Bank In Rome

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  Italian Who Planned To Rob Bank Rescued After Tunnel Collapse

  A man who was allegedly planning to rob a bank in Rome was rescued from a tunnel he was excavating, according to a report from The Guardian.

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  UniCredit Kicks Off Record $14 Billion Cash Call To Rebuild Capital

  Banks in Italy have been struggling to deal with bad loans left behind by a deep recession, leading to a series of capital raisings and consolidation in the sector as Rome tries to steady confidence in the sector.

• Archaeologists recreate Roman gladiator school in Austria

  A team of archaeologists said on Wednesday that they have discovered the almost complete remains of a Roman school of gladiators on the banks of the Danube in Austria and virtually recreated the site using sophisticated techniques.

• Three Palestinians killed in Israeli raid, peace talks called off

  Palestinian officials said they called off a planned round of peace talks on Monday after Israeli soldiers killed three protesters during clashes following an arrest raid in the West Bank.

• Senior Vatican cleric arrested in money smuggling case

  A senior Catholic cleric with connections to the Vatican bank was arrested on Friday for plotting to help rich friends smuggle tens of millions of euros in cash into Italy from Switzerland, in the latest blow to the Vatican's image.

• Senior Vatican cleric arrested for alleged banking fraud

  A priest has been arrested on suspicion of fraud and corruption in connection with the sweeping probe of the scandal-plagued Vatican bank, Italian media reported today.

• Pope Francis leads pep rally at Vatican, meets with German Chancellor Angela Merkel

  Pope Francis lamented that investment losses by banks trigger more alarm in the economic crisis than the struggle of people to feed their families, as he led a huge rally on Saturday to invigorate the church's moral conscience, hours after he held talks at the Vatican about the economic crisis with Germany's leader.

• European Central Bank holds rates, to stand firm on bond buys

  The European Central Bank (ECB) kept interest rates steady on Thursday and is likely to eschew dramatic action to help Italy or other euro zone countries, despite the threat of political turmoil in Rome reigniting the bloc's debt crisis.

• America pushes EU leaders to solve debt crisis: 10 latest developments

  The United States raised pressure on euro zone leaders to take decisive action to solve the region's debt crisis.

• Battle over Italy, Spain rescue erupts at EU Summit: Latest developments

  Italy and Spain, battling searing market pressure in the euro zone's widening debt crisis, blocked agreement on measures to promote growth at a European Union summit on Thursday.

• German Chancellor Angela Merkel rebuffs pleas for debt action on summit eve

  Addressing parliament in Berlin, Merkel accused top EU officials of putting the cart before the horse by proposing common euro zone debt before EU controls are in place on national budgets and economic policies.

• Euro zone latest developments: Big four agree on 130bn euro growth package

  German Chancellor Angela Merkel resisted pressure on Friday for common euro zone bonds or a more flexible use of Europe's rescue funds but agreed with leaders of France, Italy and Spain on a 130 billion euros package to revive growth.

• Rioters hijack Rome protests, police fire tear gas

  Italian riot police fired tear gas and water cannons Saturday in Rome as violent protesters hijacked a peaceful demonstration against corporate greed, smashing bank windows, torching cars and hurling bottles.