The leaders of Germany and Italy sought to present a united front Wednesday in the fight to resolve the eurozone debt crisis and revive the ailing European economy.
Saying it was "shocked and alarmed" after a Chinese man and infant were killed in a botched robbery in Rome, the Chinese Embassy urged Italian authorities to protect Chinese citizens in Italy.
It sits in the ancient heart of Rome and is an emblem of the city's imperial history as well as an icon of Italy.
UniCredit's stock plunged 14% on the Milan stock exchange Wednesday after the Italian bank slashed its offering price for €7.5 billion of new shares.
Europe's leaders warned 2012 was likely to be tougher than 2011, when spiralling borrowing costs forced political change in Italy and Spain and threatened the survival of the euro.
What fiscal pact? There is little sign that last week's European summit even happened, judging from the high cost of sovereign debt and the weakness in European markets.
Italy's borrowing costs fell slightly on Monday as the Treasury sold ?7bn of one-year bills to yield 5.952 per cent with demand nearly double the amount on offer.
The European Council of December 8 produced a curious mixture of cohesion and disagreement.
Italy's new prime minister late Sunday proposed ?30 billion ($41 billion) in new taxes and spending cuts over two years, including reductions to future pensions, in an effort to end a budget crisis that has clouded the future of Europe's common currency.
Italy's borrowing costs shot higher on Friday as Rome was forced to pay euro-era high interest rates to investors in what analysts called an "awful" auction of short-term debt.
As Mario Monti works to form a new Italian government, CNN's Matthew Chance examines the challenges ahead.
U.S. stocks slid Monday as investors grew wary over whether political transitions in Greece and Italy will help resolve Europe's debt crisis.
Italy's debt crisis raises an uncomfortable question in the United States: Is America like Italy?
U.S. stocks were set to edge lower Monday, as Greece and Italy swap out leaders, and investors remain cautious about how much these transitions will help resolve Europe's debt crisis.
As Italian Premier Silvio Berlusconi steps down, the charming billionaire will leave his country with a legacy of colorful brashness and painful debt.
U.S. stocks looked to build on gains from the previous session Friday, as leaders in Italy and Greece took measures to curb the region's ongoing debt crisis.
CNN's Nina dos Santos has a look at what four options are available to Italy to potentially stave off economic disaster.
Silvio Berlusconi's imminent departure only leaves more uncertainty for Italy. CNN's Matthew Chance reports.
The eurozone crisis has truly engulfed Italy -- but is it because the country is insolvent or simply unable to access funds easily in the financial markets?
Douglas J. Elliott, who worked as an investment banker for two decades, is a fellow at the Brookings Institution.
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.
Asian stock markets tumbled in early trade on Thursday, reacting sharply to global fears that Italy's debt crisis could trigger a European recession.
Investors ran for the hills Wednesday, shaken to the core by fears that Italy, Europe's fourth-largest economy, was headed deeper into crisis mode.
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.
Europe's financial crisis claimed its second scalp in three days when Italy's Silvio Berlusconi announced he will step down after parliament approves new austerity measures in an effort to stave off economic collapse.
CNN's Matthew Chance discusses what's next for Italy after Silvio Berlusconi plans to steps down.
Investors better buckle up. U.S. stocks are headed for a sell-off at Wednesday's open, after Italy's key bond rate rose above 7%, sparking worry that Italy may be forced to seek a bailout.
Italy's borrowing costs remain in the danger zone near 7%, even after embattled Prime Minister Silvio Berlusconi announced he would resign after the next budget is passed by parliament.
These eggplant halves look wonderful and are as delicious cold as they are hot, a perfect side dish or vegetarian main course that can be made in advance.
Stocks climbed higher in the final hour of trading after a choppy day. Investors have shifted their focus to Italy, as it appears Greece is finally getting its house in order.
Greece is last week's news. Today investors are worried about Italy, where the cost of borrowing has reached record levels.
World markets were choppy Monday following speculation that Italian Prime Minister Silvio Berlusconi could be on the verge of resigning.
U.S. stocks were poised to kick off the week slightly lower, as worries about the stability of Greece and Italy continued to hang over global markets.
Italy has agreed to have the International Monetary Fund monitor the implementation of proposed fiscal reforms, European Union officials announced Friday.
CNN's Max Foster takes a look at the history of the euro and the controversy surrounding it.
Investors took a critical view of Europe's master plan Friday, after a tepid auction of Italian bonds highlighted that confidence is still lacking.
Seven people have died and seven others are missing after rains triggered severe flooding in northern Italy, civil protection officials said Friday.
CNN's Jonathan Mann speaks to Newsweek reporter Barbie Nadeau about violence at the Occupy Rome protests.
An epic tour of the Continent is the time-tested way to see Europe -- if you've got a month or three and a pile of cash. Until you win the lotto, we'll help you hit the grandest sites on your wish list.
The gloom hanging over European markets lifted slightly Wednesday amid rising hopes for a government rescue of the continent's troubled banking sector.
In another sign of the tough financial conditions in Europe, Moody's on Tuesday cut Italy's credit rating by three notches and assigned it a "negative outlook."
The United States' hopes of reaching the Rugby World Cup quarterfinals for the first time were dashed in New Zealand on Tuesday, after a 27-10 defeat to Italy.
Wouldn't it be easier if Italy were just a bit more boring? The art, the history, the landscapes, the pasta -- seriously, you're always going to feel like there's more to do (or eat). If actual relaxing is on your agenda, the Piedmont region may just be your answer.
The surprise downgrade of Italy's sovereign debt overnight by Standard and Poor's exposes the fatal flaws of pushing through draconian austerity measures on a nation experiencing economic weakness.
Standard & Poor's Ratings Services cut Italy's sovereign credit rating late Monday, saying the nation's weakening economic growth and political uncertainty have dented its financial stability.
Italian Prime Minister Silvio Berlusconi on Tuesday blasted the downgrading of his country's debt by ratings agency Standard & Poor's, saying it was more influenced by politics and newspaper reports than by economic reality.
The debt crisis in Europe is knocking on Italy's door, but American banks still appear to be well insulated from the dreaded contagion.
Stocks finished a choppy session higher Monday, as investors who have been worried about a deepening European debt crisis pinned their hopes on a report that China is in talks with Italy to buy the cash-strapped country's debt.
Italians take to the streets of Rome to protest the government's austerity plans.
A major Italian trade union called on workers to strike Tuesday, as the country's Senate prepares to vote on austerity measures to try to bring the country's budget under control.
A major Italian trade union called on workers to strike as the country's Senate prepares to vote on austerity measures.
[Updated 3 p.m. ET, Monday, August 29] These beachgoers are enjoying themselves on Isola dei Conigli ("Rabbit Island") in Lampedusa, Italy.
British heiress Petra Ecclestone weds in a three-day celebration
The Italian football season will not begin this weekend due to a player strike over the league's collective bargaining agreement.
The din of approaching vehicles shattered the silence over San Pancrazio at daybreak. It was June 29, 1944, when retreating German SS troops stormed the remote Tuscan village nestled in the Italian countryside.
A sharp drop in manufacturing, a towering debt-to-GDP ratio and a jaw-dropping decline in equity markets.
Turbulence and uncertainty dominated the global financial markets on Friday as a lack of investor and trader confidence continued to drive share values downward.
Italy has found itself at the center of spiralling economic concerns in recent days. Fears that it might default on its huge debt have pushed up the cost of government borrowing and led Prime Minister Silvio Berlusconi to address lawmakers in a bid to reassure the markets.
If you think the markets have been ugly in the United States for the past eight days, you obviously haven't looked at Italy.
Italian Premier Silvio Berlusconi expressed confidence Wednesday in Italy's ability to confront the financial anxieties shadowing Italy and rest of the continent.
From an ancient stone villa in Piedmont to an atelier in Florence, we reveal Italy's best affordable country inns.
The far right in Europe has enjoyed a renaissance over the past 30 years, driven by resentment of the growing powers of the European Union and by rejection of the "multiculturalism" that has accompanied rapid immigration from the developing world.
CNN's Nina Dos Santos talks to a professor about Italy attempting to pass a $57 billion austerity plan.
When it comes to financial problems in the Eurozone, can you fairly compare Italy with Greece? CNN's Becky Anderson asks.
U.S. stocks were headed for another bruising day Tuesday, as fears about the eurozone debt crisis spreading to Italy rattled investors' nerves.
World stock markets tumbled Tuesday, after a report stoked concerns about the finances of more than five dozen Chinese companies, and as fears remain high about Europe's debt crisis spilling over into Italy.
This whole euro debt crisis is starting to remind me of the tagline of "Jaws." Just when you thought it was safe to go back into stocks ... cue the ominous cello music.
World markets slumped Monday, as fears about debt crises plagued both Europe and the United States.
Diplomatic tension between Brazil and Italy heightened Thursday after Brazil's Supreme Tribunal freed a fugitive wanted for multiple killings in Italy in the 1970s.
The dollar hit a two-month high against the euro Monday as a resurgence of concerns about Europe's unsustainable debt levels and a possible slowdown in the continent's economy took its toll.
It's nice when dreams come true, and even better when the person has dreamed big.
A crowd of fans gathers as The Situation, Pauly D and their costars arrive in Florence
Libyan refugees say they made the treacherous trip by sea to escape fighting in their country. CNN's Ivan Watson reports.
Sipping cappuccino and taking it slow is one way to experience Italy. Test driving a growling, candy-apple-red Ferrari in the country's Motor Valley is quite another.
More than one million people are expected in Rome this weekend for the beatification of Pope John Paul II, the biggest event in Vatican City since his death six years ago.
An apparently agitated passenger attacked a flight attendant on Alitalia Flight 329 from Paris to Rome late Sunday and asked that the flight be diverted to Tripoli, Libya, the airline said.
Romans do know how to throw a party. Rome is young, fun and fast-moving, but you'll get the most out of the Eternal City if you really take time to explore and savor it.
The Italian and French governments were both trying to defuse an escalating diplomatic row Monday after France refused entry to a train carrying North African migrants from Italy.
The 'Jersey Shore's' trip to Italy is delayed and Bristol Palin earns more than $250,000 for talking about abstinence.
Friday proved a good evening for some major European football nations, with the Netherlands, Italy and France all claiming away victories in their Euro 2012 qualifying groups.
Italy stunned France 22-21 in rugby union's Six Nations championship in Rome Saturday as Mirco Bergamasco scored 17 points, including a crucial penalty five minutes from time.
People trafficking syndicates could try to exploit the unrest in North Africa, potentially causing a surge in the number of victims arriving in Europe, experts fear.
It is now estimated that more than 5,000 would-be migrants have arrived on the tiny Italian island of Lampedusa in the past week -- most of them crossing from Tunisia to escape the political turmoil there or seek work in Europe.
It's become fashionable to see friendly internationals as pointless. In a literal sense, they are, of course: neither money nor trophies are at stake, and the very idea of professional players risking their health for no tangible benefits (apart from the profits made by the federations and TV stations) is anathema to club supporters and managers.
Last June, in South Africa, there was one Italian club with rather split loyalties. It had sent no fewer than eight players to the World Cup, representing six different nations. Had this been a perennial Champions' League powerhouse, you might not be surprised. But it was little Udinese, hailing from a town of around 100,000, tucked away in the foggy (half the year anyway), northeast of the country.
The cast will trade the boardwalk for piazzas and gorillas for Italian stallions in season 4, says MTV
Rome's mayor has given up hope of hosting a Formula One race in the Italian capital, and announced on Friday that he will instead focus on winning the rights to stage the summer Olympics.
A new tax on tourists to the Eternal City is causing controversy, with hotels expressing fears it could hurt their business and scare tourists away.
Italy is a nation known as much for its food as for the ubiquitous plastic bag, given out freely with every purchase around the country and often left to litter streets or landfills. A new ban coming into effect January 1, however, may change that.
Italian police on Monday found an explosive package at the Greek Embassy in Rome, the second time in as many weeks that embassies there have received explosives through the mail.
Chile's embassy is hit by an attack shortly after a bomb exploded at the Swiss Embassy
An anarchist group claimed credit for a pair of mail bombings Thursday at embassies in Rome, vowing in messages that it plans more such acts to "destroy the systems of domination," the state-run ANSA news agency reports.
Tens of thousands of university students took to the streets of Rome on Wednesday, Italian media estimated, amid heavy security to protest educational reforms planned by Prime Minister Silvio Berlusconi's government.
A black box with wires hanging out of it was found under a train seat Tuesday, sparking a bomb alert, Italian police said.
This weekend's Serie A program in Italy will go ahead after the players' union (AIC) and league officials signed a new agreement.
Students protesting government education reforms stormed the Colosseum and the Leaning Tower of Pisa, Italy's official news agency reported Thursday.
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