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EU-Italy: there may be trouble ahead
"The destiny of Italy is that of Europe." The words of Italy's central bank governor setting the tone, as the political uncertainty raises all sorts of fears for the EU, and the Eurozone. In Strasbourg, where the European Parliament's...
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Cuts in the east, hikes in the south - EU funding plans revealed
Hungary and Poland have had their fair share of spats with Brussels - and now they're set to have EU funding cut. While the European Commission plans would see reductions in cohesion cash going to the east, more would be spent in the...
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European Uncertainty and Trade Tensions With China Weigh on Markets
Political turmoil in Italy and U.S. tariffs on Chinese imports dragged down the Dow Jones and the S&P 500 by more than 1 percent on Tuesday. "It's kind of been the one-two punch," says Daniel Ives, chief strategy officer and head of...
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Brief from Brussels: Italy's political turmoil threatens trouble for EU
In this edition of the Brief from Brussels: there may be trouble ahead for the EU and eurozone, as the political uncertainty continues in Italy; and what impact could a full-on US-EU trade war have on consumers? Click on the video above...
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Archaeologists make dramatic discovery in Pompeii
Archaelogists at the Pompei site in Italy have made a dramatic new discovery. The skeleton of a man who was fleeing the eruption of Mt Vesuvius in 79 AD and was crushed by a rock thrown into the air by the explosion. "The way he fell we...
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Italy crisis: EU commissioner 'should have shut up'
The EU's in full damage control mode after remarks from Budget Commissioner Guenther Oettinger sparked an outcry in Rome and Brussels. He's now apologised for saying the financial markets would teach Italians not to vote for populists....
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EU migration - 'failure no longer an option'
Cracks have emerged in the EU because of migration. And now there's pressure from the European Parliament to fix the broken asylum system, seen as one of the root causes of the bloc's problems. "European citizens have shown us in the...
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UniCredit and Societe Generale shares soar after merger report
Shares of the Italian bank UniCredit and its French competitor Societe Generale soared on Monday as the Financial Times reported they were exploring a merger. While some analysts say it would be surprising given Italy's uncertain...
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Conte outlines government agenda ahead of confidence vote
Italy’s new Prime Minister, Giuseppe Conte, has promised to redistribute migrants in the EU and review sanctions against Russia. He was speaking in parliament ahead of two confidence votes which are expected to confirm the coalition...
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Little EU solidarity on migration
With Italy's new interior minister Matteo Salvini warning that his country would follow "alternative paths" if the European Union doesn't do more to take in migrants arriving from Africa, EU solidarity on the question is more than ever...
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Stock markets react to Italy governement
As agreements to form a new government in Italy take shape, a row has already begun with Brussels. Earlier, the leader of the European People's Party, Manfred Weber, said the 5-Star Movement and the League are taking huge risks with the...
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European Parliament marks year to go before new elections
The countdown for the European parliamentary elections has just begun and Antonio Tajani, the EP's president, marked the date with an event where the EP published the latest Eurobarometer results. The poll signalled mixed feelings from...
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Italy president seeks 'neutral' government
Italy’s president Sergio Mattarella has urged politicians to form a “neutral” government that could rule until the end of the year. It follows a political deadlock after the March 4th election which failed to form a clear alliance....
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EU on the brink of a major rift over migration
Italy granted permission for 105 migrants rescued at sea to transfer to a sturdier boat, after more than a daylong bureaucratic tussle left them exposed to the elements. Even more migrants risk falling into bureaucratic limbo amid...
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Europe Day: How much is there to celebrate?
Europe Day's been celebrated, but how much is there actually to raise a glass to, with so much skepticism gaining ground in the bloc? The politics reflecting it has already made its way to 25 of the 28 national parliaments. Italy,...
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Previewing the Federal Reserve's Meeting
As the central bank heads into its two-day policy meeting Tuesday, several factors loom large: inflation, an economy that is at full employment but wages are stagnant, and a new government spending plan that could increase the national...
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The Federal Reserve's Got a Tough Job
As the central bank kicks off its two-day policy meeting Tuesday, several factors loom large: inflation, an economy that is at full-employment but with stagnant wages, and a new government spending plan that could increase the national...
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Federal Reserve Considers Acting Now, or Later
As the central bank kicks off its two-day policy meeting Tuesday, several factors loom large: inflation, an economy that is at full-employment but with stagnant wages, and a new government spending plan that could increase the national...
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Italian film director Vittorio Taviani dies at 88
Celebrated Italian film director Vittorio Taviani, has died aged 88. Alongside his brother Paolo, Taviani made more than 20 films. The pair worked together for more than half a century, each directing alternate scenes with the other...
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One of a kind medical devices... and how EU funding makes them a reality
What role does tailored financing have in driving innovation? Business Planet looked into the world of medical devices, an industry booming with new solutions to help healthcare professionals and patients. The medical devices industry...
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State of the Union: Trump trade turmoil and what next for Italy?
In this edition of State of the Union: Donald Trump slaps massive tariffs on imported steel and aluminium, sparking possible trade war, with the EU threatening tit-for-tat measures; what next for Italy after the surge in populist support...
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One of a kind medical devices... and how to get them financed
What role does tailored financing have in driving innovation? Business Planet looked into the world of medical devices, an industry booming with new solutions to help healthcare professionals and patients. The medical devices industry...
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French eurozone plans to hit German speed bump
The reform of the euro zone, an urgent project of European power houses France and Germany, might see some sudden roadblocks after all. On Monday finance ministers of the currency bloc gathered in Brussels to discuss further steps in...
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The Brief: The future of eurozone reforms and a meat scandal in Belgium
In this edition of the Brief from Brussels: Eurozone reforms might take a back seat, as the new German government settles in and resistance withing the currency bloc is rising; and Belgium has to deal with another food scandal, this time...