Sunday, July 13, 2014





Italy's Berlusconi puts pressure on new PM Monti


February 19. 2013 9:01PM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


7c16fbe481c446458aa674ab1936f9f8.jpg



(AP) Although Italy's Silvio Berlusconi resigned in disgrace a year ago, has been convicted of tax fraud and now faces plunging poll numbers, the media baron is showing he still has the power to put pressure on his successor, Premier Mario Monti.


With Europe still deep in its debt crisis, it doesn't take much to make the markets nervous. That's what happened Thursday when the 76-year-old Berlusconi withdrew his party's support for Monti's government, threatening a premature end to its ambitious reform program.


Economists for Unicredit, Italy's largest bank, say the decision was significant and tends to confirm that the next few months will be bumpy for Monti, with the possibility now looming of an early election before the expected date in March.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds