Egan-Jones Ratings Company downgrades Italy to CCC+ from B+, saying the country has a one-year default probability of 22%.
Three firefighters are killed while two others and a policeman are injured after an explosion at an abandoned farm building in Quargnento, Piedmont, Italy. The explosion was caused by two bombs placed in the building.
Italian rock singer Vasco Rossi broke the world record of biggest ticketed concert with 220,000 paying guests hosted at Enzo Ferrari Park in Modena, Italy. (Previous record belonged to a-Ha with 198,000 paying guests, set in 1991 in Rio de Janeiro, Brazil)
The government of Austria passes a new law that restricts the right of asylum in the country and allows claimants to be rejected directly at the border, a move criticized by rights groups. Officials say they are also considering building a fence at the main border crossing with Italy at the Brenner Pass.
Fitch Ratings lowers France's rating outlook while maintaining a AAA rating and puts the grades of six nations including Spain and Italy on review due to Europe's failure to find a solution to the debt problem.