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When Silvio Berlusconi resigned after dominating Italy's political scene for two decades, he left a country in financial shambles and a personal legacy tarnished by sex and corruption scandals.
A recently formed bipartisan committee seeking to protect Rome's historic Cinecitta' film studios from a sell-off held a press conference on Friday following a week of protests by beleaguered studio workers.
Italian prosecutors closed a probe Friday into Moody's on the same day the New York-based ratings agency downgraded the entire country to two notches above junk status.
Giglio Island - Salvage teams on Friday successfully removed the first part of a rock reef that gashed the side of the Costa Concordia cruise ship off the Tuscan island of Giglio, sinking it in January.
Italy's technocrat Prime Minister Mario Monti, appointed last year to steer his country through a debt crisis, said he was confident a stable government would be formed after elections in 2013, playing down fears of deadlock after he steps down.
Italian banks came to the rescue on Friday after the country suffered a ratings downgrade, but while Rome cut its three-year borrowing costs at auction, a rise in 10-year bond yields highlighted concern it may fall victim to Europe's debt crisis.
ROME — When Silvio Berlusconi resigned after dominating Italy’s political scene for two decades, he left a country in financial shambles and a personal legacy tarnished by sex and corruption scandals.
At least 454 Italian Americans have played baseball in the major leagues since 1897. It's the sort of statistic that even the most fanatical of fans would probably not know.
The Gelato Museum will showcase the first written recipe, 10,000 photographs and documents and around 20 old gelato-making machines, including primitive, hand-operated churns made out of wood and iron.
Italy will be stuck in recession for at least another year and is facing some of the developing problems that have pushed other European countries to request outside aid, the International Monetary Fund reported on Tuesday in its latest review of the country’s economy.