Italian Prime Minister Silvio Berlusconi faced two votes of confidence today in his country’s government. The Italian parliament in Rome conducted a vote of confidence on Berlusconi in the lower house last, and if the votes didn’t come down in his favor, he could have been forced to resign as Prime Minister. Berlusconi has escaped […]
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 Mario Monti announced Saturday that he was resigning because Berlusconi had withdrawn his parliamentary support.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 […]
His days as prime minister of Italy are coming to an end, but Silvio Berlusconi isn’t fading away quietly. On Tuesday, his fourth album of love songs will be released to the public. Titled “Il Vero Amore” (True Love), the album features 11 ballads, which are performed with the help of his long-time collaborator Mariano Apicella. […]
For two decades, Silvio Berlusconi has dominated Italian politics as the longest serving national leader in Europe. But in the last 24 hours, it seems his reign may finally be coming to an end – an idea unthinkable to many Italians who thought he would be in power for life. Berlusconi pledged to resign on […]
Interest rates on Italy’s debt have soared to dangerously high levels, as bond yields hit 7.4 percent – the level that has driven other euro zone countries to seek bailouts. In comparison, Germany’s interest rates stand at just 0.24 percent. Wednesday’s news comes just a day after Prime Minister Silvio Berlusconi pledged to step down […]