International Monetary Fund urges more progress on public finance reforms The International Monetary Fund (IMF) on Thursday urged the incoming center-right government of Silvio Berlusconi to continue efforts to correct Italy' public finances.
Luxury market unscathed by crisis, Luxottica Boss says The luxury goods sector has been virtually unscathed by the current economic slowdown and decline in spending, according to the head of the Italian eyewear giant Luxottica.
Unicredit denies contacts with Lufthansa for Alitalia Unicredit has denied press reports that it has been in contact with German carrier Lufthansa in regards to preparing a bid for ailing Italian airline Alitalia.
Consumer spending off 1.7% in March Consumer spending fell 1.7% in March, over the same month last year, the greatest year-on-year drop since the start of 2005, the Confcommercio retailers' association reported on Monday.
Fiat boosts sales despite market slump in aApril Fiat last month was able to boost its sales and market share despite a slump in the new car market in Italy.
Italy's PSBR declines in first four months of 2008 Italy's public sector borrowing requirement (PSBR) in the first four months of the year amounted to 31 billion euros, down some 2.7 billion euros from the same period in 2007, the economy ministry said on Friday.
Most Italians live on less than 15,000 euros a year More than one out of two Italians live on less than 15,000 euros a year, according to a study of tax returns filed in 2006 on incomes for 2005 by the economy ministry.
Pisa airport's 2007 budget approved SAT shareholders (management company for the Galileo Galilei airport) recently approved the company's 2007 budget.
Tuscan foreign sales up 6.9% In 2007, foreign sales by Tuscan companies grew 6.9%, confirming the positive result seen the prior year.
April inflation steady at 3.3%, Istat says Italy's inflation rate remained high but stable in April, national statistics bureau Istat reported on Wednesday.
