Italian center-left leader Matteo Renzi took office on Saturday as his country’s youngest prime minister, facing pressure to show immediate results after he forced out his predecessor over the slow pace of economic reforms. The 39-year-old Renzi has named a low-profile list of ministers with a mix of politicians and […]
Tag: Italian
Fiat strikes $4.35 billion deal to buy rest of Chrysler
Italian carmaker Fiat SpA struck a $4.35 billion deal to gain full control of Chrysler Group LLC, ending more than a year of tense talks that have obstructed Chief Executive Sergio Marchionne’s efforts to combine the two automakers’ resources. The agreement, announced on Wednesday, cements Marchionne’s reputation as the industry’s […]
Berlusconi Tax Fraud Prison Sentence Confirmed
The former Italian Prime Minister, Silvio Berlusconi, has his prison sentence for tax fraud confirmed by the country’s top court. The billionaire tycoon was told that his four-year sentence will was upheld, making it the first ever definitive conviction, in up to 30 court cases. However, three of the years […]
