The president of Confindustria , Italy’s biggest employers’ lobby, turned down an offer to become the country’s industry minister, the newspaper La Stampa reported, without saying where it got the information.
Italian Prime Minister Silvio Berlusconi’s surprise nomination of Ignazio Visco to run the Bank of Italy sets up a possible clash with French President Nicolas Sarkozy over the composition of the European Central Bank’s Executive Board.
The European Union is poised to take its first formal steps to expand the world’s most ambitious limits on fossil fuel pollution. That may widen a rift in how it balances green policies with the need for cheaper power.
Claudio Descalzi’s nomination as chief executive officer of Eni SpA puts a life-long oil man in charge of Italy’s largest crude producer, demonstrating Prime Minister Matteo Renzi’s preference for technocrats over political appointees to run the country’s biggest companies.
Riccardo Coladarci, a firefighter in Rome for seven years, is trapped and says now it’s time for him to be saved. His temporary job contract doesn’t offer sick days or vacation and pays about 9,000 euros ($12,000) a year, barely enough to make ends meet in Italy.