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Italian Finance Minister Pier Carlo Padoan attends a Parliament session in Rome, Thursday, April 17, 2014. Italy has again pushed back its balanced-budget goal, now aiming for 2016. Finance Minister Pier Carlo Padoan wrote to the European Commission this week, saying due to Italy's stubborn economic crisis, it is now aiming for a balanced structural budget in 2016. In 2011, then-Premier Silvio Berlusconi had promised that Italy would balance its budget by 2013. But with the country mired in recession, in 2012, during economist Mario Monti's government , the date was rolled back to 2015. The Senate Thursday approved the 2016 target. Padoan cited Italy's decision to accelerate payment of the remaining amount of public debt arrears as a key factor in the pushback. Many private businesses had said they risked failure if the government didn't pay what it owed them for services and goods. (AP Photo/Roberto Monaldo, LaPresse)
Business

Italy again pushes back balanced budget goal

Washington Examiner -
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FILE - In this Dec. 4, 2013 file photo Silvio Berlusconi attends the launch of a book
News

Berlusconi: glad to help elderly as punishment

Washington Examiner -
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Detained Berlusconi ally taken ill in Lebanon
News

Detained Berlusconi ally taken ill in Lebanon

Washington Examiner -
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FILE - In this Saturday, Feb. 15, 2014 file photo Silvio Berlusconi talks to journalists after talks with Italian President Giorgio Napolitano, at the Quirinale presidential palace, in Rome. A Milan court Tuesday, April 14, 2014 has ruled that Silvio Berlusconi will perform a year of community service for his tax fraud conviction at a center for the elderly. The assignment curtails Berlusconi's ability to participate in the upcoming European election campaign , a point of contention among his political allies. The 77-year-old, three-time former premier cannot run due to the conviction, the first against him ever confirmed by Italy's high court, but remains a political force as head of Forza Italia. (AP Photo/Riccardo De Luca, Files)
News

Berlusconi given community service for tax fraud

Colleen Barry -
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Italian court: Ex-PM Berlusconi to serve community service for tax fraud at center for elderly
Business

Italian court: Ex-PM Berlusconi to serve community service for tax fraud at center for elderly

Washington Examiner -
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Politician’s anti-Semitism sparks outcry in Italy
News

Politician’s anti-Semitism sparks outcry in Italy

Washington Examiner -
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Italy: Berlusconi ally declared fugitive
News

Italy: Berlusconi ally declared fugitive

Washington Examiner -
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Philippine Police Superintendent Noel Calderon Alino, left, answers questions from reporters beside Senior Supt. Romulo Sapitula at a police station in Binan, Laguna province, south of Manila, Philippines on Monday, April 7, 2014. The police officials said Monday they have detained and filed a complaint of child trafficking against a vacationing Italian diplomat found at a resort south of Manila allegedly in the company of three street boys aged 9 to 12. (AP Photo/Aaron Favila)
News

Italian diplomat on abuse charge in Philippines

Teresa Cerojano -
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Berlusconi hospitalized with inflamed knee
News

Berlusconi hospitalized with inflamed knee

Washington Examiner -
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President of the European Central Bank Mario Draghi speaks during a news conference in Frankfurt, Germany, on Thursday following a meeting of the ECB governing council. (AP/Michael Probst)
Economy

European Central Bank leaves rates unchanged amid falling inflation, considers quantitative easing

Joseph Lawler -
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