Renzi's Italian budget is not so tax-cutting after all

(Reuters) - Two days after Matteo Renzi presented Italy's 2015 budget it is emerging that the prime minister's claims of unprecedented tax cuts to revive a stagnant economy are not exactly as he described.

Renzi Vows to Press Ahead With His Italian Reform Agenda

Italian Prime Minister Matteo Renzi said he will press ahead with his plan to overhaul the country’s labor market, a top priority in his agenda, even amid opposition from unions and members of his political party.

Italian business pushes Renzi for action

(Reuters) - The annual meeting of Italy's business elite on the shores of Lake Como was - again - dominated by calls for reforms and gloomy discussion of an economic crisis now well into its sixth year.

Italy Posts Biggest Consumer Price Decline on Record Amid Slump

Italy’s consumer prices this month dropped the most since records began after the euro-area’s third-largest economy slipped into recession, adding to concerns that the region might be headed toward deflation.

EU election casts shadow over euro zone as ECB meeting approaches

(Reuters) - Investors this week will be watching the results of elections that could deal a blow to political parties that are key to reform efforts in the European Union and could also fan instability in Ukraine.