Word: prodis
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...Romano Prodi, a former visiting professor at Harvard, defeated billionaire Prime Minister Silvio Berlusconi by a close margin in this week’s Italian parliamentary elections...
...Prodi, who taught Economics 2364, a course on Italian economic development, in 1974 under the Lauro de Bosis lectureship, captured the election as his center-left party took control of Italy’s two parliamentary houses—the Chamber of Deputies and the Senate...
...Prodi declared victory when his party won the Chamber of Deputies, before the Senate results had officially come...
Alesina said that, although the election results are very tight, it is unlikely that Prodi and Berlusconi will form a coalition...
Alesina said Prodi will also face problems from within his own coalition. The Union includes extreme leftist parties that may veto some of his plans, including important reforms to make Italy’s economy less regulated, according to Alesina...