Italy's most important political party moved closer to fracturing after former Prime Minister Matteo Renzi stepped down Sunday as the Democratic Party's general secretary, setting up a showdown between his allies and the party's old guard.
Former Italian prime minister Matteo Renzi resigned as head of the ruling Democratic Party (PD) on Sunday, opening the way for a leadership fight in which he will take on rivals threatening to split the centre-left.
The Cabinet of Italy's newly appointed Prime Minister Paolo Gentiloni is racing to reassure Europe that its political crisis is over, with assurances of policies similar to those of his predecessor and urging the European Union (EU) to be more "growth-oriented".
New Italian Prime Minister Paolo Gentiloni unveiled his government on Monday, keeping almost all former ministers in place in a move aimed at reassuring financial markets.
The cabinet of Italy's newly-appointed Prime Minister Paolo Gentiloni was sworn in on Monday, paving the way to solve the government crisis set off by the resignation of former prime minister Matteo Renzi on Dec. 7.
The consultation talks led by Italian President Sergio Mattarella with the country's main political forces was expected to end on Saturday afternoon, in an effort to lead the country out of the impasse to form a new government.
Matteo Renzi bowed out as Italian prime minister with a combination of jokes, regrets and a strong hint that he wants to lead his party into an early election battle.
The euro steadied on Tuesday, having bounced back from a near 21-month low set the previous day after Italian Prime Minister Matteo Renzi's loss in a referendum over constitutional reform, an outcome that traders had widely expected.
Italian Prime Minister Matteo Renzi announced on Monday that he would resign after suffering a resounding defeat in a referendum over constitutional reform, leaving the euro zone's third-largest economy in political limbo.
Italy's Prime Minister Matteo Renzi will resign after the 2017 draft budget is approved, the Italian president said on Monday.
The immediate political future of Italy is now in the hands of President Sergio Mattarella, whose task is to confer a mandate to form a new government on whomever he picks to succeed resigning Prime Minister Matteo Renzi.
Italians vote on Sunday in a referendum on constitutional reform which will decide the political future of Prime Minister Matteo Renzi, who has promised to resign if he loses.
Anxiety about bogus news reports is rising in Europe, as Italian Prime Minister Matteo Renzi and others express concern that fake news circulated over social media may influence elections on the continent, including a critical referendum in Italy today.
Italy prepared for an emotional day of mourning Saturday with flags across the country to fly at half mast in honour of the 281 victims of a devastating earthquake.
Italian Prime Minister Matteo Renzi said on Tuesday it had been a mistake to personalize a referendum, due to be held later this year, in which he originally promised to resign if he failed to convince voters to support the need for constitutional change.
Italian Prime Minister Matteo Renzi warned national lawmakers against underestimating the impact of the UK referendum, and urged a new strategy based on growth to relaunch the EU.
Days after Italian Prime Minister Matteo Renzi declared he wanted his country to join Germany and France as a central decision maker in the European Union (EU), his remarks are resonating with the public even if it is not clear if they will have the desired impact among EU policy players.