An Italian man reads job offers outside a recruitment agency in the city of Milan. Southern Italy has lost 600,000 jobs over the past six years and the area has lost some 43.7 billion euros of its gross domestic product (GDP) during the economic crisis, a report shows. The data was released on Friday by the country’s industrial employers’ association Confindustria. The association also said that... 

Giorgio Napolitano is reelected as Italy’s president. Giorgio Napolitano has been reelected as the president of Italy, after accepting an appeal by the country’s major political parties to stand for a second term. In their sixth round of voting, 1,007 Italian lawmakers and regional representatives voted for Napolitano, 87, on Saturday, putting an end to a two-month political deadlock. “I... 

Italian President Giorgio Napolitano Italian lawmakers have failed to elect a new president during the first two rounds of voting, as tensions grow among center-left politicians. Italy’s parliament failed to elect a new successor to President Giorgio Napolitano during the first and second rounds of voting on Thursday, with no candidate able to secure the required two-thirds vote. Frontrunner... 

Italian Prime Minister Mario Monti leaves the presidential palace in a car after handing in his resignation to President Giorgio Napolitano on December 21, 2012. Italian Prime Minister Mario Monti has resigned, just days after ex-Prime Minister Silvio Berlusconi and his party threatened to topple his government. On Friday, Secretary General of the Presidency of the Republic of Italy Donato Marra said,... 

Italian Prime Minister Mario Monti has announced he is going to resign as he has lost support in the country’s parliament hours after former Premier Silvio Berlusconi said he would run again for head of government. Italian President Giorgio Napolitano’s office issued a statement on Saturday, announcing the prime minister’s resignation, saying Monti “does not think it possible to continue... 

Late night calls: Barack Obama made contact with several European leaders to demand faster action Barack Obama has read the riot act to the leaders of several European countries – saying more dramatic action is needed to avert a eurozone meltdown. The U.S. President made telephone calls to German Chancellor Angela Merkel, French President Nicolas Sarkozy and Italian President Giorgio Napolitano...