, and Weighs Penalty
The European Union took another step toward punishing Italy for insisting on a heavy-spending budget even while it remains heavily indebted.
Italy Orders Seizure of Migrant Rescue Ship
The order by Italian prosecutors essentially prevents the Aquarius from operating in Italian waters.
Stimulus Plan or Populist Giveaway? Italy’s Budget Sets Up Clash With E.U.
How best to invigorate the country’s economy has reanimated a wrenching debate in Europe about whether it is better to spend or cut in the face of stagnation.