Italian leader Matteo Renzi: there are fears he is becoming mired in old-style, crony politics. Photograph: Alessandro Bianchi/Reuters

Two years ago, Italy’s prime minister Matteo Renzi made a dramatic entrance on to the European scene, seizing power in a cynical palace putsch. Despit(...)

Licio Gelli: even though he was given a 10-year sentence for having “derailed” the Bologna station investigation and a 12-year sentence for his role in the Banco Ambrosiano collapse, Gelli actually spent little time in prison.

Licio Gelli, one of the most controversial public figures of the entire post-war era in Italy, died on Tuesday night in his private Villa Wanda reside(...)

The Vatican is trying to comply with the recommendations last year of the European Council’s anti-money laundering “Moneyval” committee. Photograph: Andrew Medichini/AP

In yet another indication of his desire to clean up the administration of the Holy See, Pope Francis yesterday issued a “motu proprio” strengthening t(...)

A flower mosaic is created in  Saint Peter’s Square at the Vatican. The director and deputy director of the Vatican’s bank have resigned following the arrest of a senior cleric with close connections to the bank who is accused of plotting to smuggle €20 million into Italy from Switzerland. Photograph: Franco Origlia/Getty Images

The director and deputy director of the Vatican bank resigned today following the arrest of a senior cleric with close connections to the bank who is (...)