Italy parliament rejects ESM reform, irking Brussels

ROME, Dec 21 (Reuters) – Italy’s lower house of parliament voted on Thursday against a long-awaited reform of the euro zone bailout fund, throwing into doubt ratification of a European Union treaty that is designed to provide help for failing … Read More

Italy to withdraw from China’s belt and road initiative, say sources

Decision of only G7 nation to join project reportedly communicated to Beijing three days ago Italy has formally notified China of its withdrawal from Beijing’s ambitious belt and road infrastructure initiative (BRI), a significant trade and infrastructure project, according to … Read More