Italy successfully sold €5.25 billion of short- and long-term bonds Friday, despite being downgraded by Moody's a day earlier.
Women danced in their underwear at a "bunga bunga party" held by Silvio Berlusconi, a woman testified Monday at the former Italian prime minister's trial on charges of having sex with an underage prostitute, Italian media reported.
Italian Prime Minister Silvio Berlusconi says all that took place at his bunga-bunga parties "was dancing."
A judge has dismissed the corruption case against former Italian Prime Minister Silvio Berlusconi.
A judge has dismissed the corruption case against former Italian Prime Minister Silvio Berlusconi, saying that the statute of limitations has expired.
What will outgoing Italian Prime Minister Silvio Berlusconi do next? CNN's Fareed Zakaria has an idea.
Italian prosecutors Wednesday asked a court to sentence former Prime Minister Silvio Berlusconi to five years in prison if he is found guilty of corruption charges.
Snow and record low temperatures claim lives in the Ukraine. CNN's Mathew Chance reports.
Oscar Luigi Scalfaro, a long-time Italian politician who served as the European nation's president for much of the 1990s, has died, the Italian government announced Sunday.
Actor George Clooney and soccer star Cristiano Ronaldo could be called as witnesses in the trial of former Italian Prime Minister Silvio Berlusconi on charges of sex with an underage prostitute, the court announced Wednesday.
His fall from government has not stopped the creativity of the flamboyant former Italian Prime Minister Silvio Berlusconi, who has written the lyrics for a new CD out Tuesday.
Economics professor Giuseppe Ragusa discusses whether technocrats will be able to run Italy's government.
Italy's new prime minister overwhelmingly won a Senate vote of confidence Thursday evening, hours after presenting his proposal for leading the country out of financial crisis.
As Mario Monti works to form a new Italian government, CNN's Matthew Chance examines the challenges ahead.
Mario Monti, the man tasked with hauling Italy out of the debt crisis that brought down Silvio Berlusconi, took office as prime minister Wednesday.
Italy's Prime Minister-designate Mario Monti says he will present a government to the country's president for approval on Wednesday after two days of negotiations with leaders of the country's major political blocs.
Mario Monti, the economist nominated to become Italy's new prime minister, began talks with political leaders Monday to discuss forming a government.
Economist Mario Monti, is nominated as Italy's new prime minister Sunday.
Economist Mario Monti was nominated Sunday to replace Silvio Berlusconi as Italy's prime minister, presidential spokesman Donato Marra said.
Economist Mario Monti was nominated Sunday to replace Silvio Berlusconi as Italy's prime minister, said Donato Marra, the general secretary of the presidency of the republic said Sunday.
Italian President Giorgio Napolitano was holding talks Sunday aimed at forming a new government following the resignation of Italy's Prime Minister Silvio Berlusconi.
Silvio Berlusconi officially resigned as Italy's prime minister on Saturday.
As Italian Premier Silvio Berlusconi steps down, the charming billionaire will leave his country with a legacy of colorful brashness and painful debt.
The Italian Senate passed a series of austerity measures Friday demanded by Europe, as it seeks to ward off fears of a debt-driven crisis.
The Italian Senate passed a series of austerity measures Friday demanded by Europe, as it seeks to ward off fears of a debt-driven crisis.
CNN's Nina dos Santos has a look at what four options are available to Italy to potentially stave off economic disaster.
The resignation of Silvio Berlusconi as Italy's prime minister does not mark his end, but the beginning of the end.
Silvio Berlusconi's imminent departure only leaves more uncertainty for Italy. CNN's Matthew Chance reports.
Facing international worries about the potential global impact of the country's financial crisis, Italy gave indications Thursday that there may be growing support for former EU commissioner Mario Monti to take the helm.
Silvio Berlusconi, increasingly isolated within his party and counting his last days as Italy's prime minister, is expected to give up his push for early elections and lend his reluctant support to a caretaker government led by Mario Monti, former European commissioner.
Italian President Giorgio Napolitano said Wednesday that his country will adopt a series of austerity measures promised to the European Union, as officials try to allay investor fears and head off a eurozone debt crisis.
CNN's Erin Burnett talks to Wolf Blitzer about the big drop fueled by concerns over Italy.
Italian President Giorgio Napolitano said Wednesday that his country in coming days will adopt a series of austerity measures promised to the European Union, as officials try to allay investor fears and head off a eurozone debt crisis.
CNN's Matthew Chance discusses what's next for Italy after Silvio Berlusconi plans to steps down.
Silvio Berlusconi provides his first comments since news of his resignation; he says the Greek parliament is paralyzed.
Italian Prime Minister Silvio Berlusconi said Tuesday that he would resign after Parliament approves a new budget that includes austerity measures sought by international lenders.
U.S. stocks rallied Tuesday, finishing near the highs of the day, after Italian Prime Minister Silvio Berlusconi agreed to resign.
Italian Prime Minister Silvio Berlusconi has said he will resign after the next budget is approved by parliament, a statement from the president's office said Tuesday.
Italian Prime Minister Silvio Berlusconi denied rumors Monday that he might resign.
In an era of bland technocratic leaders, Italian premier Silvio Berlusconi always stands out. Massively rich, charming and outspoken, and not a little vain, he has long been a compelling presence on the world stage. But speculation is now growing that his career is drawing to a close.
The Italian government's borrowing costs spiked on Monday, with yields on its bonds getting perilously close to the 7% mark, as faith wanes in Prime Minister Silvio Berlusconi.
Tens of thousands of demonstrators have gathered in Rome Saturday to voice their opposition to the government of Italian Prime Minister Silvio Berlusconi and its reforms.
CNN's Matthew Chance explains the troubles Italian PM Silvio Berlusconi is facing.
European political leaders to meet Wednesday on how to fix the debt crisis. CNN's Charles Hodson reports.
Italian Prime Minister Silvio Berlusconi's government averted a potential crisis over economic reforms after reaching a deal Tuesday with its main coalition partner, Italian media reports said.
Europe's top leaders are meeting Sunday in Brussels to hammer out a solution to the debt crisis threatening the common currency, the euro, and -- potentially -- banks around the world.
A Milan judge on Tuesday cleared Italian Prime Minister Silvio Berlusconi of charges of tax fraud and misappropriation of funds related to his commercial broadcast company, Mediaset, a prosecutor said.
Prosecutors in Italy allege that a businessman supplied Prime Minister Silvio Berlusconi with about 30 women, or escorts, in order to win favor with him.
The Italian Senate voted Wednesday night to approve a controversial austerity package designed to bring down the country's soaring budget deficit, a day after national strikes against the measure.
Journalist Nick Pisa talks about a phone tap that caught Italian PM Silvio Berlusconi disparaging Italy using expletives.
Italian Prime Minister Silvio Berlusconi has stirred controversy in Italy after investigators said they recorded him describing Italy as a "sh--ty" country that "sickened" him.
Who is 'Ruby'?
updated: Thu Sep 01 2011 22:21:00
Italian politician Nicole Minetti tells CNN's Dan Rivers about the woman at the center of the Berlusconi scandal.
A businessman and his wife were arrested on charges of blackmailing Prime Minister Silvio Berlusconi, Italian police said Thursday.
Turkey's foreign minister applauded recent Libyan rebel advances against the forces of Moammar Gadhafi at an international diplomatic conference Thursday to plan for the post-Gadhafi era in Libya.
The Libya Contact Group plans to discuss providing assistance to Libyan rebels. CNN's Ivan Watson reports.
For the past eight months, Italian Prime Minister Silvio Berlusconi has been engulfed in a sex scandal that has him accused of paying for sex with a minor.
Italian Premier Silvio Berlusconi expressed confidence Wednesday in Italy's ability to confront the financial anxieties shadowing Italy and rest of the continent.
The judge in Italian Prime Minister Silvio Berlusconi's trial on charges of sex with a minor rejected all defense motions Monday and scheduled the next hearing for October 3.
Italian Prime Minister Silvio Berlusconi's financial holding company, Fininvest, was ordered Saturday to pay more than 560 million euros ($801 million) in damages to the rival media group CIR.
Italian Prime Minister Silvio Berlusconi said Friday he will not run again when his term expires in 2013.
CNN's Diana Magnay takes a look at how Italian Prime Minister Silvio Berlusconi could lose the Catholic vote.
The Italian Cabinet approved an austerity budget package Thursday aimed at saving €47 billion ($68 billion) over four years.
Italian Prime Minister Silvio Berlusconi's ruling coalition has suffered a major defeat in local elections in Milan and Naples, with voters backing left-wing candidates in both cities.
Italy's Prime Minister Silvio Berlusconi arrived in court in Milan, Italy, on Monday, to face financial corruption charges related to his media empire.
Italian Prime Minister Silvio Berlusconi visited a small Mediterranean island Saturday to press home his message that European countries must help deal with a "human tsunami" of North African migrants.
The embattled Italian prime minister is embroiled in a sex scandal. CNN's Diana Magnay reports.
On the face of it, Italian premier Silvio Berlusconi has led a charmed life, with a vast business empire spanning media, construction and football, and a political career that has seen him become Italy's longest serving post-war prime minister.
The trial of Italian Prime Minister Silvio Berlusconi on charges of sex with an underage nightclub dancer and abuse of power opened Wednesday in Milan.
The long-awaited trial of Italian Prime Minister Silvio Berlusconi on charges of sex with an underage prostitute and abuse of power to get her out of jail opened Wednesday.
Italian Prime Minister Silvio Berlusconi had sex 13 times with underage dancer Karima el Mahroug, nicknamed "Ruby the heart-stealer," prosecutors say in legal papers seen by CNN.
A lawyer for Italian Prime Minister Silvio Berlusconi has asked Rome prosecutors to investigate an alleged attempt to falsify the birth records of the woman at the center of a sex scandal embroiling the prime minister.
Italian Prime Minister Silvio Berlusconi will attend his court hearings as he faces an indictment for paying for sex with an underage prostitute, his attorney, Niccolo Ghedini, told Italian media on Saturday.
CNN's Nic Robertson reports from Tripoli on Libyan leader Moammar Gadhafi's warning against Western intervention.
More than two weeks after protests against Moammar Gadhafi's regime began, the Libyan leader is still clinging to power, insisting "we will fight until the last man and woman to defend Libya."
An Italian sex scandal that spawned nationwide demonstrations over the premier's alleged abuse of power and paying an underage girl for sex began at a dinner party in Milan with a Moroccan-born dancer nicknamed "Ruby Heartbreaker."
An Italian sex scandal that spawned nationwide demonstrations over the premier's alleged abuse of power and paying an underage girl for sex began at a dinner party in Milan with a Moroccan-born dancer nicknamed "Ruby Heartbreaker."
One of the women who partied with Italian Prime Minister Silvio Berlusconi has told CNN how she became a key figure in the scandal that is enveloping Italy.
A criminal trial is ordered for Italy's prime minister, accused of paying an underage woman for sex and abuse of power.
Italian Prime Minister Silvio Berlusconi will be tried on charges of sex with an underage prostitute and abuse of power, an Italian judge ruled Tuesday.
Italian prosecutors want Prime Minister Silvio Berlusconi to face trial on abuse of power charges. Dan Rivers reports.
Italian Prime Minister Silvio Berlusconi is to be tried on charges of having sex with an underage prostitute and abuse of power..
Thousands of Italians took to the streets in some 200 cities across the country Sunday in protest of Prime Minister's Silvio Berlusconi's alleged behavior toward women.
Italian prosecutors Wednesday formally requested a trial of Prime Minister Silvio Berlusconi for alleged abuse of power and sex with an underage prostitute, they said.
The lower house of Italy's parliament voted Thursday against allowing Milan prosecutors to search property belonging to Prime Minister Silvio Berlusconi, as part of their investigation into charges that he paid for sex with a minor.
Prosecutors in Milan allege that a second underage girl was at Italian Prime Minister Silvio Berlusconi's private residences on more than one occasion, according to a 227-page court document submitted to a parliament commission Wednesday.
Italian prime minister Silvio Berlusconi is under fire after spewing insults at a radio host.
Italian Prime Minister Silvio Berlusconi called into a television talk show Monday night during an episode discussing claims that he had paid prostitutes for sex, lashing out at the program's host for running a "television brothel."
Italy's Prime Minister Silvio Berlusconi is being investigated for abuse of power and paying a minor for sex.
A teenager that Italian Prime Minister Silvio Berlusconi helped get released from prison, triggering allegations he abused his power, had sex with the premier, the girl's former roommate said in transcripts printed in court documents.
In December 2010, Italy's prime minister won both no confidence votes in Parliament. CNN's Dan Rivers reports.
Italian Prime Minister Silvio Berlusconi said Monday he has never paid for sex, "not even once in my life," as Italian prosecutors investigate allegations that he had sex with prostitutes.
Allegations that Italian Prime Minister Silvio Berlusconi had sex with a teenage prostitute are "mud" thrown on him by political opponents who want to get rid of him, the scandal-prone politician said.
Italian Prime Minister Silvio Berlusconi is under investigation for allegedly having sex with a teen-ager, say prosecutors in Milan, who are linking the case to prostitution activity.
Italy's Prime Minister Silvio Berlusconi will learn the fate of a controversial law that would shield him from prosecution on Thursday, the country's Constitutional Court said Tuesday.
Embattled Italian Prime Minister Silvio Berlusconi retained his position by a narrow margin Tuesday after the nation's upper and lower houses of parliament voted in favor of him in a confidence vote.
Berlusconi's survival as Italian Prime Minister spurs riots by Romans opposed to his tenure.
Italian Prime Minister Silvio Berlusconi fought for his political life in a speech to lawmakers Monday, a day before a vote that could see him dumped as head of the government.
The partying lifestyle of Italian Prime Minister Silvio Berlusconi had left him "a complete mess" by the fall of 2009, according to a Berlusconi confidant quoted in a U.S. diplomatic cable.
Russia's Vladimir Putin tells CNN's Larry King that leaks have happened before, and WikiLeaks is not a catastrophe.
Four Italian government ministers resigned Monday, they said, escalating a confrontation between Prime Minister Silvio Berlusconi and a former ally turned opponent.
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