ROME (Reuters) - Italy's new government will make few substantial changes to the much-criticized labor reform adopted last year by former premier Mario Monti, Industry and Welfare Minister Enrico Giovannini told parliament on Tuesday.Full story
ROME (Reuters) - The re-election of Italy's president has raised the prospect of an end to the two months of political stalemate that have followed the general election, with a move to form a government foreseen within days. Full story
Italy's Parliament on Saturday re-elected Giorgio Napolitano to an unprecedented second term as president, after party leaders persuaded the 87-year-old to serve again in hopes of easing the hostility that has thwarted formation of a new government. Full story
CNBC's Carolin Roth reports on the state of the European markets after Italy's Prime Minister Monti announces he will step down following the approval of the country's 2013 budget.
CNBC's Rick Santelli questions constitutional authority as the markets await a decision by the ESM on Monti's bond-buying mandate.
President Obama spoke separately today to German Chancellor Merkel and Italian Prime Minister Monti to discuss economic conditions in Europe, reports CNBC's Michelle Caruso-Cabrera.
U.S. Secretary of State John Kerry talks with outgoing Italian Prime Minister Mario Monti at the start of a NATO Foreign Ministers meeting at the Alliance's headquarters in Brussels April 23, 2013. REUTERS/Yves Herman (BELGIUM - Tags: POLITICS)
Mario Monti speaks during a news conference in Rome March 6, 2013. REUTERS/Alessandro Bianchi
