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Graphic: Little evidence that ECB would use Quantitative Easing to play politics


FRANKFURT Rumors are rife that the European Central Bank may use its regular bond buying to sway the program of the new Italian government, but past data provides little evidence it uses these purchases to intervene in times of political turmoil.

European shares eye four-month high, Italy sell-off relents

LONDON European shares inched toward four-month highs on Tuesday, as an easing of pressure on Italy's debt markets coincided with China's latest move to open up its giant economy to the rest of the world.

May 22 2018

Italian president hesitates as novice put forward as premier

ROME Italy's anti-establishment 5-Star Movement and the far-right League on Monday proposed Giuseppe Conte, a little-known law professor, as prime minister to lead their big-spending coalition government. | Video

World, May 21 2018

Italy parties propose unknown academic to head radical government

ROME If you have never heard of Italy's possible new prime minister, Giuseppe Conte, then you are in good company. Neither have the vast majority of Italians.

World May 21 2018

Italy's 5-Star meets steel unions on Ilva plant it eventually wants shut

ROME A prominent 5-Star Movement lawmaker met unions at Italy's Ilva steel plant on Monday, saying afterward he had made headway toward a solution for the factory - due to be bought by ArcelorMittal with several thousand job losses - which his party wants eventually to close.

World, May 21 2018

Hitachi ready to buy Elliott's stake in Ansaldo STS

MILAN Japan's Hitachi is ready to buy U.S. fund Elliott's stake in Ansaldo STS to take full control of the Italian rail-signalling company, the head of Hitachi Rail said on Monday.

Japan, May 21 2018

Italy must present Monte dei Paschi exit plan by 2019: CEO tells paper

MILAN Italy must present the European Commission with a plan for its exit from lender Monte dei Paschi by 2019, Chief Executive Marco Morelli told daily Corriere della Sera.

May 21 2018

Italians back League, 5-Star plan as groups ready government team

MILAN More than 90 percent of Italians participating in an informal ballot gave their blessing to a policy agenda from the far-right League and the 5-Star Movement, as the two parties agreed on a candidate to lead their planned coalition government.

World, May 20 2018

Weinstein accuser Argento warns others at Cannes: 'we know who you are'

CANNES, France Italian actress Asia Argento, who has accused movie mogul Harvey Weinstein of sexual assault, told the closing ceremony of the Cannes Film Festival there were abusers in the audience who had yet to be outed.

Entertainment May 19 2018

Italy's maverick coalition to boost spending, seek review of EU rules

ROME Italy's two anti-establishment parties promised on Friday to ramp up spending in a program for a new coalition government, putting them on a collision course with the European Union despite having dropped some of their most radical proposals. | Video

World, May 18 2018

Trump casts doubt on planned summit with North Korean leader

WASHINGTON U.S. President Donald Trump said on Tuesday there was a "substantial chance" his summit with North Korean leader Kim Jong Un will not take place as planned on June 12 amid concerns that Kim is resistant to giving up his nuclear weapons. | Video