Mario Monti

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Thousands of Students Protest Across Italy

They oppose PM Mario Monti's austerity measures

(Newser) - Thousands of angry students protested government austerity measures across Italy today and injured up to six policemen in Rome, hitting them with stones while hiding behind homemade shields, Reuters reports. The students also tried rushing a Rome police van but were driven back by batons. Other protests against the policies... More »

Italian Protester Scales St. Peter's Dome

He spends night atop Vatican landmark

(Newser) - It's hard for a lone protester to get attention in today's protest-crowded Europe, but one Italian man managed it by scaling St. Peter's Basilica. The protester, posing as a tourist, slipped past Vatican security to climb the landmark and unroll a banner denouncing European Union policies and... More »

Eurozone's Next Wobbling Domino: Italy

Italian stock performance suffers over investors' contagion fears

(Newser) - If it's not one eurozone country, it's another. Relief over Spain's bank bailout has swiftly dissipated into worry over Italy, which may not have the economic juice to pay its massive national debt and simultaneously fund its part of the various euro bailouts, the New York Times... More »

Death Toll in Italy Quake Hits 15

About 14,000 now homeless after pair of earthquakes

(Newser) - A second earthquake within 10 days jolted northern Italy this morning, a 5.8 tremor that killed at least 15 people and injured another 200. The quake hit at 9am local time, again just north of the city of Bologna, reports the AP ; a 6.0 temblor on May 20... More »

Europe Braces for Greek Exit

Hollande backs eurobonds at inconclusive summit

(Newser) - New kid on the European block François Hollande made an audacious debut at his first EU summit, but the crisis meeting ended without a clear solution to the eurozone's woes. The French president, backed by most EU leaders, supports issuing "eurobonds" to shore up troubled EU economies,... More »

Sarkozy, Merkel Announce Plan to Save Euro

Meanwhile, Italy announces austerity measures

(Newser) - Nicolas Sarkozy and Angela Merkel sat down for a working lunch in Paris today, and emerged with a joint statement calling for big changes to the euro zone’s governing treaties aimed at preventing future crises. Their vision includes a new European monetary fund, zone-wide deficit limits, and automatic penalties... More »

Berlusconi's Party Backs Economist as New PM

Mario Monti faces gargantuan task

(Newser) - Silvio Berlusconi's conservative party is backing economist Mario Monti to put together a new coalition, leaving the man they call "professor" some outlandish shoes to fill and Italy's towering financial crisis to dig out of. And there's a catch: Monti's got to do it all... More »

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