Traders work on the floor of the New York Stock Exchange. Wall Street investors viewed the Federal Reserve’s interest rate outlook as a sign of confidence in the economy. Photograph: Reuters

European shares rose on Thursday, with the Iseq in Dublin soaring 100 points above the level it was at before the Brexit referendum, as the euro tumb(...)

Italy’s prime minister Paolo Gentiloni delivers a speech to parliament in Rome on Tuesday. A confidence vote in his government was to take place later in the day. Photograph: Alessandro Di Meo/EPA

Italy’s newly-appointed prime minister Paolo Gentiloni has won an initial confidence vote in the lower house of parliament, with a comfortable majorit(...)

“One day Italy will be led by a party in favour of withdrawal from the euro”

Chronic inability to separate the probable from the desirable has been the tragedy of 2016. Wishful thinking is becoming a threat to the survival of l(...)

Italy’s newly elected prime minister Paolo Gentiloni: he represents a serious contrast with his predecessor. Photograph: Claudio Peri/EPA

Paolo Gentiloni, Italy’s newly appointed prime minister, is nothing if not a “safe pair of hands”. It is indicative that when commentators go looking (...)

Italy’s Foreign Minister Paolo Gentiloni talks to reporters after receiving a mandate to  form a new government. Photograph: Remo Casilli/Reuters

Italy’s head of state, president Sergio Mattarella has asked outgoing foreign minister Paolo Gentiloni to become prime minister of a new government. (...)

Matteo Renzi may be asked by Italy’s president Sergio Mattarella (left) to return as prime minister as he is still the leader of the party with the most votes. Photograph: Reuters

President Sergio Mattarella has indicated he would like to have Italy’s next prime minister appointed by next Thursday, before the two-day EU summit i(...)

A fighter of Libyan forces allied with the UN-backed government fires a shell with Soviet made T-55 tank  in Sirte, Libya. Photograph: Goran Tomasevic/Reuters

A car bomb targeting security forces on Tuesday in the eastern Libyan city of Benghazi killed at least 23 people and wounded many others, a spokesman (...)

Chancellor Angela Merkel with Taoiseach Enda Kenny in Berlin on Tuesday. Dr Merkel said she understood Irish concerns. Photograph: John MacDougall/AFP/Getty Images

The imposition of a hard border between the Republic and Northern Ireland would be “very negative and dangerous”, the Italian foreign minister has sa(...)

Taoiseach Enda Kenny and German chancellor Angela Merkel at a joint news conference  in Berlin, Germany. Photograph: John MacDougall/AFP/Getty Images

German chancellor Angela Merkel was non-committal over the State’s Brexit concerns following talks with Taoiseach Enda Kenny in Berlin, saying that Du(...)

Taoiseach Enda Kenny will meet German chancellor Angela Merkel in Berlin today.

Taoiseach Enda Kenny will urge chancellor Angela Merkel today in Berlin to ensure that Ireland’s concerns about the impact of the United Kingdom’s dep(...)

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