Word: prodis
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...billion. Some of Berlusconi's coalition partners suggested that the sale, which reduced the Prime Minister's share in Mediaset to 34.3% from 50.9%, should mute long-standing accusations that his combination of media and political power constitutes a conflict of interest. Opposition leaders, including former Prime Minister Romano Prodi, were quick to note that the media group remained under Berlusconi's control. (The Berlusconi family retains majority voting rights in Mediaset, even with a minority ownership share, a common arrangement in family-dominated media companies.) The move may have been largely business-motivated; Fabrizio Perretti, a professor at Bocconi...
...rush in to take the credit. Now, with the expansion of the E.U. making consensus even harder to achieve, the job is becoming more thankless than ever. That was spectacularly clear at the June 17 summit, when the Union's leaders failed to agree on the successor to Romano Prodi, whose term ends in October. As Time went to press, the national leaders appeared close to agreement on a compromise candidate, the mild-mannered Portuguese Prime Minister José Manuel Dur?o Barroso, 48. Barroso's support for the war in Iraq meant he had to overcome the reservations...
...Fianna Fáil tumbled to its worst showing in 80 years, marring the government's six-month term as E.U. President Italy Small parties left and right gained; those in PM Silvio Berlusconi's coalition government instantly demanded more power Berlusconi's Forza Italia slipped, but rival Romano Prodi's center-left coalition disappointed, too Netherlands Antiwar, pro-reform voters boosted the opposition left and whistle-blower Paul van Buitenen's Transparent Europe bloc PM Jan-Peter Balkenende's center-right coalition suffered for supporting the Iraq war, losing five seats Poland Low turnout handed victory to right-wingers...
...making. But with 25 states inside the tent, it will be harder than ever for any one or two countries to run the show. In fact, this summit proved how far from unity the E.U. remains. Leaders couldn't agree on a new European Commission President to replace Romano Prodi, whose term ends in October. Blair and the heads of at least six other countries shot down the candidacy of their Belgian counterpart, Guy Verhofstadt, an outspoken opponent of the war in Iraq and an ardent European federalist. They may still break this logjam in the next few weeks. Meanwhile...
...Europeans that while police and intelligence cooperation across the Atlantic (and across the Mediterranean, with Arab security services) has been highly effective in eliminating al-Qaeda cells, the U.S. invasion of Iraq has been not only ineffective, but actually counterproductive in the fight against terrorism. European Commission chief Romano Prodi argues that the use of military force as a prime weapon in the fight against terrorism is not working: "Terrorism is now more powerful than ever before," he says. And most European leaders believe the al-Qaeda phenomenon will not be defeated until the anti-U.S. grievances...