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Thanks partly to low-cost fuel, Europe is expected to show real growth of about 3.5% this year, its most vibrant performance in a decade. Several governments aim to use the opportunity to make fundamental improvements in their economies. Italy's Prime Minister, Bettino Craxi, for example, hopes to reduce the country's runaway budget deficit, which is expected to hit $50 billion this year...

Author: /time Magazine | Title: Cheap Oil! | 4/14/1986 | See Source »

...waged a campaign of letter writing and hunger strikes to secure an exit visa for Bonner, who suffers from glaucoma and heart trouble, so that she might receive medical treatment in the West. Before she left for Italy, where she consulted her ophthalmologist, then met briefly with Premier Bettino Craxi and Pope John Paul II prior to leaving for heart treatment in the U.S., Bonner explained that her three-month visa had been approved on the condition that she not talk to the press. "I have to be able to come back," she told reporters. "I know...

Author: /time Magazine | Title: East-West Brief Respite | 12/16/1985 | See Source »

...With the deft touch of political prestidigitators, Italian party leaders last week made a government crisis disappear as if it had never happened. Two weeks after Prime Minister Bettino Craxi had marched up Rome's Quirinal Hill to present his resignation to Italy's President Francesco Cossiga over his handling of the Achille Lauro hijacking, Craxi returned to reclaim his place as leader of his five-party ruling coalition. The President and the four other coalition partners decided to consider Craxi's resignation provisional, thereby allowing the same government with the same policies to continue. After an expected vote...

Author: /time Magazine | Title: Italy a Spat Between Friends | 11/11/1985 | See Source »

...even as the President basked in domestic approval, shock waves from the Achille Lauro incident rippled through a world once again shown to be vulnerable, in messy and unpredictable ways, to the instability that terrorism seeks to sow. In Italy, the coalition government of Prime Minister Bettino Craxi, a staunch U.S. ally, suddenly collapsed in an imbroglio triggered by the EgyptAir interception. In Cairo, university students poured into the crowded streets, burning American flags and chanting anti-U.S. slogans, while President Mubarak voiced his own sense of pain and humiliation over the incident. As Israeli Prime Minister Shimon Peres...

Author: /time Magazine | Title: Terrorism: The Price of Success | 10/28/1985 | See Source »

...Rome 17 hours later, carrying Abbas and another Palestinian official, Stiner hopped into a T-39 trainer jet. He took off from a taxiway without tower permission and shadowed the 737 to Rome, where he made an emergency landing. In his resignation speech last week, Prime Minister Bettino Craxi announced that Italy had filed a protest over both the T-39's landing and the pursuit of the 737 by an F-14 to within 25 miles of Rome. In any event, Abbas proved victorious in the game of cat and mouse. He soon headed for Belgrade, leaving a trail...

Author: /time Magazine | Title: Terrorism: Piecing Together the Drama | 10/28/1985 | See Source »

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