Italy

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German Firm Buys Tuscan Hamlet
German Firm Buys Tuscan Hamlet
May 25, 2007 5:21 AM CDT

German Firm Buys Tuscan Hamlet

Five remaining Italians see red (and yellow and black) as Goths invade

(Newser) - A German company has bought up an entire town in Northern Italy, with plans to convert it into a giant "holiday world" resort. The Guardian reports that Hanover-based tour giant TUI payed upwards of $340 million for the 13th-century Tuscan village of Tenuta di Castelfalfi, whose crumbling ramparts, squares...

Rome Deal Creates World's 5th-Largest Bank

(Newser) - Italian lenders UniCredit and Capitalia yesterday inked a $29.7 billion deal to create a bank with the world's fifth (and Europe's second) largest market cap. The hurried Rome merger indicates, according to the Wall Street Journal, a rush to consolidate Europe's banking sector, but also the persistent challenges to...

Polish Artist Installs Huge Nude Balloon in Italy

(Newser) - Polish artist Pawel Althamer has placed a 70-foot long nude balloon in a plaza in Milan. It is a self-portrait of the artist.  In Italy such a sculpture is "nothing new."   A passing American commented that it "wouldn't fly" in the U.S.

Police Defeat Fans, 11-0
Police Defeat Fans, 11-0
Apr 5, 2007 9:13 PM CDT

Police Defeat Fans, 11-0

(Newser) - In Rome, a squad of determined Italian riot police prevailed over 11 Manchester United fans, sending them to the hospital. Over 5,000 Man U supporters crowded the stands at Rome's Stadio Olimpico; their team fell to Roma, 2-1, as they themselves lost by a greater margin to the disciplined...

Italians Ransom Journalist for 5 Taliban Prisoners

Widely criticized deal is first swap for a hostage in Iraq or Afghanistan

(Newser) - The Italian government bought the freedom of a kidnapped Italian journalist by arranging the release of five Taliban militants from an Afghan prison. The New York Times says it’s the first time prisoners have been openly exchanged in the wars in Iraq and Afghanistan., and the move was widely...

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