German Lufthansa Group has finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier.
Italy's Foreign Minister Antonio Tajani and his centre-right party Forza Italia on Tuesday urged Italians living in Germany to support the conservative alliance in the country's snap election scheduled on Feb 23.
ROME — Italy’s government fears merger deals by some of the country’s biggest financial groups will sap its ability to summon patriotic investment in a crisis.
Chancellor Olaf Scholz on Friday laid out his vision to secure the future of Germany's ailing economy at a campaign event in the historic home base of the crisis-hit auto
Italian Prime Minister Giorgia Meloni, whose rise to power in Rome two years ago sparked panic among the European political establishment, may now be the continent’s best hope to have one of its own in the good graces of the Trump White House.
Under the €325-million ($350-million) deal, Lufthansa takes an initial 41 per cent stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of €829-million. The remaining 59 per cent will initially continue to be held by the Italian Treasury.
Germany's Lufthansa Group has completed its long-sought acquisition of Italian carrier ITA Airways, finalising on 17 January its acquisition of a two-fifths stake in the company.
President-elect boasts international group of Right-wing proxies with equally provocative styles and a hostility toward migrants and wokery
Germany's Lufthansa announced on Friday that it has taken the first step towards a takeover of Italy's state-owned ITA Airways by completing an approved capital increase of €325 million ($334 million).
Z for "Zigeuner" -- "Gypsy", then a number. Some survivors still have the horror of the Roma Holocaust tattooed on their skin, a reminder of a lesser-known genocide that researchers are now trying to document.
After forging unexpectedly fond ties with President Biden, Italy’s right-wing Premier Giorgia Meloni is poised to leverage a more natural alliance with incoming President Trump that positions her as a key interlocutor between the U.
A German-Iranian woman held in Iran for over four years has returned to Germany, her family said Monday, as a Frenchman detained by the Islamic republic since October 2022 revealed his identity in an audio message and said he was exhausted by his ordeal.