(Advertisement)

Italian premier pledges to lead

Monti: Early resignation won’t leave ‘decision-making vacuum’

By DEMOCRAT-GAZETTE STAFF FROM WIRE REPORTS

Posted: December 11, 2012 at 1:22 a.m.

Credit: AP
 A man in Milan, Italy, checks the Italian stock exchange Monday as the country’s stock market fell and Italy saw its borrowing costs jump as investors and European leaders worried about Prime Minister Mario Monti’s decision to resign earlier than expected.

Seeking to calm financial markets, Prime Minister Mario Monti said Monday he will lead Italy until the next government takes power, insisting there will be “no decision-making vacuum” despite his intention to resign ahead of time.

This story is only available from our archives.

Business, Pages 23 on 12/11/2012

(Advertisement)



« Previous Story

Treasury to sell last AIG shares

Robert Benmosche, chief executive officer of American International Group Inc., speaks at a Nov. 30 event sponsored by the American Chamber of Commerce in Seoul, South Korea. On Monday, the Treasury Department said it planned to sell the remaining AIG shares held by the government stemming from its bailout of the company.

American International Group Inc.’s rescue is coming to an end more than four years after the U.S. government ... Read »

Next Story »

Google parks billions in tax-free Bermuda

A pedestrian passes Gordon House, the European headquarters of Google Inc. on Barrow Street in Dublin, Ireland, earlier this year. Google used its Irish subsidiary as part of a legal effort to avoid an estimated $2 billion in corporate taxes potentially due in various countries in 2011.

Google Inc. avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion of its revenue... Read »

Comments

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Please read our comment policy.

Use the comment form below to begin a discussion about this content.

Registration is required to make comments. Click here to LOGIN.
You can register for FREE to post comments and receive alerts.