#récession

Former head of the BCE (European Central Bank) Mario Draghi (C) gives a press conference after a meeting with the Italian president, at the Quirinal palace in Rome, on February 3, 2021. - Italy's president is expected February 3, to ask Mario Draghi, the former head of the European Central Bank, to lead the country out of the devastating coronavirus pandemic after the coalition government collapsed. He called for unity after being charged by Italy's president to form a new government, saying the country faced a "difficult moment". (Photo by Alessandra TARANTINO / POOL / AFP)
Former head of the BCE (European Central... […]

Five things about Italy’s political crisis

Former ECB chief Mario Draghi has been tasked with forming a new Italian government after weeks of turmoil. Here are five things to know about the political crisis engulfing the country
(FILES) In this file photo taken on February 27, 2020, Italian Prime Minister Giuseppe Conte gestures as he takes part in a press conference with the French President during a Franco-Italian summit at the Royal Palace in Naples, southern Italy. - Italian Prime Minister Giuseppe Conte will resign January 26, 2021, his office said on January 25, 2021, in what media reports said was a move to secure a mandate for a new government after weeks of turmoil. A statement from Conte's office said he had called a cabinet meeting for 9:00am (0800 GMT) "during which the prime minister, Giuseppe Conte, will inform the ministers of his desire to go to the Quirinale (President Sergio Mattarella's office) to resign". (Photo by Ludovic Marin / AFP)
(FILES) In this file photo taken on Febr... […]

What’s next for Italy after PM Conte’s resignation?

Italian PM Giuseppe Conte's resignation has triggered a fresh leadership crisis with the country reeling from the coronavirus pandemic that has killed more than 85,000 people
Cranes operate at a construction site on Berlin's Friedrichstrasse on August 21, 2019. - The 25.300 square-meter site in central Berlin, which includes the old Tacheles artist colony (building 2nd from L), is being redeveloped to include retail space, offices and residential units, designed by Swiss architects firm Herzog & De Meuron. (Photo by John MACDOUGALL / AFP)
Cranes operate at a construction site on... […]

Eurozone economy to crash 8.7% in 2020: EU forecast

The eurozone economy will plunge 8.7% in 2020 due to the coronavirus crisis, the European Commission said in more pessimistic forecasts that do not see a complete rebound next year