Italy

Europe Backs Monti Reforms as Italy Crisis Hits Markets

European partners urged the next Italian government on Monday to stick to Prime Minister Mario Monti's reform agenda, after his decision to resign early and Silvio Berlusconi's return to frontline politics rattled financial markets.

Ferrari Auction To Aid Italy Quake Victims

Tuesday morning, a strong 5.8 magnitude earthquake struck Northern Italy, taking the life of at least 15 victims and injuring even more. In light of the devastation, Ferrari has announced an online auction in support of the families of the victims that have lost their lives.

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