Italy
ECB to give opinion on reforms, Fazio in 1-2 weeks
European Central Bank president Jean-Claude Trichet said in an interview in La Stampa Sunday 25 September that the ECB will give its opinion on Italian government plans to reform the Bank of Italy, and on current governor Antonio Fazio's conduct, within…
Italy's Fazio loses World Bank role
Italy's government stripped Bank of Italy governor Antonio Fazio of his ability to represent the country at a World Bank meeting. The move came after Italian Prime Minister Silvio Berlusconi called on the ECB to help oust Fazio.
Italian economy minister resigns
Italy's Economy Minister Domenico Siniscalco has resigned because of government infighting over the 2006 budget and the administration's failure to oust Bank of Italy Governor Antonio Fazio over a banking scandal, the Treasury said.
Time to go, Mr. Fazio
The agenda set out in this article published Monday 12 September is clear. Bank of Italy governor Antonio Fazio must go. Even if nobody can legally force him out, the campaign for his resignation will not go away, it says.
Place your bets! Will Fazio stay or go?
A Swedish online gambling website is offering odds on whether embattled Bank of Italy governor Antonio Fazio will stay in office beyond the start of October.
Besieged Fazio gets a supporter at last
European Internal Market Commissioner Charlie McCreevy said Friday 16 September that the Bank of Italy's governor, Antonio Fazio, appears to have acted legally in the ongoing saga that has enveloped the central bank.
Trichet says new law should not apply to Fazio
European Central Bank president Jean-Claude Trichet said a new law introducing a limited term of office for the head of the Bank of Italy should not be applied to current governor Antonio Fazio.
ECB asks government for information on Fazio
The European Central Bank's governing council has asked Italy's government to provide additional information on Bank of Italy governor Antonio Fazio, Boersen-Zeitung said, citing sources close to the Italian government.
Bank of Italy valued at 1bln euro
The total value of the Bank of Italy's shares is about 1 bln euro, said economy undersecretary Maria Teresa Armosino, but she said the shares are not "marketable".
Berlusconi says government can't force Fazio out
Italian prime minister Silvio Berlusconi said Friday 9 September the government can not force Bank of Italy governor Antonio Fazio to resign and only the European Central Bank can intervene.
Italy's Fazio to miss EU talks on Friday
The Bank of Italy said on Thursday 8 September that its governor Antonio Fazio will not attend the European finance meeting in England which begins on Friday.
Bank of Italy's Fazio defies mounting calls to go
Antonio Fazio continues to defy calls for his resignation from the Bank of Italy. This article published on Tuesday 6 September says the face-off between Fazio and a growing number of government ministers threatens a prolonged institutional crisis in a…
Berlusconi: Fazio should have gone 'long time ago'
Italian Prime Minister Silvio Berlusconi has joined the calls for the Bank of Italy's governor Antonio Fazio to resign, saying he should have quit 'a long time ago'.
Comment: Bank of Italy reforms
As pressure mounts on the Italian prime minister, Silvio Berlusconi, to take definitive action in the ongoing saga surrounding the position of Bank of Italy governor, Antonio Fazio, market analysts will also have one eye on some of the more fundamental…
Italy's finance minister calls on Fazio to resign
Italian Finance Minister Domenico Siniscalco has asked Bank of Italy governor Antonio Fazio to resign so that credibility can be restored to the institution.
Trichet: 'Fazio is one of us'
ECB president Jean-Claude Trichet said on Thursday 1 September that beleaguered Bank of Italy governor Antonio Fazio remains 'one of us' and rejected suggestions that the Governing Council was divided on the Fazio issue.
Italy imposes term limit on central bank governor
Premier Silvio Berlusconi's Cabinet on Friday 2 September approved a reform plan for Italy's central bank that will introduce a seven-year fixed term for the Bank of Italy governor.
More ECB dialogue wanted by France
France called for a more "resolute dialogue" between the eurozone's politicians and the European Central Bank on Tuesday 30 August, saying that fiscal and monetary policy must be better co-ordinated if faster economic growth is to be achieved.
Govt close to Bank of Italy reform plan
The parties within the right-wing government led by Prime Minister Silvio Berlusconi are close to a compromise regarding the reform of the Bank of Italy, the daily La Stampa said, without giving a source.
Report says Fazio ready to accept limited term
Bank of Italy governor Antonio Fazio is ready to accept a reform of the central bank and the introduction of limited tenure for his post, the daily Il Corriere della Sera said, citing sources close to the governor.
Fazio faces strike ultimatum
The union representing the majority of staff at the Bank of Italy has threatened to call a strike unless Antonio Fazio, the central bank's governor, resigns over the Antonveneta affair.
Bank of Italy slaps down investigation story
The Bank of Italy issued its second official statement since the transcripts of Governor Fazio's conversations were leaked to the media; this time, a one-line response to an article in the Corriere della Serra, an Italian daily.
Italy's Fazio to quit, but may take a while
An article published this week says Bank of Italy Governor Antonio Fazio will eventually yield to the relentless pressure on him to resign, but it may not happen for some time. One reform that seems almost sure to emerge from the affair is the…
Govt won't seek Fazio resignation - minister
The Italian government will not seek the resignation of central bank governor, Antonio Fazio, despite pressures for his removal because of his opposition to the takeover of two Italian banks by foreign companies, a minister was reported as saying by a…