Matteo Renzi

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 Italian president Sergio Mattarella: will hold talks with  23  parliamentary groups. Photograph: Ettore Ferrari/EPA

Italian president Sergio Mattarella last night initiated three days of consultations aimed at appointing a successor to prime minister Matteo Renzi, w(...)

ECB president Mario Draghi  denied the scaling-back of the asset-purchasing programme was tapering. “Tapering has not been discussed today,” he said. Photograph: Frank Rumpenhorst/EPA

The European Central Bank will extend its landmark quantitative easing programme for a further nine months, but will buy a lower amount of bonds than(...)

Italian prime minister Matteo Renzi: was a committed European and  powerful voice against the austerity promulgated by Berlin and Brussels.  Photograph: Alessandro Bianchi

Political instability reached the shores of continental Europe this week as Austrian and Italian voters went to the polls in two very different, but e(...)

Following his formal resignation, Italian prime minister Matteo Renzi remains in office but only in an “ordinary business” caretaker capacity until such time as a new government is formed. Photograph: Alessandro Bianchi/Reueters

Italian prime minister Matteo Renzi, heavily defeated in Sunday’s reform referendum, on Wednesday night formally consigned his resignation to state pr(...)

Wall Street continued its  surge and a new high for transportation stocks added to the bullish tone. Photograph: Michael Nagle/Bloomberg

Wall Street surged yesterday, with the Dow industrials and S&P 500 hitting fresh records, as equities continued their march upward after the elec(...)

A branch of troubled Banca Monte dei Paschi di Siena in Rome. The inability to resolve the banking crisis in ways that meet the constraints of Italian politics and European rules is now a canker in Italy’s politics.

Events are testing the euro zone yet again. The latest shock comes from Italy, where Matteo Renzi’s comprehensive defeat in the constitutional referen(...)

Italian prime minister Matteo Renzi. Photograph: Alessandro Bianchi/Reuters

Italian prime minister Matteo Renzi said he will tender his resignation at 7pm (6pm irish-time) on Wednesday, following the weekend referendum in whic(...)

Pioneer’s parent, Italian bank Unicredit, has entered exclusive talks to sell the unit to French asset manager, Amundi. Photograph: Alessia Pierdomenico/Bloomberg

The largest asset manager in Dublin, Pioneer Investments, has suspended two senior executives in its Irish operation amid claims that both have been i(...)

Oil prices slipped from a 16-month high as doubts emerged about how Opec will implement its first supply cuts in years, which was announced last week. Photograph: Wu Hong/EPA

European shares rose for a second day on Tuesday, as investors continued to shrug off the political fall-out caused in Italy from the rejection of a c(...)

Italy’s Prime Minister Matteo Renzi announces his resignation following the No vote in a referendum on constitutional changes. Photograph: Andreas Solaro/AFP

Allies of Matteo Renzi, Italy’s outgoing centre-left prime minister, have joined opposition calls for fresh elections in the wake of his referendum d(...)

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