The Local Italy https://feeds.thelocal.com/ Read the latest news and views from Italy in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Coronavirus bailout is 'an opportunity to design a better Italy', says PM Giuseppe Conte The €170 billion recovery fund granted to Italy by the EU is a chance for the country to invest in reform and catch up with its European neighbours, the prime minister says. https://www.thelocal.it/20200617/coronavirus-bailout-is-an-opportunity-to-design-a-better-italy-pm-giuseppe-conte Wed, 17 Jun 2020 11:20:19 +0200 coronavirus-bailout-is-an-opportunity-to-design-a-better-italy-pm-giuseppe-conte Stricken Italian bank says ECB wants it to get €8.8bn bailout Italy's troubled third largest bank, Monte dei Paschi di Siena (BMPS), said on Tuesday that the European Central Bank has called for it to receive a bailout of €8.8 billion ($9.2 billion). https://www.thelocal.it/20161227/italian-bank-bmps-says-ecb-wants-it-to-get-88bn-euro-bailout Tue, 27 Dec 2016 11:19:45 +0100 italian-bank-bmps-says-ecb-wants-it-to-get-88bn-euro-bailout Christmas cheer for savers: Italy will bail out BMPS Italy on Friday approved a state-funded rescue of the world's oldest bank, Monte dei Paschi di Siena (BMPS), in a bid to shore up the country's beleaguered financial system. https://www.thelocal.it/20161223/christmas-cheer-for-savers-italy-will-bail-out-bmps Fri, 23 Dec 2016 17:07:44 +0100 christmas-cheer-for-savers-italy-will-bail-out-bmps Eurozone approves huge new Greek bailout Eurozone finance ministers approved on Friday a third bailout worth up to €86 billion to keep Greece in the single currency in return for an unprecedented package of reforms that Athens had previously rejected. https://www.thelocal.it/20150815/eurozone-approves-greek-bailout-in-return-for-far-reaching-reforms Sat, 15 Aug 2015 11:38:23 +0200 eurozone-approves-greek-bailout-in-return-for-far-reaching-reforms Greece faces D-Day as bailout talks resume Greece on Sunday faced a final EU summit to clinch a deal that would stop Athens crashing out of the euro after divided eurozone ministers halted "very difficult" talks on a new bailout overnight. https://www.thelocal.it/20150712/greece-faces-d-day-as-bailout-talks-resume Sun, 12 Jul 2015 11:57:34 +0200 greece-faces-d-day-as-bailout-talks-resume Renzi 'hopeful' on Greek deal UPDATED: Italian premier Matteo Renzi is hopeful that a deal to avert a Greek default will soon be reached after Athens presented its proposals on a fresh bailout. https://www.thelocal.it/20150710/renzi-hopeful-on-greek-deal Fri, 10 Jul 2015 14:55:09 +0200 renzi-hopeful-on-greek-deal