The European Union needs a reboot in the wake of Britain's vote to leave, Italy's prime minister said Monday (22 July) as he prepared to meet his French and German counterparts to discuss the fallout from Brexit.
Italian Prime Minister Matteo Renzi will meet with German Chancellor Angela Merkel and French President François Hollande on an Italian island on Monday (22 August) to discuss the EU's way forward after Britain's shock vote to quit the bloc.
Italian Prime Minister Matteo Renzi said on Tuesday (9 August) it had been a mistake to personalise a referendum, due to be held later this year, in which he originally promised to resign if he failed to convince voters to support the need for constitutional change.
JPMorgan Chase wanted to buy troubled Italian rival BMPS but abandoned the plan over fears it would be vetoed by US regulators and opposed in Italy, people close to the deal told AFP on Wednesday (3 July).
UK Prime Minister Theresa May on Wednesday (27 July) said Britain would take the time needed to steer its way towards the EU exit as Italian counterpart Matteo Renzi urged a clear timeline to deliver Brexit.
European Union authorities are making contingency plans for the possible winding down of Banca Monte dei Paschi if the Italian lender has a poor reading in stress tests this week and no private or public support is available, an EU official said.
The European Commission is expected to fine Spain on Wednesday (26 July), but it will give two extra years to Madrid to adjust its budget - while the commissioners pledge a solution for Italian banks that will protect small investors.
On a visit to Brussels, Italy's Maria Elena Boschi received a show of support from the major political groups in the European Parliament and from the Commission, ahead of the do-or-die referendum in October on constitutional reform.
Fresh from its successes in last month's local ballots, the anti-establishment 5 Star Movement (M5S) is now Italy's most popular party and would easily win if a national election were held today, three opinion polls showed this week.
The completion of the Digital Single Market will play a crucial role in the transformation of European companies, Accenture's Bruno Berthon told EurActiv.com. One of the main challenges, he believes, will be deciding how companies share data.
European Commission President Jean-Claude Juncker is ready to take a “tough stance” with the UK. Rallying behind its boss, the executive’s legal arm confirmed its support for Juncker taking charge of the negotiatians, EurActiv.com has learnt.
With England's disgraced football team returning from France after being dumped out of Euro 2016 by Iceland, Prime Minister David Cameron heads to Brussels today (28 June) for an awkward encounter with his 27 counterparts.
Italian Prime Minister Matteo Renzi was trounced by the anti-establishment Five Star Movement in local elections in Rome and Turin on Sunday (19 June), clouding his chances of winning a do-or-die referendum in October.
Russian President Vladimir Putin on Friday (17 June) said he was willing to reach out to Europe to mend relations shattered by the Ukraine crisis but insisted the West was responsible for the bad blood.