Word: tremonti
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Dates: during 2000-2009
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...center-right coalition in local elections. One partner, the Union of Christian Democrats (UDC), withdrew its ministers; another, the National Alliance (AN), threatened to do likewise. So Berlusconi quit, but quickly formed a new government by reshuffling his Cabinet. He appointed former Treasury Minister and Berlusconi loyalist Giulio Tremonti as deputy PM in place of UDC chief Marco Follini, who has distanced himself from the floundering leader. The Prime Minister had enjoyed the longest uninterrupted span in power since World War II, but his popularity has taken a hit and now he will struggle to make badly needed economic reforms...
...year of crisis. Last June, with the economy sagging, voters gave him a bloody nose in European elections - his Forza Italia party collected just 21% of the vote. Soon after, Marco Follini, the wily Christian Democratic leader, threatened to withdraw his party from Berlusconi's coalition. Economy Minister Giulio Tremonti's forced resignation in July fired the hopes of opposition leaders even more. The bluster and bravado that had helped keep Berlusconi in office for longer than any other Italian premier since World War II seemed to be wearing thin Yet six months later, the Italian leader is once again...
...attempt to revive talks about increasing cooperation and transparency. Italian Economy Minister Giulio Tremonti challenged his G-7 partners over the weekend to follow suit on his country's draft plan to crack down on tax havens. At a meeting of G-7 Finance Ministers in Florida, Tremonti unveiled details of the proposal - part of a broader regulatory reform to respond to the Parmalat scandal - that requires Italian companies to be far more transparent about offshore holdings, including the way they are accounted for (or not) on the books. In the U.S., John Kerry, the front runner in the race...
...Giulio Tremonti, Italian Economics Minister, making the case for a €1 bill
...approximately 6% of jobs. The long slide of world stock markets is taking its toll on profitability and forcing bankers to work particularly hard to calm their well-heeled clients. Swiss banks have also borne the brunt of a successful tax amnesty mounted earlier this year by Giulio Tremonti, Italy?s Finance Minister. Italians repatriated assets valued at j52 billion, paying a symbolic 2.5% fine in exchange for immunity. Much of the total was pulled out of Switzerland; j10.6 billion came from just one Swiss bank, UBS (although the bank says almost half of that money was moved to branches...