Word: silvio
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Embattled Italian Prime Minister Silvio Berlusconi resigned today after apparently wavering in the face of imminent no-confidence votes. "A weight has been taken off," the Italian media magnate said after resigning. But Berlusconi, who just yesterday dared the country's lawmakers to vote him out, is following through on threats to immediately press for a new election he hopes will return him to power. President Oscar Luigi Scalfaro's more ceremonial role in politics now becomes pivotal: he'll decide whether to grant Berlusconi's elections request -- or call on politicians to form a new parliamentary majority without...
Italian Prime Minister Silvio Berlusconi today said he would stay in office to face a no-confidence vote in parliament, rather than resign and plot a political comeback, as one of his chief aides predicted yesterday. Instead, the media magnate warned Italian lawmakers in a speech that voting this week to oust his seven-month-old coalition would turn voters against them. If he loses the no-confidence vote, Berlusconi said, he'll ask President Oscar Luigi Scalfaro to call another election to select Italy's 54th government in 49 years. The controversy revolves around a high-profile criminal inquiry...
...Italian Cabinet official said today that beleaguered Prime Minister and media magnate Silvio Berlusconi will resign Wednesday because he doesn't have the parliamentary support to survive an imminent no-confidence vote. But Deputy Prime Minister Giuseppe Tatarella said the canny Berlusconi is planning the move to clear the way for new elections, staking his future on the belief that voters will sweep him back into office and silence his critics. "The government will resign tomorrow and tomorrow begins a long election campaign," Tatarella told state television, referring to Wednesday's parliamentary session. Berlusconi led his tenuous, three-coalition Forza...
...ingredients of a full-blown political crisis were gathering last week over Prime Minister Silvio Berlusconi's fragile coalition government. But none was more threatening than the challenge directed at Berlusconi personally, the tycoon who had been swept into power earlier this year on a tide of anticorruption sentiment. Even as he was host to a U.N. conference in Naples on combatting organized crime, the Prime Minister, once dubbed Il Cavaliere, or the knight, found himself among the knaves as he was formally placed under investigation by magistrates engaged in a bribery probe of Fininvest, his business empire...
Italian magistrates told Silvio Berlusconi he is under investigation for corruption charges, even as the Prime Minister was host to an international conference in Naples on organized crime. Berlusconi allegedly authorized the payment of bribes to tax officials by officers of Fininvest, a $7 billion media-and-retail conglomerate he formerly headed and still owns. The Prime Minister denied the charges and said he would continue his six-month-old administration, but he also offered to sell part of Fininvest, something he had previously refused...