InfoAnda - Italy money laundering reports skyrocket: central bank |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

From video games to movies, 3D is on the march | 12 January 2009
Israel, the land of milk and gourmet honey | 16 September 2009
S.Korean bond yields steepen as rate vote looms | 9 November 2009

China still counting student death toll from quake | 8 March 2009

Forum Views () Forum Replies ()

Read more with google mobile : Italy money laundering reports skyrocket: central bank |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Full Focus Editor's choice Our best photos from the last 24 hours. See more Images of May Follow Reuters Facebook Twitter RSS YouTube Read Wisconsin's Walker makes history surviving recall election | 12:45pm EDT EU, Germany exploring Spanish rescue, no request yet | 11:11am EDT Analysis: Walker's win in Wisconsin boosts conservatives 5:30am EDT Untreatable gonorrhoea spreading around world: WHO 9:45am EDT Putin says to push military ties with China | 10:25am EDT Discussed 353 NY mayor blasts sugar ban critics: ”That’s a lot of soda” 274 Louisiana’s bold bid to privatize schools 269 Florida to continue voter purge in defiance of warning Watched Could it be "Game Over" for consoles? Tue, Jun 5 2012 A look at the UK’s most beautiful face Thu, May 10 2012 Lagarde:"Lock EU leaders in room" until they create a plan 6:40am EDT Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Celebrities in wax Wax sculptures of famous faces. Slideshow Best of E3 Highlights from the annual video game expo. Slideshow Italy money laundering reports skyrocket: central bank Tweet Share this Email Print Related News Lone bomber, not mafia, sought for Italy school attack Sun, May 20 2012 Bomb at Italian school kills teenage girl, wounds 10 Sat, May 19 2012 Italy minister promises to speed up justice system Mon, May 14 2012 Analysis & Opinion ECB and euro governments play chicken Factbox on the Vatican bank and dismissal of its president Related Topics World » Italy » ROME | Wed Jun 6, 2012 12:24pm EDT ROME (Reuters) - Italy's worst economic crisis since World War Two has been a boon to the country's mafia organizations with reports of suspicious bank transactions rocketing, the Bank of Italy said on Wednesday. Reports of suspected money laundering through financial institutions rose 147 percent in 2010-11 from the previous two years "and they are still on the rise," Anna Maria Tarantola, deputy director at the central bank, said in testimony to parliament. About 800 of the total reports involved people arrested or under investigation for mafia activities, she added. A quarter of those were reported in northern Italy, outside of the territories historically controlled by the mafia, she said. Organized crime groups such as Sicily's Cosa Nostra, the Camorra around Naples, or the Calabrian 'Ndrangheta have long had a stranglehold on the Italian economy. But their grip has tightened during the current economic slump as banks reduced lending and the criminal networks, flush with cash, boosted their investments in the real economy. "Money laundering is anti-cyclical, and so it increases in times of crisis," Tarantola said. Organized crime generated annual turnover in 2011 of about 140 billion euros, or about 7 percent of annual gross domestic product, a January report from anti-crime group SOS Impresa said. The mob had 65 million euros in cash on hand, making it the nation's No. 1 bank, the group estimated. Reports of dragnets against mob groups are an almost daily occurrence in Italy. Naples police on Wednesday announced 47 arrests for various mafia crimes including extortion in a probe that uncovered an unusual alliance between former rival clans, and they sequestered businesses and properties in six regions of Italy, including the north. (Reporting by Steve Scherer. Editing by Jeremy Gaunt.) World Italy Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 6 June 2012
Suspect in grisly Canada murder faces German court |
Nigeria forces say kill 16 Islamists in fire fight |
Mexico's Pena Nieto stops slide in support-poll |
Twenty detained as Russia debates protest rules |
Three missing in blasts at Bulgaria arms depot |
Egyptians protest to reclaim their revolt |
IPO whisper estimates may be heard after Facebook |
Nintendo pins hopes on holiday-ready Wii U |
Napster founders reunite with social video service |
Flame virus prompts Microsoft to boost Windows security |
British singer Ed Sheeran bringing A-Team to U.S. |
Daughter of Bruce Willis, Demi Moore arrested in New York |
Whitney Houston's mother writing tell-all book |
Lawyers for actors Costner, Baldwin face off in trial |
Top al Qaeda strategist killed in Pakistan |
Syria bars diplomats, gunships in action |
China's Hu sees role for regional bloc in Afghanistan |
More body parts found in Canada as suspect faces German court |
Suicide bomber kills 20 Afghan civilians near NATO base |
Netanyahu faces settlement showdown in parliament |
Euro zone crisis tests Hollande's credentials |
Thorny human rights reform put off at OAS meeting |
Apple eyes new stores in two Chinese cities as iPad suit continues |
Nokia fights back with cheap touchscreen phones |
Panasonic to provide Olympus with up to 50 billion yen in capital: Kyodo |
Nintendo pins hopes on holiday-ready Wii U |
Napster founders reunite with social video service |
Australian defense minister off-line in China to avoid cyber spying: media |
Sheryl Crow says not worried by benign brain tumor |
Putin says to push military ties with China |
Bomb targets U.S. mission in Libya |
Scandal-hit Vatican says restoring trust will take time |
Iran criticizes IAEA, but hopes for nuclear deal |
French First Lady sees herself in Eleanor Roosevelt |
Italy money laundering reports skyrocket: central bank |
Hu Jintao sees role for regional bloc in Afghanistan |
Bomb targets U.S. mission in Libya's Benghazi |
Netflix plan seen as no big threat to content delivery firms |
Parrot bets on Android winning in-car device market |
Peer 1 Hosting to buy NetBenefit for $38.5 million |
Nations must talk to halt cyber terrorism: Kaspersky |
Smartphone maker HTC cuts sales target |
Miley Cyrus engaged to Australian actor Hemsworth |
Science fiction author Ray Bradbury dead at 91 |
Video site Vevo kicks off Certified program with Bieber |
Shakespeare gives hope to Afghanistan arts revival |
Israeli university cancels planned Wagner concert |
A Minute With: Neil Young on his new album, film |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01