Silvio Berlusconi

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Berlusconi Could Be Out Tomorrow Night

Italian Senate Passes Economic Reform Bill

(Newser) - Italy's Senate approved crucial economic reforms demanded by the European Union today, the first step in paving the way for Silvio Berlusconi to resign as early as this weekend and a transitional government to be formed. The 156-12 vote took place after respected economist Mario Monti—widely expected to...

Spooked by Italy, Dow Falls 228
 Spooked by Italy, Dow Falls 228 
MARKETS
Nov 9, 2011 8:56 AM CST

Spooked by Italy, Dow Falls 228

Dow below 12K

(Newser) - Silvio Berlusconi's promises to resign haven't done much to calm European markets —or Wall Street. The Dow opened sharply lower today on the news that Italian bond yields spiked above 7%, the level that caused Greece, Portugal, and Ireland to seek bailouts; Italy's debt, however, is...

Berlusconi: No Really, I Won&#39;t Run Again
 Berlusconi: 
 No Really, 
 I Won't 
 Run Again 
MARKETS ROILING
Nov 9, 2011 7:21 AM CST

Berlusconi: No Really, I Won't Run Again

But resignation pledge doesn't help markets

(Newser) - Silvio Berlusconi continued his long goodbye today, promising not to run in Italy’s next elections, and even going so far as to endorse an ally, Angelino Alfano, as his successor. But both the Washington Post and the New York Times compare the prime minister to Houdini, noting that some...

Silvio Berlusconi Will Resign as Italy's Prime Minister After the 2012 Budget Is Approved
 Italy's Berlusconi Will Resign 
Nov 8, 2011 1:15 PM CST

Italy's Berlusconi Will Resign

He will step down after 2012 budget is approved

(Newser) - Silvio Berlusconi promised today to resign after parliament passes economic reforms demanded by the European Union—which could happen as soon as next week—capping a two-decade political career that has ended with Italy on the brink of being swept into Europe's debt crisis. Italian President Giorgio Napolitano met...

Berlusconi Wins Vote, Loses Majority

He wins just 308 of 630 votes

(Newser) - Silvio Berlusconi was holding on for dear life in advance of today's critical budget vote, and now it looks as if he's hanging by a quickly fraying thread. The Italian PM won the much-watched vote in Parliament, but lost his majority. He won just 308 of 630 possible...

Top Berlusconi Ally Asks Him to Step Down

Italian prime minister holding on for dear life ahead of budget vote

(Newser) - The calls for Silvio Berlusconi’s head reached a fever pitch today, when Umberto Bossi, Berlusconi’s closest coalition ally, joined the chorus. “We asked the prime minister to stand down,” Bossi told reporters, in what Reuters thinks could be the decisive blow. Berlusconi faces a critical budget...

Silvio Berlusconi May Resign Today: Sources


 Will Berlusconi 
 Resign Today? 
rumors swirl
Nov 7, 2011 6:29 AM CST

Will Berlusconi Resign Today?

Debt crisis throws majority into disarray

(Newser) - After barely surviving a confidence vote last month, Silvio Berlusconi may be poised to step down as Italy’s prime minister as soon as today, at least according to two journalists. "That Silvio Berlusconi is about to resign is clear. It is a question of hours, some say of...

Berlusconi Narrowly Survives Confidence Vote

Thin margin of success leaves questions about effectiveness

(Newser) - Silvio Berlusconi squeaked through a confidence vote in the Italian parliament today, but the agonizingly close 316-301 vote didn’t exactly inspire, well, confidence. Berlusconi’s majority is so slim that it effectively cannot pass legislation, the New York Times reports, and analysts say that the slightest bump in the...

Berlusconi Secretary: Let's Drug Test Stock Traders

...because cocaine may be behind turmoil

(Newser) - Are stock brokers trading under the influence? Carlo Giovanardi seems to think so. Giovanardi, an undersecretary to Italian PM Silvio Berlusconi, intends to contact regulators and industry groups about a plan to drug test stockbrokers, lest families entrust their savings to someone “not capable of making decisions,” he...

Wikipedia Italy Shuts to Protest Press Curbs

'Idiotic' law would require websites to publish corrections after any complaint

(Newser) - Wikipedia shut down its Italian-language version for two days this week to protest a law widely seen as an attempt to spare Silvio Berlusconi embarrassment by muzzling the press and online criticism. The law, currently being debated in Italy's parliament, would require websites to publish a correction within 48...

Berlusconi: Let's Rename Our Party 'Go Pussy!'

It was a joke, but he really does want to rename party

(Newser) - Silvio Berlusconi thinks he has a branding problem. He wants to rename his People of Freedom party “because people no longer carry it in their hearts,” he told lawmakers from his coalition according to the AFP . He said they’d consider “any suggestions,” but then as...

Berlusconi Brags of 8 Women in a Night

And complains he did not have energy for 3 more women waiting for him

(Newser) - Silvio Berlusconi, who should probably be worried about rescuing Italy from financial ruin, has been caught boasting on tape of having sex with eight women in one night—and lamenting that he did not have the energy to get around to three more who were waiting for him, reports...

8 Charged With Supplying Berlusconi Hookers

Wiretap dishes yet more dirt on Italian PM

(Newser) - Pimps, prostitutes, wiretaps, and blackmail: It's another week for the Berlusconi administration. Italian prosecutors have charged eight people with supplying prostitutes for sex parties at the prime minister's residence, reports the BBC . The ring was allegedly run by businessman Giampaolo Tarantini, who is already behind bars on charges...

Silvio Berlusconi Has Some Really Nasty Things to Say About Angela Merkel
 Berlusconi: Merkel 'Unf***able' 
Sep 15, 2011 6:56 AM CDT

Berlusconi: Merkel 'Unf***able'

Italian PM recorded dissing German chancellor in phone call

(Newser) - Maybe Silvio Berlusconi mistook Angela Merkel for a lady on the prowl instead of the leader of one of the globe's more stable economies: The cringe-inducing Italian PM's latest involves a phone conversation—with a newspaper editor, not a fraternity brother—in which he reportedly refers to the...

Businessman Blackmailed Berlusconi: Cops

Italian PM ready to leave his 'shitty' country

(Newser) - The “bunga bunga” fallout continues: Police nabbed an Italian businessman for allegedly blackmailing Silvio Berlusconi in the sex scandal that’s clouded his tenure as prime minister. Giampaolo Tarantini has acknowledged recruiting women for Berlusconi’s alleged sex parties, but he’s maintained that the PM didn’t know...

Next Up: Italy's Cratering Economy

Spreads on 10-year bonds between Germany, Italy hit 14-year high

(Newser) - With the US debt ceiling crisis finally sort of resolved, the markets are turning their attentions to Europe, and they don't like what they see, reports Reuters . Italy is being hit especially hard, with the yield gap between Italian and relatively stable German 10-year bonds reaching 3.7 percentage...

Berlusconi Tries to Ease Fears of Italian Default

Administration pushing through $56B in cuts

(Newser) - Silvio Berlusconi’s government is trying to fast-track a $56 billion austerity package in a bid to allay fears that Italy is about to join Europe’s debt crisis . “For us, for Italy, this is certainly not an easy moment,” the prime minister said in a statement. “...

Berlusconi: I'm 'Absolutely Not' Running Again

Italian premier confirms he won't seek re-election

(Newser) - Italian Premier Silvio Berlusconi has repeated his intention not to seek re-election when his term ends in 2013 and suggested it may be time for his chief ally, Umberto Bossi of the Northern League, to step aside, too. Berlusconi said "absolutely not" when asked in an interview in La ...

Berlusconi Wins Confidence Vote

But faces unrest in his coalition over poll losses, Libya

(Newser) - Silvio Berlusconi won a confidence vote today, his first test in parliament following two recent stinging electoral defeats and demands by his key coalition partner for an end to Italy's involvement in the Libya military campaign. Berlusconi's forces won a vote on a development law 317-293 in the...

Italy to Resurrect Nuclear Power?

Country votes on whether it should shelve plans indefinitely

(Newser) - Italians have entered day two of voting on a number of referenda, one of which could determine the future of nuclear power in the country. Among the key points of the vote: whether to put plans to restart Italy's nuclear-power program on hold indefinitely, and whether to scrap a...

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