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Posts related to ‘Silvio Berlusconi’

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Italy: What Happens When Austerity Takes a Holiday?

Candidate Pier Luigi Bersani won enough votes in the Italian election to control a part of parliament. Aged and oft-elected prime minister Silvio Berlusconi took defacto control of the senate. ...
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Support Grows for Mario Monti

Mario Monti, who recently resigned his post as the prime minister of Italy, may be back again. For proponents of the current austerity plans, his return would be good news. ...
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New Turmoil in Italy Adds to Europe’s Woes

The very modest hope that government actions in Italy might stabilize its economy probably has come to an end. Italian Prime Minister Mario Monti has announced his resignation, which leaves ...
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Italy’s 38 Prime Ministers

Italy’s government is inherently unstable. 'The nation has elected prime ministers 38 times since World War II. Several men have served more than once. Silvio Berlusconi, about to depart, has held the ...
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Italy: Austerity on Top of Austerity

Italy appears to have admitted that its recent austerity plans fail to go far enough to bring down its deficit to levels that would be acceptable to the European Central ...
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Moody’s May Downgrade Spain, The European Picture Darkens

Moody's may take away Spain's Aa1 sovereign debt rating. The agency gave its reasons: (1) Spain's vulnerability to funding stress given its high refinancing needs in 2011. This vulnerability has ...
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