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...same interest rate is almost certainly too high for the European Union's weakest economies. Germany's Economics Minister, Wolfgang Clement, recently urged Trichet to cut rates--so far, to no avail--and Italy's Welfare Minister, Roberto Maroni, even suggested that Italy should call a referendum on whether to readopt the lira. But after a meeting of the European central bank's council earlier this month that left policy unchanged, Trichet said the current rates were "appropriate" and "fully in line with what would be best to ... foster growth and job creation." The talk about Europe's dumping...

Author: /time Magazine | Title: Currency: Euro-Division? | 6/20/2005 | See Source »

...Winging It Alitalia has crash landed in a field of Catch-22s. The majority state-owned Italian carrier, which loses about €1.2 million a day, desperately needs a government bailout to avoid bankruptcy. But any rescue plan risks a veto from Brussels on antitrust grounds. Labor Minister Roberto Maroni promises the government will sign an emergency decree this week, reportedly set to dole out €120 million to Alitalia and Italy 's smaller carriers this year. That would keep the flagship airline afloat and avert disastrous labor strife. But even if the bailout gets past E.U. competition czar Mario...

Author: /time Magazine | Title: Biz Watch | 4/25/2004 | See Source »

This ability to take a standard assignment and make something more out of it comes through most clearly in the exhibit in one work--a traditional study of a human head. William Maroni's charcoal head of a woman is a study in how to make three dimensional forms by light and shading, and also in how to bring a piece of paper to life with a pair of powerful eyes. It is a very fine, sensitive drawing and one of the high points of the show...

Author: By Kathy Garrett, | Title: Apples, Oranges and Striped Cloths | 5/16/1975 | See Source »

Reserved for political prisoners, the little island which gave the whole colony its name was actually only a small part of the sprawling penal community-two other rocky islands and two mainland settlements along the banks of French Guiana's Maroni River. But the name sticks: only the Devil himself could have designed such hellish discomfort for his prisoners as those that abounded in the steaming jungles of Guiana, or hired jailers as efficient as the shark-infested seas and fever-ridden swamps that stood guard on all sides of the Cayenne colony. The world got its first full...

Author: /time Magazine | Title: FRANCE: Gone to Hell | 9/14/1953 | See Source »

...probable lineup: Thomas, goal; Byrne (C), Spence, Maroni, defense; Brooke, Sawyer Huebsch mid field; R. Baldwin, Aiello, Yost, attack...

Author: NO WRITER ATTRIBUTED | Title: Lacrosse Team Meets Yale In Crucial Game Tomorrow | 5/16/1952 | See Source »

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