ROME — Silvio Berlusconi, who spent nearly two decades atop the world of Italian politics, resigned Saturday night after lawmakers rushed through a budget bill seen as the first step toward winning back investor confidence and preventing the collapse of the world’s eighth-largest economy.Read the rest here.
The resignation ends a political era punctuated by headlines of Berlusconi’s “bunga bunga” sex parties and a litany of colorful gaffes. Ultimately forced out of office by a debt crisis instead of personal scandal, the flamboyant billionaire’s departure appeared to be paving the way for a staid, serious economist, Mario Monti, to attempt to form an interim government here and try to pull Italy back from the brink.
is the blog of an Orthodox Christian and is published under the spiritual patronage of St. John of San Francisco. Topics likely to be discussed include matters relating to Orthodoxy as well as other religious confessions, politics, economics, social issues, current events or anything else which interests me. © 2006-2024
Here's hoping it's a new day for Italy. Or, at least a start to a long journey back from the brink of international ridicule.
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