Rehn: Italy has hope of fiscal turnaround
Rome - Upi
European Finance Commissioner Olli Rehn told members of the Italian Parliament the goal of overcoming the country\'s financial woes is achievable. Rehn said Italy faces and uphill struggle. \"As well as budget consolidation, ambitious measures are needed to relaunch growth, ensuring social equity,\" he said, ANSA reported Friday. Italy\'s deficit is widely reported to be 120 percent of the country\'s gross domestic product. Nevertheless, Rehn said Italy\'s goal of returning to fiscal balance was \"attainable.\" Rehn was scheduled to talk with Premier Mario Monti and several key Cabinet members, as well as the director general of the Bank of Italy, Fabrizio Saccomanni.
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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