Mar 31, 2013

Your forexlive.com ENewsletter

Your forexlive.com ENewsletter

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Italy stuck in limbo as President pledges to stay on

Posted: 30 Mar 2013 12:42 PM PDT

From Reuters:

Italian President Giorgio Napolitano on Saturday ruled out standing down early to make way for new parliamentary elections, after the failure of attempts to form a government this week, saying he would keep trying to find a way out of the deadlock.

Less certainty about the government is a negative for the euro.

Hot stuff for Easter

Posted: 30 Mar 2013 06:34 AM PDT

For those of you looking for something a little different in your eggs this Easter, how about one of these ?

However you’re spending the week-end I hope you have a good one.

UK press round-up

Posted: 30 Mar 2013 06:33 AM PDT

Italian president to stay in office for full term

Posted: 30 Mar 2013 06:13 AM PDT

This out in the last hour dispels earlier rumours that he was resigning.

Italian President Giorgio Napolitano said he would remain in office until his mandate ends on May 15, ruling out an immediate resignation to allow new elections to be held as soon as possible.Napolitano told reporters that the failure of political parties to reach agreement on forming a new government after last month’s deadlocked elections had shown that his options were limited.

But he added that:

“until the final day, I can at least contribute to creating conditions that are more favourable to the aim of unblocking a political situation which has ended up with irreconcilable positions.”
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