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Italian Prime Minister Matteo Renzi Asked to Stay On After Budget Defeat
A new government to form in the wake of Prime Minister Renzi’s resignation What Happens After Italy’s Matteo Renzi Quits? from Wall Street Journal Embattled Prime Minister Matteo Renzi was asked to remain in office until a budget is passed by parliament. Prime Minister Renzi submitted his resignation after the defeat of a much-publicized pleibiscite […]
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Mario Monti Called Upon by Italian President Giorgio Napolitano to Form a Government.
Italian President Giorgio Napolitano has called upon popular technocrat and Senator for life Mario Monti to form a government to tackle Italy’s growing sovereign debt crisis. Berlusconi’s party, the People of Liberty, promised to only cooperate for as long as it takes to pass through the necessary measures to reduce Italy’s $2.6 trillion public debt. […]
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Italian Prime Minister Silvio Berlusconi’s 17 Years Are Over.
Silvio Berlusconi’s resignation was accepted by Italian President Giorgio Napolitano and it is likely that Mario Monti will succeed him. Berlusconi follows former Greek Prime Minister George Papandreou as the latest casualty of the euro zone financial crisis. Berlusconi was unable to pass key financial austerity measures earlier this week, signaling a loss of a […]
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Italian Prime Minister Silvio Berlusconi Offers Resignation in Return for Euro Reforms.
Italian Prime Minister Silvio Berlusconi may be the latest domino to fall in the toppling of governments that has followed the spread of the euro zone financial crisis that has already claimed Greek Prime Minister George Papandreou’s government. In exchange for his resignation, Berlusconi wants the Italian parliament to pass the austerity measures requested by […]
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