From his dramatic rise to power as Italy seemed headed for bankruptcy to eurozone crisis fighting and austerity measures at home, Prime Minister Mario Monti’s 13 months in office were tumultuous.
LUXEMBOURG — Europe has tried to set up a firewall between the financial turmoil ravaging Greece and the destinies of Ireland and Portugal, the two other bailed-out eurozone countries, and increased pressure on Athens to pass new austerity measures in exchange for saving it from default. Eurozone governments on Monday agreed to reinforce their bailout [...]
ILOILO CITY—Barangay captains of Iloilo City spent three days in Boracay Island last week for an “educational tour” , despite a government memorandum on austerity measures and out-of-town trips. Roberto Divinagracia, president of the Association of Barangay Captains and ex-officio member of the city council, confirmed that 120 of the city’s 180 barangay captains were [...]