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ECB stress test "slap in the face" for Italian banks, but fearful response may be overblown

​News from the weekend that nine Italian banks failed the European Central Bank (ECB)'s so-called "stress test" sent ripples through the Italian economy Monday, but some experts say the reaction may be overblown.

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Italian textiles outperform textile industry: Textiles Trade Show data

​Italian textiles in the first half of 2014 posted an overall production growth generally outperforming the textile industry, data released here during the ongoing Italian Textiles Trade Show, Milano Unica, showed.

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Biopic at Venice offers glimpse of Italian great poet Leopardi's life

A biopic that portrays Italian poet Giacomo Leopardi, the country's greatest since Dante, is considered as a good opportunity to present the poet to the world and enhance cultural understanding.

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Italian movie features obsessive fears of society at Venice Film Festival

Hungry Hearts, a film presented Monday at the ongoing Venice Film Festival, has impressed the audience with a story that reflects the obsessive fears of the present society.

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Bank of China to foster ties between Chinese, Italian SMEs

Bank of China on Monday signed an agreement with the Milan-based Italy China Foundation to create a platform of services aimed at enhancing collaboration between the two countries' small- and medium-sized companies (SMEs).

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Italian police arrest officials on charges of corruption linked to Expo Milano

Italian police on Thursday detained seven people including public officials on charges of bid rigging and corruption related to the upcoming Expo Milano 2015.

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Italy's cabinet approves draft bill on crucial Senate reform

The Italian cabinet approved a constitutional reform draft bill on Monday to turn the Senate into a smaller and non-elected assembly.

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Italy recalls ambassador to India in row over jailed marines

Italy recalled its ambassador to India on Tuesday, after the Indian Supreme Court again postponed a ruling over the case of two Italian marines accused of murder.

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Italy reacts harshly to Indian charges against marines

Harsh reactions have been triggered in Italy on Monday, after prosecutors in India asked the Supreme Court to charge two Italian marines suspected of killing two fishermen under anti-terrorism law.

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EU anti-corruption report raises awareness, concern in Italy

The European Union's criticism concerning the record level of corruption in Italy has raised awareness as well as concern for the problem that Italian experts see still far from improvement due to legislative and cultural deficiencies.

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Italian port available for transit of Syrian chemicals

Italy's Gioia Tauro port will be available for trans-loading chemicals brought from Syria by cargo vessels onto a U.S. ship, the Italian government confirmed on Thursday.

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As Italian economic signals improve, gov't turns sights to sparking growth

With positive economic signs trickling in and hopes on the rise that the worst may be over for Italy's beleaguered economy, analysts say the Italian government appears to be gradually shifting focus from debt reduction to ways to spark growth.

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Fiat CEO announces merger with Cnh Global Nv

Italian automaker Fiat announced on Tuesday the official merger of Fiat Industrial, a separate entity from the group's automotive division, and Cnh Global Nv, a world leader in the agricultural and construction equipment businesses based in Amsterdam.