There used to be a time when Italy's super-rich gravitated to the smartest enclaves of Sardinia for a summer of relaxation and luxury.
The eurozone is on the brink of following Britain into a double-dip recession after its economy shrank between April and June.
House prices in Spain fell by 11.2% in July, the biggest monthly fall since March last year. Overall prices have fallen by 31% since the financial crisis hit in 2008. Spain has an estimated 2 million unsold homes.
Two of France's biggest international football stars are to face trial for allegedly soliciting an underaged prostitute, in one of the most high-profile sex scandals to hit French sport.
Nicolas Sarkozy is depicted as a power-crazed leader known as "Rocky" who does pelvic floor exercises with his personal trainer on the Élysée lawn.
It took a trial and two appeals. But now Italians know where they stand.
After the big build-up, the almost inevitable disappointment. Mario Draghi had raised expectations that he had a blueprint to save the euro, so the only way was down when he was forced to admit he didn't actually have that much up his sleeve, as yet.
European politicians and central bankers were at odds on Wednesday on the eve of a crucial meeting of eurozone policymakers that has encouraged speculation about "unlimited firepower" for bailout funds to resolve the crisis.
The prime minister of Finland has called for European leaders to end the "panic mentality" in the financial markets that has driven Spain and Italy's borrowing costs to record highs in recent weeks.
Work is to begin in December on a two and a half-year, €25m (£19.5m) restoration of the Roman Colosseum, Italian officials said on Tuesday.