Italy successfully sold €5.25 billion of short- and long-term bonds Friday, despite being downgraded by Moody's a day earlier.
The European Central Bank's latest effort to prevent a credit crunch in the European banking system appears to be showing signs of success, and some analysts say it could also be providing some relief for tensions in the government bond market.
Italy's borrowing costs fell slightly on Monday as the Treasury sold ?7bn of one-year bills to yield 5.952 per cent with demand nearly double the amount on offer.
Italy's borrowing costs shot higher on Friday as Rome was forced to pay euro-era high interest rates to investors in what analysts called an "awful" auction of short-term debt.
Italy's debt crisis raises an uncomfortable question in the United States: Is America like Italy?
Italy's borrowing costs continued to surge for a third day Wednesday, with yields on 10-year Italian bonds climbing above 7%.
The Italian government's borrowing costs spiked on Monday, with yields on its bonds getting perilously close to the 7% mark, as faith wanes in Prime Minister Silvio Berlusconi.
Italy's lower house of parliament was briefly suspended Wednesday after a brawl broke out among lawmakers debating proposed pension reforms.
Standard & Poor's Ratings Services downgraded 24 Italian financial institutions on Tuesday, including seven of its major banks.
Standard & Poor's Ratings Services cut Italy's sovereign credit rating late Monday, saying the nation's weakening economic growth and political uncertainty have dented its financial stability.
The debt crisis in Europe is knocking on Italy's door, but American banks still appear to be well insulated from the dreaded contagion.
A major Italian trade union called on workers to strike as the country's Senate prepares to vote on austerity measures.
Italy has found itself at the center of spiralling economic concerns in recent days. Fears that it might default on its huge debt have pushed up the cost of government borrowing and led Prime Minister Silvio Berlusconi to address lawmakers in a bid to reassure the markets.
If you think the markets have been ugly in the United States for the past eight days, you obviously haven't looked at Italy.
Italian Premier Silvio Berlusconi expressed confidence Wednesday in Italy's ability to confront the financial anxieties shadowing Italy and rest of the continent.
CNN's Nina Dos Santos talks to a professor about Italy attempting to pass a $57 billion austerity plan.
When it comes to financial problems in the Eurozone, can you fairly compare Italy with Greece? CNN's Becky Anderson asks.
This whole euro debt crisis is starting to remind me of the tagline of "Jaws." Just when you thought it was safe to go back into stocks ... cue the ominous cello music.
The European Council on Friday appointed Italian Bank Governor Mario Draghi as the next president of the European Central Bank.
A former ally-turned-rival of Silvio Berlusconi called on the Italian prime minister to resign Sunday, threatening to prompt a government crisis if he does not.
Italian prosecutors' decision to seize Vatican Bank funds as part of an investigation into possible money-laundering was correct, an Italian court ruled Wednesday.
Italian Prime Minister Silvio Berlusconi survived a vote of confidence Wednesday, winning majority backing in the lower house of parliament for his plans for the next three years.
Pope Benedict XVI personally told the director of the Vatican Bank that he trusted him and appreciates the work he is doing, the Vatican said Monday, after Italian authorities launched a money-laundering investigation into the bank.
The president of the Vatican Bank told CNN on Friday he was incredulous and "humiliated" when he learned Italian investigators were looking into money-laundering allegations against the bank.
An Italian probe into the Vatican Bank marks the first time Italian authorities have ever blocked an account at the bank, prosecutors told CNN Wednesday.
Italian authorities are investigating the Vatican Bank over possible violations of money laundering regulations, the Bank of Italy told CNN Tuesday.
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