New Delhi / Bloomberg Prime Minister Narendra Modi is starting to see some success in getting infrastructure projects moving again. About a third of more than 1,000 projects valued at 14 trillion rupees ($210 billion) are delayed as of January, down from 42 percent a year earlier, according to government data released on Thursday. Cost overruns have come down from ...

Madrid / Reuters Spain plans to ask the European Commission for an extra year to meet its public deficit targets, El Pais reported on Sunday, after missing the mark with its 2015 deficit and raising the prospect of further spending cuts to narrow the budget gap. The country last month reported a 2015 deficit of 5 percent of economic output, ...

Bloomberg Italian Treasury and central bank officials will meet with executives of major banks, including UniCredit SpA and Intesa Sanpaolo SpA, on Monday to discuss the creation of a fund that would buy shares in bank recapitalizations and help the institutions tackle non-performing loans, according to people with knowledge of the talks. The Rome meeting will try to finalize discussions ...