In other messages she (http://www.ibtimes.co.uk/articles/435372/20130214/pope-benedict-resign-vatileaks-power-health.htm) fuelled speculations over Pope Benedict XVI's resignation , saying he was seriously ill, and claimed that former Italian finance minister Giulio Tremonti
was a homosexual.
Alors qu'une reunion des ministres des Finances de l'ensemble de l'Union europeenne se tenait hier mardi a Bruxelles, le ministre italien des Finances, Giulio Tremonti
, est rentre precipitamment a Rome.
Italian Finance Minister Giulio Tremonti
was said to have "reassured" his eurozone partners on Rome's commitment to beginning a round of budget cuts and economic reforms, as the political storm around the country's prime minister intensifies.
Economy Minister Giulio Tremonti
has promised a package of reforms that would open up closed professions, cut red tape and raise revenue though steps such as privatisations and a new wealth tax, measures all aimed at boosting growth and righting the state's finances.
Berlusconi and Finance Minister Giulio Tremonti
clashed over the appointment, with the premier initially backing Bank of Italy director general Fabrizio Saccomanni, the candidate favored by Draghi, and Tremonti preferring Treasury director general Vittorio Grilli, newspaper Il Sole 24 Ore reported on Sept.
Citing an official in Italy's centre-right government, the newspaper reported that Lou Jiwei, the chairman of China Investment Corp, a sovereign wealth fund, led a delegation to Rome last week for talks with Giulio Tremonti
, the finance minister, and Italy's Cassa Depositi e Prestiti, a state-controlled entity that has established an Italian Strategic Fund open to foreign investors.
The one-day visit to Rome and Milan will include talks with Italian Minister of Economic Development Paolo Romani and Finance Minister Giulio Tremonti
as well as with central bank chief Mario Draghi, due to head the European Central Bank from November 1.
Minister of Economy Giulio Tremonti
announced the revamped austerity plan,
"We need to have very strong austerity measures in 2012 and 2013," Finance Minister Giulio Tremonti
told lawmakers, who had been called back from summer holidays to debate measures to shield Italy from plunging into a debt crisis.
Then Italy's Finance Minister Giulio Tremonti
, for his part, said that the European economy is like the Titanic, i.e.
Both nations' borrowing costs have risen sharply in recent weeks and Italy - the Euro's third largest economy - have been identied as especially vulnerable due to disagreements between their finance minister, Giulio Tremonti
, and Prime Minister Silvio Berlusconi.