Mario Draghi, who draws at least two generous state pensions and owns or part-owns around 10 houses, has said he will not receive any salary for his job as Italy's prime minister.

Italy's Draghi, with lucrative state pensions, renounces salary as PM

The European Commission will prepare in the next weeks a plan to finance the economic recovery in the European Union, European Commissioner for Economic and Financial Affairs Paolo Gentiloni said on Wednesday.

EU recovery plan to be ready in weeks, to be approved in June: Top official

Italy's new prime minister Giuseppe Conte mostly kept quiet on his full first day in office Saturday, while his two powerful deputies took centre stage in setting the tone of the populist government's policy

New Italy PM starts off in shadow of his powerful deputies

British Prime Minister Theresa May, French President Emmanuel Macron and Italian Prime Minister Paolo Gentiloni will raise the issue at an event on the sidelines of the annual gathering of world leaders at the United Nations.

At UN, Britain to push internet firms to remove extremist content quicker

Gentiloni, who had been Renzi's foreign minister, was asked by President Sergio Mattarella to form a new government

Paolo Gentiloni is Italy's new prime minister

London visit will be the first by John Kerry after the referendum when voters demanded Britain leave the world's richest trading bloc

Top US envoy Kerry heads to Britain amid Brexit crisis

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