About: Pier Carlo Padoan

Italy’s Padoan says left-right grand coalition possible

Italy's main political forces began in earnest on Sunday (7 January) to plot strategies for the upcoming general election, as the country's finance minister raised a red flag over political uncertainty in the eurozone's third largest economy.

Top women call for new economic mindset: ‘It’s gender, stupid!’

If EU countries stepped up their efforts to improve gender equality, more jobs would be created, GDP per capita would increase and society would benefit overall while weathering crisis more effectively.

Italy ups spending on earthquake clean-up, despite Commission deficit request

The Italian government will start to increase spending on emergency funds this week to deal with the earthquakes that have struck the country, independent of a European Commission request to reduce its structural deficit. EURACTIV’s partner Milano Finanza reports.

Italy ‘strong, optimistic’ as new cabinet sworn in

Italian Prime Minister Paolo Gentiloni's new cabinet was officially sworn in yesterday (12 December) as the eurozone's third largest economy raced to reassure Europe its political crisis was over.

Economist: ‘Italian reforms will come to standstill’

Italy's dismissal of Matteo Renzi's reform package sent a clear signal to the other member states that Rome is incapable of solving its economic woes alone, researcher Dr Paweł Tokarski said in interview with the SWP.

Renzi on ice: What happens next

Sunday's Italian referendum (4 December) ended up claiming the scalp of the peninsula’s Prime Minister, Matteo Renzi, after he pledged to resign if the country voted no to his reforms. But what happens now? EURACTIV’s partner Italia Oggi reports.

Italy to Commission: Refugees, quakes forced 2017 budget off target

Italy has defended its rule-breaking 2017 budget to the European Commission, saying the migrant crisis, post-earthquake reconstruction and lower-than-expected growth were to blame.

Italy presents 2017 budget, seeks compromise with Brussels

Italian Prime Minister Matteo Renzi announced his 2017 budget plan on Saturday (15 October), hoping to persuade the European Commission to approve its minimal reduction in the budget deficit next year while avoiding unpopular belt-tightening.

JPMorgan Chase planned to buy Italy’s troubled Monte Paschi

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).

Beware of Italy’s banking crisis

The looming banking crisis in Italy spells trouble not just for Europe’s fourth largest economy, but also for the EU and an already sputtering global economy, writes Jacob Shapiro for Geopolitical Futures .

Finance ministers show willing to work with tax rulings committee

The European Parliament's TAXE committee interviewed the French, Italian, German and Spanish finance ministers on 22 September. They promised to work quickly to adopt the Tax Rulings Directive. EURACTIV France reports. 

Problems mount for Renzi as economy stumbles

Italian Prime Minister Matteo Renzi's escalating problems were compounded on Friday (14 August) when data showed a long-awaited economic recovery is already losing steam.

Italian finance minister eyes ‘bad bank’ to clean up risky loans

Italy is considering setting up a state-backed "bad bank" to help clean up its banking sector, Pier Carlo Padoan said in a newspaper interview on Sunday.

Italian President Napolitano resigns

Italian President Giorgio Napolitano handed in his resignation as head of state today (14 January), leaving Prime Minister Matteo Renzi with the politically delicate task of finding a successor.

Monti lends a hand to Juncker’s investment plan

A paper presented by former Commissioner and Italian Prime Minister Mario Monti and French liberal MEP Sylvie Goulard Wednesday (10 December) suggests ways to permanently encourage investment in the Union through an adaptation of EU rules on fiscal discipline.

Eurozone backs ESM credit line for Greece after bailout exit

Eurozone finance ministers backed a precautionary credit line for Greece on Thursday (6 November), after the country exits its bailout at the end of the year, in a bid to balance the need to reassure investors with the demands of Greek politics.

Italy keen to push European project bonds

Italy, which currently holds the rotating presidency of the European Union, is keen to re-launch debate on long-term "project bonds" to finance infrastructure projects, Finance Minister Pier Carlo Padoan told French business daily Les Echos.