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Berlusconi going, going, gone?

vivatifosi
vivatifosi Posts: 18,746 Forumite
Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
in Debate House Prices & the Economy
Per Reuters:

Italian Prime Minister Silvio Berlusconi has told President Giorgio Napolitano that he will resign after the new budget law currently making its way through parliament is approved, the head of state's office said in a statement on Tuesday.

http://www.reuters.com/article/2011/11/08/us-italy-idUSTRE7A72NG20111108
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Comments

  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Thats 3 heads of state commiting harakiri to save the Euro.
  • harryhound
    harryhound Posts: 2,662 Forumite
    As I posted last night :

    The spotlight is now turning onto Italy.
    Mr Berlusconi will never resign , because if he does he will find himself in jail?
    http://www.google.co.uk/search?hl=en...og&sa=N&tab=wi

    We will see:D
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    lvader wrote: »
    Thats 3 heads of state commiting harakiri to save the Euro.
    And Sarkozy is on the way out. But Merkel will have to go before the euro can be saved.
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Despite the appearances Berlusconi is still quite popular in Italy, I wouldn't put it past him to win a new election. :D
  • drc
    drc Posts: 2,057 Forumite
    lvader wrote: »
    Despite the appearances Berlusconi is still quite popular in Italy, I wouldn't put it past him to win a new election. :D

    Well, the Eurozone currently looks like one big bunga bunga party.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    drc wrote: »
    Well, the Eurozone currently looks like one big bunga bunga party.

    You mean it's screwed...?
  • ChiefGrasscutter
    ChiefGrasscutter Posts: 2,112 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I was looking forward to the new Italian currency....the Bungalira
  • Joe_Bloggs
    Joe_Bloggs Posts: 4,535 Forumite
    It would not surprise me if Berlusconi acquires some kind of prosecution immunity and resurrects himself as an X-factor judge.
    J_B.
  • Mrs_Bones
    Mrs_Bones Posts: 15,524 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    lvader wrote: »
    Thats 3 heads of state commiting harakiri to save the Euro.
    pqrdef wrote: »
    And Sarkozy is on the way out. But Merkel will have to go before the euro can be saved.

    Do you think it can be saved?

    Neither Sarkozy or Merkel look likely to win their next elections, but just removing them won't solve the underlying problems of the Euro.
    lvader wrote: »
    Despite the appearances Berlusconi is still quite popular in Italy, I wouldn't put it past him to win a new election. :D

    No I wouldn't be at all surprise at him standing again for election and winning.
    [FONT=&quot]“I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” ~ Maya Angelou[/FONT][FONT=&quot][/FONT]
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    lvader wrote: »
    Thats 3 heads of state commiting harakiri to save the Euro.

    Europe requires fresh blood to effect the necessary change.

    Seems as if the Chinese will extract a high price for any support. As Euro doesn't appear to have the financial firepower to resolve the problems internally.
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