Standard & Poor’s has cut its Italy rating to BBB- da BBB and revised its outlook from negative to stable, the ratings agency said Friday December 5, 2014.
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Tag: Italian Government
Renzi Government Wins Parliament’s Confidence
Premier Matteo Renzi’s new government gained the backing of parliament on Tuesday when it won a confidence vote in the Lower House, with 378 votes in favor, 200 against, and one abstention.
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Renzi will become the 3rd premier from Florence
Democratic Party’s secretary Matteo Renzi was given a mandate to try to form a government from Italian President Giorgio Napolitano on Monday. He will be the third prime minister from the Tuscan capital since the beginnings of the Italian Republic.
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Florence mayor could be Italy’s youngest premier
Democratic Party (PD) leader Matteo Renzi may get a mandate to form a government Saturday night or Sunday morning in his bid to become Italy’s youngest premier, political sources said.
Read moreGovernment warns of Concordia salvage delays
In a letter addressed to Costa Co-Chief Executives Pierluigi Foschi and Michael Thamm, as well as to the head of Italy’s civil protection agency, Franco Gabrielli, and to the president of the Tuscany Region, Enrico Rossi, Minister Corrado Clini said it was ”urgent” that a working program be developed for the last phase of the stranded ship’s removal and the recovery of the hull in ”an ideal location”.