Italy

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Seat Confident On Debt Accord

Debt-choked Italian directory group Seat Pagine Gialle said it was confident that a debt restructuring accord could be reached that would allow it to continue operating, as it reported a 17.7 percent fall in nine-month core earnings, Reuters reported. Se ...

Daily Headline - global.abi.org - 11/09/2011 - 22:51 - 0 comments

Financial Crisis Costs Job Of Italy's Longtime Leader

Italian Prime Minister Silvio Berlusconi pledged to step down after Parliament approves austerity measures, as the euro-zone's third-largest economy tried to stave off the nightmare scenario of a bailout that would test the currency union, The Wal ...

Daily Headline - global.abi.org - 11/08/2011 - 22:39 - 0 comments

Berlusconi Plays Last Cards, Denies Will Resign

Prime Minister Silvio Berlusconi defied huge pressure to resign on Monday, desperately playing his last cards to save his crumbling government as fears over Italy's instability hit markets across Europe, Reuters reported. Berlusconi denied reports b ...

Daily Headline - global.abi.org - 11/07/2011 - 22:11 - 0 comments

Seat PG Seeks Restructuring Deal With Creditors, Shareholders

Italian directories publisher Seat Pagine Gialle SpA is at the center of a dispute with its stakeholders that may see the company put into insolvency if an agreement isn't reached by the end of the month, said market participants Wednesday, Dow Jone ...

Daily Headline - global.abi.org - 11/02/2011 - 21:29 - 0 comments

ECB Buys Spain, Italy Debt

Top European Central Bank officials offered a skeptical appraisal of Europe's latest plan to solve its debt crisis, suggesting that the central bank may be forced to maintain the emergency measures it has adopted to keep the problems from spreading, ...

Daily Headline - global.abi.org - 10/27/2011 - 21:40 - 0 comments

European Drama Engulfs The World's Oldest Bank

As the continent's policy makers continue to grapple with the unfolding crisis that began with debt problems in Greece, investors' focus has turned to Italy, the euro-zone's third largest economy, and a nation saddled with one of its heavi ...

Daily Headline - global.abi.org - 10/26/2011 - 22:02 - 0 comments

Moody's Slashes Italy Credit Rating

Moody's lowered its rating on Italy's bonds by three notches on Tuesday, saying it saw a "material increase" in funding risks for euro zone countries with high levels of debt and warning that further downgrades were possible, Reuters ...

Daily Headline - global.abi.org - 10/04/2011 - 22:16 - 0 comments

RLPC-Ferretti Lenders Face Second Loan Reorg

Lenders to Ferretti are exploring a second debt restructuring as the Italian luxury yacht maker is running short of liquidity and could breach covenants on its 600 million euros ($805 million) of loans, banking sources said, Reuters reported. The lenders ...

Daily Headline - global.abi.org - 10/03/2011 - 21:23 - 0 comments

Article from INSOL Europe (Week 12 - 18 September 2011) GlobalINSOLvency Editorial Board

(Europe, Italy, Rome) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Europe,Italy,Rome 2011 American Bankruptcy Institute. All rights reserved. Global Insolvency portal provided by American Bankruptcy Institute a ...

Resource Article - abi_admin - 09/28/2011 - 14:27 - 0 comments - 1 attachment

INSOL Europe Conferences for 2012

(Europe, Italy, Rome) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Europe,Italy,Rome 2011 American Bankruptcy Institute. All rights reserved. Global Insolvency portal provided by American Bankruptcy Institute a ...

Resource Article - abi_admin - 09/28/2011 - 13:08 - 0 comments - 1 attachment

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