Outlining the reasons for sending back to India the two marines accused of killing Indian fishermen, Italy’s outgoing Prime Minister Mario Monti said Rome faced serious risk of being isolated internationally and could have opened a crisis of “serious proportions” with New Delhi.

Italy's economic difficulties are not as serious as they were a year ago and the end of the crisis is getting closer, Italian Prime Minister Mario Monti said on Sunday.

"A year ago we thought less th

German Chancellor Angela Merkel and Italian Prime Minister Mario Monti will do everything to protect the eurozone and swiftly implement measures agreed by European leaders in June, their governments s

Angela Merkel was portrayed across Europe as the big loser of a eurozone showdown in Brussels after the German chancellor was forced to accept the crisis-fighting measures championed by countries stru

Eurozone leaders agreed on Friday to take emergency action to bring down Italy's and Spain's spiralling borrowing costs and to create a single supervisory body for eurozone banks by the end of 2012, a

German Chancellor Angela Merkel resisted pressure on Friday for common eurozone bonds or a more flexible use of Europe's rescue funds but agreed with leaders of France, Italy and Spain on a 130 billio

Italian Prime Minister Mario Monti on Wednesday said the root of Europe's debt woes lay partly in the irresponsible parenting of Germany and France during the bloc's infancy.

Monti told reporters in

Two festering diplomatic rows will feature in Prime Minister Manmohan Singh's talks with his Italian and Norwegian counterparts on the sidelines of an international conference in Seoul but no meetings

Former Italian prime minister Silvio Berlusconi's income last year rose 20 percent to 48 million euros (around 63 million) that allowed him to keep the title of Italy's highest-earning politician.

Th

Italian Prime Minister Mario Monti earned 1.01 million euros ($1.34 million) last year and owns 16 houses, according to an income declaration published online as part of a government transparency driv