"I can say everyone in the business community was hoping for a diplomatic resolution to the problems," said Riccardo Monti, president of It...

Italy is close to finding a way to pay off huge public sector debts owed to private companies without pushing up the public debt.

President Giorgio Napolitano is considering appointing a new technocrat government led by a non-politician as one way out of Italy's politi...

Italian PM Mario Monti has said that his govt would guarantee the "correct governance" of state-controlled defence firm Finmeccanica

The decision comes after revelations the lender's former management hid details of structured-finance transactions from regulators.

Mario Monti's decision to resign has left the door wide open for the former Eurocrat to run in the upcoming general election, or take on th...

Ponty Chadha's family will soon sit together along with elders from Sikh community to restructure the over Rs 20k-crore business empire.

The successors of slain liquor baron will soon face their first major challenge as the wholesale rights for liquor trade in Uttar Pradesh.

Italian PM and his Spanish counterpart may try to mask a growing divide over Europe's new bailout strategy when they meet in Madrid.

Berlusconi said his party, the biggest in parliament, may end support for Mario Monti's government because its policies are deepening the c...

European Union leaders focused on immediate help for Spain and Italy at the start of a two-day summit intended to chart a path out of their...

Italian PM Mario Monti has expressed "great satisfaction" over the release on bail of two Italian marines charged with the killing of two I...

German Chancellor Angela Merkel was besieged by critics for letting the euro crisis smolder, with the leaders of Italy and the European Cen...

Merkel's veto on allowing Germany to underwrite joint debt issuance in the 17-nation euro region is under fire from her international partn...

Merkel and Sarkozy "said they were aware that a collapse of Italy would inevitably be the end of the euro.

Berlusconi himself faces charges of having sex with an under-age prostitute, besides ongoing cases of fraud in business.

Asking Britons to 'prepare for the worst', Cameron later told that these are very worrying times and it is a very difficult time for the eu...