Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist

Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist
Showing posts with label Bus Econ sovereign debt. Show all posts
Showing posts with label Bus Econ sovereign debt. Show all posts

Thursday, November 10, 2011

New York Times: Silvio Berlusconi

New York Times: Silvio Berlusconi


Updated: Nov. 7, 2011

Silvio Berlusconi has dominated Italian political life since he was first elected prime minister in 1994, just as his television empire Mediaset has helped shape the country’s imagination over a generation. He is now in his third term, although the terms were not consecutive.

In the fall of 2011, there was a widespread belief in Italy that the Berlusconi era was coming to an end. Markets sent the cost of the government’s bonds to their highest level since the introduction of the euro, as fears rose that Italy would become the next — and by far the biggest — casualty of theEuropean sovereign debt crisis.
Mr. Berlusconi promised deep budget cuts and sweeping reforms. But weakened by a series of legal cases and sex scandals, along with the defections of some key allies, Mr. Berlusconi seemed unable to deliver more than a fraction of this deeply unpopular agenda.

Facing ridicule from other European leaders, in November he was forced to take the humiliating step of “inviting’' the International Monetary Fund to look over Italy’s shoulder to ensure that it carries out reforms.
In the eyes of many political observers, Mr. Berlusconi’s government was surviving only because his rivals had not yet concluded that they would be better off with him out of power. He faced a pivotal vote of confidence on Nov. 8.

Background

Mr. Berlusconi first came to power after a huge bribery scandal brought down the established political order, in which the Christian Democrats, Socialists and Communists for decades presided over a jobs-for-votes system that helped build up the public sector. He served a year.... http://topics.nytimes.com/top/reference/timestopics/people/b/silvio_berlusconi/index.html?inline=nyt-per


Highlights From the Archives

Prime Minister’s Escapades Finally Raise Eyebrows
Prime Minister’s Escapades Finally Raise Eyebrows
The debate over Silvio Berlusconi is not just about sex, but critics say, reflects an inattention to Italy’s deep problems.
May 29, 2009WORLDNEWS

Articles

Newest First | Oldest First
Page: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | Next >>
Berlusconi Dismisses Resignation Reports
Berlusconi Dismisses Resignation Reports
On the eve of a critical parliamentary vote, the Italian prime minister called reports of his imminent resignation baseless.
November 7, 2011
MORE ON SILVIO BERLUSCONI AND: EUROPEAN SOVEREIGN DEBT CRISIS (2010- )ITALY
    Greece and Italy Sink Under Turmoil as Euro Crisis Widens
    Greece and Italy Sink Under Turmoil as Euro Crisis Widens
    The prospect of a new transitional government in Greece and signs that Silvio Berlusconi’s hold on power in Italy was weakening did little to reassure investors.
    November 7, 2011
      Italy Agrees to Allow I.M.F. to Monitor Its Progress on Debt
      Acceding to pressure from European leaders, Italy will allow the International Monetary Fund to look over Rome’s shoulder to ensure it is carrying out a $75 billion dollar austerity package.
      November 4, 2011
        The European Debt Crisis and the G-20 Summit Meeting
        Is this week's summit meeting of leaders of the Group of 20 likely to stabilize the world economy? No, an economist writes.
        November 03, 2011
          Italy Strains to Resist the Tug of the Debt Whirlpool
          Italy Strains to Resist the Tug of the Debt Whirlpool
          Italy’s cabinet said it would seek parliamentary approval for “urgent measures” to prevent the country from being dragged deeper into the widening European debt crisis.
          November 2, 2011
            The Spotlight Now Shines on Italy - Common Sense
            The Spotlight Now Shines on Italy - Common Sense
            It is up to Silvio Berlusconi to keep Italy from becoming another Greece and plunging the world into an even more devastating financial crisis.
            October 29, 2011
            MORE ON SILVIO BERLUSCONI AND: EUROPEAN SOVEREIGN DEBT CRISIS (2010- )ITALY
              Calling Bankers’ Bluff, Merkel Won Europe a Debt Plan
              Calling Bankers’ Bluff, Merkel Won Europe a Debt Plan
              In the end, it was Chancellor Angela Merkel of Germany and President Nicolas Sarkozy of France against the European banking establishment — and the bankers blinked.
              October 28, 2011
                For Italy, Berlusconi Is a Problem but Also a Solution
                For Italy, Berlusconi Is a Problem but Also a Solution
                Prime Minister Silvio Berlusconi has promised fellow European leaders wide-ranging changes to get Italy’s economy back on track, but it is not clear that he has the political clout to enact them.
                October 28, 2011
                  German Lawmakers Back Merkel on Euro Rescue Measures
                  German Lawmakers Back Merkel on Euro Rescue Measures
                  The Bundestag authorized the German chancellor to negotiate measures including an expansion of the powers of the euro area rescue fund and measures designed to reduce bank risk.
                  October 27, 2011
                    Europe Agrees to Basics of Plan to Resolve Euro Crisis
                    Europe Agrees to Basics of Plan to Resolve Euro Crisis
                    European leaders made significant progress in resolving the euro zone financial crisis, obtaining an agreement from banks to take a 50 percent loss on the value of their Greek debt.
                    October 27, 2011
                      Europe Faces New Hurdles in Debt Crisis
                      Europe Faces New Hurdles in Debt Crisis
                      On the eve of a European Union summit meeting, crucial financial measures were still unresolved.
                      October 26, 2011
                        Italian Cabinet Meeting Called Under Pressure Yields Silence
                        Italian Cabinet Meeting Called Under Pressure Yields Silence
                        Prodded by fellow European leaders for his inaction on Italy’s fiscal problems, the prime minister produced what appeared to be more inaction.
                        October 25, 2011
                          New Unease for Europe’s Rescue Plan
                          Fears are growing that the latest rescue will be another minimal step that falls short of a solution.
                          October 25, 2011
                            Leaders Say Progress Made in Dealing With Euro Crisis
                            Leaders hope the seriousness of their effort to solve the problems of Greek debt, weak banks and a bailout fund in need of reinforcement will ease the markets on Monday.
                            October 24, 2011
                              Berlusconi Chooses Ignazio Visco to Head Bank of Italy
                              Berlusconi Chooses Ignazio Visco to Head Bank of Italy
                              Ignazio Visco, currently the No. 3 official at the bank, was nominated to replace Mario Draghi as bank governor, just days before Mr. Draghi is to take over as president of the European Central Bank.
                              October 21, 2011

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                              Douglas A. McIntyre – 247WallSt.com: Financial Gap Between Germany and France Widens

                              Financial Gap Between Germany and France Widens

                              Douglas A. McIntyre

                              Posted: November 7, 2011


                              Yet, to make matters worse, you can now add France to the growing “list of countries with troubled financial situations.” …

                              Germany and France are the twin towers built to support Europe’s dwindling financial strength. That has changed rapidly, and Germany is left to stand alone. That will alter the balance of power in the eurozone. It also will put one more nation in the region — France — on the list of countries with troubled financial situations. Read more: http://247wallst.com/2011/11/07/financial-gap-between-germany-and-france-widens/?utm_source=247WallStDailyNewsletter&utm_medium=email&utm_content=NOV072011A&utm_campaign=DailyNewsletter

                              For More: November 9, 2011 The Long-Term Fear Factor Kevin E. Dayhoff
                              Recently the political turmoil in Italy and Greece, France’s increasing financial troubles, and the lack of leadership in Europe and the United States, are slowly edging the planet from an economic crisis to a long-term fear factor… http://www.thetentacle.com/ShowArticle.cfm?mydocid=4735




                              Douglas A. McIntyre – 247WallSt.com: Financial Gap Between Germany and France Widens





                              Read more: Financial Gap Between Germany and France Widens - 24/7 Wall St. http://247wallst.com/2011/11/07/financial-gap-between-germany-and-france-widens/#ixzz1dL7Hj77I


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