Italian Prime Minister Mario Monti, who took office in November 2011, announced this weekend he would resign, after Silvio Berlusconi’s party said it could no longer support Monti’s government. Berlusconi would run for a Fifth term as Prime Minister.
Just last year, Silvio Berlusconi officially submitted his resignation as Italy’s prime minister, thus ushering in the Mario Monti era in Italy. But over the weekend, it became clear that the Monti era would be a short one. Mario Monti announced Saturday that he was resigning because Berlusconi had withdrawn his parliamentary support. On top […]
Every Monday, The Takeaway looks at the big news stories from the week ahead. Republican presidential candidates head to Colorado, Minnesota and Maine this week; Colorado and Minnesota’s caucuses are tomorrow. In Washington, President Obama holds talks on the European debt crisis with Italian Prime Minister Mario Monti while Congress takes up the STOCK Act. […]
Italian Prime Minister Mario Monti is to meet Thursday with his German and French counterparts to discuss euro zone issues. On Wednesday, Germany attempted to raise â?¬6 billion in 10 year bonds, but only sold â?¬3.6 billion. Louise Cooper, markets analyst for BGC Partners in London, has the latest.