Italy’s cost of borrowing touches a new record, approaching 7%, the day after Prime Minister Silvio Berlusconi says he will resign once budget reforms are passed.

Follow this link:
Italian debt rate closes in on 7%

Italian Prime Minister Silvio Berlusconi has vowed to resign after austerity measures are passed, the country’s president says.

Visit link:
Italy’s Berlusconi vows to resign

Italian Prime Minister Silvio Berlusconi won a budget vote on Tuesday but the tally showed he no longer has the support of the majority, raising the pressure on him to resign.

Read the original post:
Silvio Berlusconi Faces Intense New Pressure to Quit Over Debt Crisis

Italian Prime Minister Silvio Berlusconi’s key coalition partner urges him to step aside ahead of a crucial budget vote.

Read more:
Key ally urges Berlusconi to quit

The fate of the euro seemed to hinge on two tangled political cultures, as Greece negotiated a transitional government and Silvio Berlusconi’s hold on power seemed to weaken in Italy.

Originally posted here:
In Turmoil, Greece and Italy Deepen Euro Crisis

Italy’s cost of borrowing rises to a new record as Prime Minister Silvio Berlusconi faces a crucial vote.

Read the original here:
Italy borrowing rate hits record

ROME — With his nation swept up in a mounting debt crisis, Italy’s embattled Prime Minister Silvio Berlusconi was scrambling to shore up his political base ahead of a vote in Parliament later Tuesday that could expose just how much support he has lost within his ruling coalition and set the stage for a confidence vote on his government. Read full article > >

View post:
Italy’s Berlusconi faces crucial vote amid mounting debt crisis

Italian PM Silvio Berlusconi faces a crucial budget vote in parliament, as fears mount that Italy could be the next victim of the eurozone debt crisis.

View post:
Italy’s Berlusconi faces key vote

On the eve of a critical vote in Parliament, Prime Minister Silvio Berlusconi of Italy on Monday dismissed reports of his imminent resignation, calling them baseless.

See the rest here:
Berlusconi Dismisses Resignation Reports

ROME – The epicenter of Europe’s debt crisis was rapidly shifting Monday from tiny Greece to far-bigger Italy, threatening to open a dangerous new chapter in the region’s financial turmoil and plunging embattled Prime Minister Silvio Berlusconi into the deepest political crisis of his two-decade long career. Read full article > >

Read this article:
As crisis spreads to Italy, Berlusconi under pressure to resign

ROME — Italian Premier Silvio Berlusconi narrowly survived a confidence vote Friday in Parliament — the latest of dozens he has faced — but markets were not reassured that outcome was enough to solve Italy’s growing economic crisis. Berlusconi’s conservatives won 316-301 in Parliament’s lower house, and his allies clapped in relief at the result after days of political tension and uncertainty. Had he lost, the 75-year-old Berlusconi would have been forced to resign about 1 1/2 years before the end of his term in 2013, effectively ending his political career. Read full article > >

View post:
Italy’s Berlusconi wins confidence vote, markets remain unimpressed

In his narrowest escape yet, Prime Minister Silvio Berlusconi survived a confidence vote on Friday but failed to secure a solid majority, complicating his ability to pass legislation.

Read more:
Berlusconi Holds Onto Power in Italy, but Barely

Wikipedia takes its Italian pages offline in protest at Prime Minister Silvio Berlusconi’s proposed privacy law.

Read more here:
Italy protests over wiretap law

Italian newspapers publish transcripts of phone calls in which PM Silvio Berlusconi allegedly boasts of women queuing up outside his room.

Read more here:
Italy’s Berlusconi in ‘sex boast’

MILAN — Nicole Minetti, an elected representative to the state legislature of Lombardy, Italy’s largest region, showed up to work dressed for a yacht party. The 26-year-old member of Prime Minister Silvio Berlusconi’s political party complemented her glossy brown hair, high cheekbones and bee-and-maybe-Botox-stung lips with a revealing white blouse, tight skirt and heels. For all her bombshell looks, Minetti’s detractors consider her the face of all that is unattractive about Berlusconi’s Italy. They see Minetti as emblematic of a country where sex appeal and blind loyalty to Berlusconi are rewarded with government positions, where criminal accusations are shrugged off as political witch-hunts, and where visibility is an absolute value. Read full article > >

The rest is here:
Berlusconi case puts harsh spotlight on politician and celebrity Nicole Minetti