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Nestle finds horsemeat in beef meals
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  Fatal factory fire in Italian town exposes Chinese economy's high toll Map of Prato Italy
Vulnerable European banks identified


year 2014 Top ^

Oct.26
  European Union: Twenty-four European banks have failed stress tests of their finances, the European Banking Authority has announced
 The list of 14 includes four Italian banks. The worst affected was Monte dei Paschi
Oct.18
  Northern Italy: The first thing the firefighters saw was the arm sticking out of the barred window on the second floor of the factory



year 2013 Top ^

Feb.18
  Nestle, the world's biggest food company, has removed beef pasta meals from shelves in Italy and Spain after tests revealed traces of horse DNA


year 2012 Top ^

Apr.18 Italy slashes its growth outlook
  Rome: It was previously predicting a 0.4% contraction in the economy, but has cut that to a 1.2% contraction Feb.14   Moody's downgrades European countries  European Union: Moody's cut the credit ratings of six European countries on amid continued anxiety over the continent's debt crisis and its sluggish economy Feb.6 Italy acts on Russia gas shortage  Italy has activated emergency measures to conserve gas supplies as freezing weather continues to grip the country

year 2011 Top ^

Nov.7   Berlusconi teeters as debt costs mount
  Rome: The Italian government's borrowing cost has risen as fears grow over political uncertainty in Rome. Italy 'needs 300bn euros'
Oct.7 Italy and Spain debt downgraded
  Italian and Spanish government debt have both been downgraded by the Fitch credit rating agency by one notch, from AA- to A+ Oct.4 Italy's credit rating is slashed  The Italian government's credit rating has been slashed by Moody's from Aa2 to A2 with a negative outlook Sep.19 Italy has debt rating cut by S&P
  Italy has had its sovereign debt rating cut by Standard & Poor's, the latest move in a deepening European debt crisis


year 2008 Top ^

Sep.19 Alitalia airline cancels flights
  Rome: Alitalia has cancelled a number of flights from Fiumicino airport, increasing fears that the carrier may soon go into liquidation

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Financial Main Event: Vulnerable European ba...
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2014-10-26 Vulnerable European banks identified European Union
C. 2014-10-18 Fatal factory fire in Italian town exposes Chinese economy's high toll Prato, Northern Italy
D. 2013-02-18 Nestle finds horsemeat in beef meals Italy
E. 2012-04-18 Italy slashes its growth outlook Rome
5. 2012-02-14 Moody's downgrades European countries European Union
G. 2012-02-06 Italy acts on Russia gas shortage Italy
7. 2011-11-07 Berlusconi teeters as debt costs mount Rome
8. 2011-10-07 Italy and Spain debt downgraded Italy
9. 2011-10-04 Italy's credit rating is slashed Italy


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