Silvio Berlusconi
News
The Goldman Sachs Conquest of Europe.
The euro zone financial crisis has seen its share of historical events but none more telling than the recent ascension of Mario Monti to the Italian Prime Minister’s chair. With the removal of Berlusconi and the rise of a government of technocrats determined to right Italy’s financial ship of state, yet another European nation’s leadership […]
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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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France’s Austerity Measures Strictest Since World War II.
- November 10, 2011
- Austerity
- Contagion
- euro zone financial crisis
- European Central Bank
- European Monetary Union
- France
- Giuseppe Ragusa
- gold Standard
- Greece
- Italian Bond yields
- Italy
- Joachim Fels
- José Manuel González-Páramo
- Luiss Guido Carli University
- Morgan Stanley
- Nicolas Sarkozy
- Pierre Laval
- Silvio Berlusconi
- Sovereign Debt
To avoid the spread of contagion as well as deflect any potential fallout from the bubbling kettle that is the Italian economy, France has taken moves to pass austerity measures which are some of the most stringent the country has seen since the end of World War II. The new package includes cuts of 112 […]
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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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Italian Bonds Nearing 7%, Calls for Berlusconi to Step Down Increase.
Italian bonds edged dangerously closer to the 7% threshold at which investors have determined Italy will have severe difficulties refinancing its debt or even paying it back in a timely fashion. The spread of panic from Greece to Italy seems to be controlled thus far but if Italian bond yields reach the 7% mark the […]
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Italy’s Sovereign Debt Rating Cut by S&P, Calls for Berlusconi to Resign.
Not that this is shocking news to anyone who has been following the story of Italy’s sovereign debt crisis, but always reliable US firm Standard and Poor’s has cut Italy’s debt rating on fears that its economy will slow, thus hampering its ability to effectively repay its debts. The cut is from A+ to A. […]
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