Mario Monti

  • Italian PM calls up Manmohan, discusses marines issue April 10, 2013

    New Delhi: Prime Minister Manmohan Singh on Tuesday told his Italian counterpart Mario Monti that a view on specific aspects of the case involving two marines facing murder charges in the country cannot be taken pending investigations. However, Singh, who received a call from Monti, recalled the clarification given by...
  • Italian PM meets Khurshid on marines issue April 5, 2013

    New Delhi: After the National Investigation Agency (NIA) filed a case against two Italian marines on Thursday for the murder of two Indian fishermen off the Kerala coast last year, Italy's Prime Minister Mario Monti on Friday called up External Affairs Minister Salman Khurshid to discuss the case. Italian Deputy...
  • PM declines to comment on Italian marines issue March 28, 2013

    Onboard PM's special aircraft: Prime Minister Manmohan Singh on Thursday declined to comment on the case of two Italian marines and the issue of delays in setting up a special court to try them on charges of killing two fishermen off the Kerala coast. "This is now a story which...
  • We risked getting isolated: Italian PM on marines issue March 28, 2013

    Rome: Outlining the reasons for sending back to India the two marines accused of killing Indian fishermen, Italy's outgoing Prime Minister Mario Monti said Rome faced a serious risk of being isolated internationally and could have opened a crisis of "serious proportions" with New Delhi. Monti also said that his...
  • Business interests considered while sending back marines: Italy PM March 28, 2013

    New Delhi: Italy's Foreign Minister Giulio Terzi had resigned over the government's decision to return the two marines to India to stand trial for killing two Kerala fishermen. Reacting to the resignation, Italian Prime Minister Mario Monti said, "The Foreign Minister resigned without discussing with the government. Italy had to...
  • SC rejects PIL, refuses to examine AgustaWestland deal March 1, 2013

    New Delhi: The Supreme Court on Friday refused to examine the AgustaWestland chopper deal after a PIL that a special investigation team should be set up to probe the Rs 4000-crore VVIP helicopter deal. Meanwhile, sources said that CBI is likely to quiz former IAF chief SP tyagi and his...
  • Parties may struggle to form government in Italy February 27, 2013

    Rome: A center-left group of parties appears to have the best shot at forming a coalition government in Italy after an inconclusive national election, but the challenge is steep and comes amid public anger over austerity measures. If Italian parties fail to form a governing coalition, new elections would be...
  • Italy's Berlusconi hints open to alliance with center-left February 26, 2013

    Rome: Former Prime Minister Silvio Berlusconi on Tuesday indicated he was open to an alliance between his center-right coalition and the center-left group that won most seats in Italy's parliamentary election. "Italy cannot be left ungoverned, we have to reflect," Berlusconi said in a television interview when asked whether he was...
  • Protest votes add to uncertainty in close Italy election February 25, 2013

    Rome: Italians finish voting in one of the most closely watched and unpredictable elections in years on Monday with a surge in protest votes fuelling concern that the ballot may not produce a government strong enough to pull Italy from its economic slump. A bitter campaign, fought largely over economic issues,...
  • Italians vote in parliamentary elections February 24, 2013

    Rome: Will Italy stay the course with painful economic reform? Or fall back into the old habit of profligacy and inertia? These are the stakes as Italy votes in a watershed parliamentary election on Sunday and Monday that could shape the future of one of Europe's biggest economies. Fellow EU countries...
  • Reveal names of journalists on Orsi's payroll: Italian lawmaker February 18, 2013

    New Delhi: In the wake of corruption allegations against Finmeccanica, an Italian lawmaker has reportedly asked Prime Minister Mario Monti to reveal the names of journalists and media workers on the payroll of former CEO of the defence firm Giuseppe Orsi. Senator Raffaele Lauro, a member of the Italian Finance...
  • Italian PM assures 'correct governance' of Finmeccanica February 15, 2013

    Rome: Italian Prime Minister Mario Monti has said that his government would guarantee the "correct governance" of statecontrolled defence firm Finmeccanica following arrest of its chief executive on corruption charges in the Rs 3,600 crore VVIP helicopter deal with India. "The government was able to intervene with some measures to guarantee...
  • Italian PM assures action in AgustaWestland chopper deal February 15, 2013

    There is a political war of words in Italy. Taking a jibe at Finnmeccanica, former premier Silvio Berlusconi said that bribes are necessary for business. But facing the heat, Italian Prime Minister Mario Monti has ensured to get to the bottom of the deal. ...
  • Finmeccanica's head arrested following corruption probe February 12, 2013

    Milan: Italian police arrested the head of Italian statecontrolled defence group Finmeccanica SpA on February 12 in a corruption probe centred on the sale of helicopters to the Indian government, a judicial source said. Finmeccanica Chief Executive and Chairman Giuseppe Orsi was arrested for alleged bribes paid to secure the...
  • Will probably not contest elections, says Italy PM Monti December 23, 2012

    Rome: Italian caretaker Prime Minister Mario Monti indicated in a newspaper interview published on Sunday that he would probably not stand in a February election but would try to convince the winner to complete the reforms his government has begun. Monti, who is expected to end weeks of speculation about...
  • Italy eyes eurozone aid to ease debt pain July 11, 2012

    Brussels: Italy said on Tuesday it may want to tap eurozone aid to ease its borrowing costs as finance ministers struggled to convince markets they are getting a grip on the bloc's debt crisis, which a top European Central Banker said could escalate. Prime Minister Mario Monti, who is under intense...
  • Brussels's 'New Deal' to save Euro June 30, 2012

    Brussels: Under pressure to prevent a catastrophic breakup of their single currency, Eurozone leaders agreed on Friday to let their rescue fund inject aid directly into stricken banks from next year and intervene on bond markets to support troubled member states. They also pledged to create a single banking supervisor for...
  • Italy to ensure return of its marines from India: Monti June 4, 2012

    Rome: Italian Prime Minister Mario Monti has expressed "great satisfaction" over the release on bail of two Italian marines charged with the killing of two Indian fishermen, but said the final objective of his government is to ensure their return to the country. "I express my own and the government's great...
  • Italy pressures India as marines denied bail May 20, 2012

    New Delhi: The Italian government increased the pressure on India after the Kollam Sessions court on Saturday rejected the bail plea of the two Italian marines, who had shot dead two Indian fishermen. While Italian Prime Minister Mario Monti spoke to Prime Minister Manmohan Singh thrice on the issue, the Indian...
  • Italy respects Indian judicial process: Sources March 26, 2012

    Seoul: Expressing concern over the "nature of imprisonment" of two marines in Kerala, Italian Prime Minister Mario Monti on Monday pressed his counterpart Manmohan Singh to find "some solution" to the issue that has become a major irritant in bilateral ties. Mario took up the issue with Singh when they met...
  • Fishermen case: Italy PM speaks to Manmohan March 8, 2012

    New Delhi: The Italian government is mounting pressure on India over the fishermen deaths incident. Italian Prime Minister Mario Monti called up Prime Minister Manmohan Singh and reiterated their stand that the incident happend in international waters. Manmohan Singh has said that the concerns of the victims' families must be addressed....
  • Italian ministers post salaries, assets online February 22, 2012

    Rome Italian ministers on Tuesday posted their salaries and assets online in an effort to boost transparency amid a crackdown on tax evasion. The unelected government led by Prime Minister Mario Monti took over the reins of power in November after scandal and a financial crisis toppled Silvio Berlusconi's conservative government. While...
  • Italy PM unveils sweeping austerity package December 5, 2011

    Rome: Prime Minister Mario Monti will present a 30 billion euro package of austerity measures to parliament on Monday designed to shore up Italy's strained public finances and help to stem a debt crisis threatening to overwhelm the euro zone. Cabinet approved the mix of tax hikes, pension reforms and incentives...
  • Italian government approves new measures December 5, 2011

    Rome: Premier Mario Monti said on Sunday that his government of technocrats has approved a package of austerity and growth measures to "reawaken" the Italian economy and help save the euro common currency from collapse. The measures include immediate cuts to the costs of maintaining Italy's bulky political class as well...
  • Italy's borrowing rates skyrocket, Monti scrambles November 26, 2011

    Rome: A week into his new job, Premier Mario Monti is running out of time to reassure nervous investors that his government has a strategy to deal with Italy's crippling debts. The nation's borrowing rates skyrocketed on Friday after a grim set of bond auctions, with a new auction looming Tuesday....
  • France, Germany to show support for new Italian PM November 24, 2011

    Paris: The leaders of France and Germany will voice their support for new Italian Prime Minister Mario Monti at a tripartite meeting on Thursday, seeking to stem the risk of the debt crisis gripping the heart of the euro zone. The talks hosted by French President Nicolas Sarkozy in the eastern...
  • Italy's new Cabinet wins confidence vote November 19, 2011

    Rome: Italian Prime Minister Mario Monti's Cabinet won a second confidence vote in parliament on Friday to secure its right to tackle the country's deepening financial crisis. Lawmakers in the lower house voted 55661 for Monti's government, which includes no professional politicians. On Thursday, in the upper house of parliament, the Senate...
  • Italy's new govt passes 1st confidence vote November 18, 2011

    Rome: Against the backdrop of antiausterity protesters clashing with riot police, Italy's new premier appealed to Italians on Thursday to accept sacrifices to save their country from bankruptcy, but pledged economic growth and greater social cohesion in return. Mario Monti is under enormous pressure to boost growth and bring down Italy's...
  • Greek protests as France, Spain face squeeze November 18, 2011

    Paris: Greek police clashed with antiausterity protesters and Italy announced sweeping reforms in response to a European debt crisis that on Thursday pushed borrowing costs for France and Spain sharply higher. More than 30,000 Greeks took to the streets of Athens in a protest rally that marked the first public test...
  • Italy hit by protests as PM unveils economic plan November 18, 2011

    Rome: As riot police clashed with protesters in the streets, Italy's new premier unveiled his economic plan, vowing to spur growth yet spread out the sacrifices Italians must accept to save their country from bankruptcy and the eurozone from a disastrous collapse. Mario Monti spoke to lawmakers on Thursday as antiausterity...