Brussels explores Draghi option of extending up to $385 billion in EU debt, FT reports European Union (EU) officials are examining ways to roll over hundreds of billions of euros of COVID-19 era bonds in... Published 12 Sep, 2024 10:46am
World Mario Draghi urges reform, massive investment to revive lagging EU economy BRUSSELS: The European Union needs far more coordinated industrial policy, more rapid decisions and massive... Published 09 Sep, 2024 02:35pm
Opinion BoE in murky water with qualified ‘whatever it takes’ ‘Time-limited’ and ‘whatever it takes’ don’t sit comfortably together. Even if a law of diminishing ... Updated 02 Oct, 2022 06:17am
World No Italian parties mentioned in US Russia report, Draghi says ROME: No Italian political parties were named in a report drawn up by US intelligence that highlighted Russian... Published 16 Sep, 2022 07:07pm
World Macron visit aimed at mending ties with Algeria PARIS: French President Emmanuel Macron heads to Algeria on Thursday seeking to soothe festering diplomatic tensions... Published 24 Aug, 2022 10:02am
World Italy to hold September elections after PM Draghi resigns ROME: Italy’s President Sergio Mattarella dissolved parliament Thursday, triggering early elections which could... Published 22 Jul, 2022 06:07am
World Italy to hold early election after PM Draghi resigns ROME: Italian President Sergio Mattarella dissolved parliament on Thursday, clearing the way for an early election... Published 21 Jul, 2022 09:19pm
World Crunch time as Italy’s Draghi faces parliament ROME: Italy’s political crisis comes to a head Wednesday as Prime Minister Mario Draghi discovers whether his... Published 20 Jul, 2022 10:35am
Markets Algeria to ink $4bn Italy gas supply deal ALGIERS: Algeria will supply “very big volumes of gas” to Italy through a $4 billion deal, President Abdulmadjid... Published 19 Jul, 2022 06:00am
World Over 1,000 mayors plead with Italy’s Draghi to stay ROME: More than 1,000 Italian mayors signed a petition Sunday urging Prime Minister Mario Draghi to rethink his... Published 18 Jul, 2022 06:22am
Markets European shares rebound LONDON: Automakers and retail stocks on Friday led a rebound in European shares from a two-day rout that saw... Published 18 Jul, 2022 06:22am
World Italy president refuses PM Draghi’s resignation ROME: Italy’s President Sergio Mattarella on Thursday refused to accept Prime Minister Mario Draghi’s... Published 15 Jul, 2022 07:45am
Business & Finance Euro plunges on Italian politics, energy concerns NEW YORK: The euro plunged below parity to a 20-year low on Thursday as concerns over an energy crisis and political... Published 15 Jul, 2022 06:20am
World Italian president asks Draghi to rethink resignation ROME: The Italian head of state on Thursday rejected the resignation of Prime Minister Mario Draghi and asked him to... Published 14 Jul, 2022 11:54pm
World US to boost military presence in Europe as NATO bolsters its eastern flank MADRID: U.S. President Joe Biden pledged more American troops, warplanes and warships for Europe on Wednesday as ... Published 29 Jun, 2022 11:44pm
Markets Italy’s dependence on Russian gas down to 25% from 40%, Draghi says BRUSSELS: Italy’s dependence on Russia for imported gas has decreased to 25% from 40% last year, Prime Minister... Published 24 Jun, 2022 08:07pm
World Italy's Five Star party heads for breakdown over Ukraine ROME: Italy's Five Star Movement, the biggest party in Prime Minister Mario Draghi's government, looked on course... Published 21 Jun, 2022 10:51pm
World Macron, Scholz, Draghi return to Poland after Kyiv visit PRZEMYSL: France’s Emmanuel Macron, Germany’s Olaf Scholz and Italy’s Mario Draghi returned to Poland by overnight... Published 17 Jun, 2022 01:26pm
World EU leaders visit Ukraine after criticism, offer EU hope KYIV/IRPIN, (Ukraine): The leaders of Germany, France and Italy, all criticised in the past by Kyiv for support... Published 17 Jun, 2022 06:37am
World Ukraine’s Zelensky accuses Russia of ‘genocide’ in Donbas onslaught KHARKIV: Ukraine’s President Volodymyr Zelensky accused Moscow of carrying out a “genocide” in the eastern region of... Published 27 May, 2022 09:41am
World Russia ready to help overcome food crisis if West lifts sanctions MOSCOW: Moscow is ready to make a “significant contribution” to averting a looming food crisis if the West lifts... Published 27 May, 2022 05:50am
World Italy’s Draghi to visit Turkey in July ROME: Italy’s prime minister will visit Turkey in July for discussions about the Ukraine war, the leader said... Published 19 May, 2022 03:13pm
World Japan PM: Russia responsible over bilateral ties after entry ban TOKYO: Japanese Prime Minister Fumio Kishida said on Wednesday he could not accept Moscow’s decision to ban him and... Published 04 May, 2022 09:11pm
World Italy’s Draghi calls for common EU response to energy costs ROME: Italian Prime Minister Mario Draghi called on the European Union on Tuesday to tackle surging energy costs,... Published 03 May, 2022 06:08pm
World Biden to meet Italian PM Draghi on Ukraine war WASHINGTON: President Joe Biden will host Italian Prime Minister Mario Draghi at the White House next month to... Published 27 Apr, 2022 06:50pm
World World leaders welcome Macron’s French election win PARIS: World leaders rushed to congratulate France’s centrist President Emmanuel Macron on his re-election and... Published 25 Apr, 2022 10:35am
World Talking to Putin achieves nothing: Italy’s Draghi ROME: Italian Prime Minister Mario Draghi complained in a newspaper interview on Sunday that the diplomatic efforts... Published 17 Apr, 2022 04:05pm
World Italy’s Draghi says war crimes must be punished, Putin called to account ROME: Italian Prime Minister Mario Draghi said on Tuesday that “atrocities” carried out in Ukraine must be punished... Published 05 Apr, 2022 07:32pm
World Putin said not right time for Ukraine ceasefire: Draghi ROME: Russian President Vladimir Putin told Italian Prime Minister Mario Draghi that conditions were not yet in... Published 31 Mar, 2022 05:36pm
World Italy's Draghi says ready to step up curbs on Russia, hit oligarchs ROME: Italy is ready to impose further sanctions on Russia after its invasion of Ukraine, including targeting its... Published 01 Mar, 2022 04:15pm
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer