ROME- The European Investment Bank (EIB) and Fincantieri signed the first 80 million euro tranche of a 140 million euro loan for financing the Italian shipbuilder’

ROME- The Finnish Meteorological Institute and e-GEOS, an Italian company, have signed a contract worth some millions euro, for setting up a COSMO-SkyMed

ROME- The EU Commission has called on Italy to comply with EU rules on public service contracts once they have expired thereby respecting the principle of non-discri

ROME- The UK economy needs another big dose of quantitative easing to kick-start the stalled recovery, a Bank of England policymaker has asserted.

ROME- Italian Marina del Gargano joins the network of MDL Marinas, Europe’s largest marina operator.

ROME -- Richard Vaughan has announced his resignation as chairman of the Commonwealth Club of Rome as his family prepares to relocate to the United States.

Rome- Paolo Tonon, MSc (Eng), (42) has been appointed Vice President, R&D of Wärtsilä Industrial Operations as of 1 June 2012.

Rome- Recognizing the car industry is vital for prosperity in Europe during a CARS 21 report (12 million jobs and a € 92 bn trade balance), a European Commission Action Plan aims to help the sector

ROME - Seventeen workers in Tuscany, Emilia Romagna and Lazio are under investigation for counterfeiting mass amounts of “extra virgin” olive oil in the Mediterranean, judicial sources say.

ROME – The Prysmian Group, the world leader in the energy and telecom cable systems industry based in Milan, inaugurates its new submarine cable plant in Finland today.

Rome-- Wizz Air, the largest low-fare, low-cost airline in Central and Eastern Europe, established in Hungary in 2003, launched its Italian winter schedule with 47 low-fare routes offered from 12 a

ROME -- Dario Scannapieco, Vice President of the European Investment Bank (EIB), has been appointed as Chairman of the Board of Directors of the European Investment Fund.

ROME -- International law firm Hogan Lovells has recruited two new corporate partners in Milan.

ROME -- The European Investment Bank (EIB) has provided BNL Gruppo BNP Paribas with three separate lines of credit totalling 325 million euros for financing Italian SM

LONDON -- As every day goes by, Greece, the birthplace of democracy, looks more likely to exit the eurozone.

ROME– Police raided Monte dei Paschi di Siena headquarters as part of an investigation into the bank’s expensive acquisition of the Antonveneta bank in 2008.

ROME-- Italian cruise operator Costa Cruises saw a sharp rise in bookings last month, after the slump in sales following the fatal Concordia disaster earlier this year.

ROME -- EU consumers want to be sure that the products – whether produced in the EU or imported from third-countries - are safe.

ROME -- Finnish flag carrier Finnair has reported excellent financial results for the first quarter of 2012 for its Italy branch.

ROME -- As part of a strategy to expand its product offering and significantly increase volumes, over the next two years Maserati will introduce three new models in three different market segments.

ROME -- National carrier of the Kingdom of Bahrain, Gulf Air, has been ranked second in the Middle East for achieving an on-time performance (OTP) of 86.56 per cent for the year’s first quarter Jan

LONDON -- Sterling hit a 13-month peak against world currencies at the start of April after surprisingly upbeat manufacturing data suggested the UK could avoid slipping into recession.

MILAN -- A recent survey has revealed that while levels of trust in governments and other institutions have plummeted in the Eurozone, Italy remains a 'trust neutral' country.