Silvio Berlusconi Archives - the patient investor

February 28, 2013

An Italian voter speaks out on the real reasons Italians voted for Grillo | Credit Writedowns

An Italian reader of Credit Writedowns explains:

With this [Monte Paschi] scandal people started to realize that the right (Berlusconi’s party) and the Left (Bersani’s PD) are equally corrupt and are in politics to do favours for their friends…….People voted for Grillo because they are sending a message to Bersani and Berlusconi: “go home”. They have ruined the country in the last 20 years.

Read more of this entertaining insight into Italian politics An Italian voter speaks out on the real reasons Italians voted for Grillo | Credit Writedowns.

December 9, 2012

Libération: "Return of the Mummy"

“Le Retour de la momie” — headline on the cover of left wing French newspaper Libération, heralding Silvio Berlusconi’s bid to seek re-election as Italian prime minister.

See the cover on Business Insider | French Newspaper Headline Sums Up European Reaction To Berlusconi’s Return.

November 12, 2011

Berlusconi resigns, crowds in Rome celebrate | Reuters

[Silvio] Berlusconi, who failed to secure a majority in a crucial vote on Tuesday, stepped down as prime minister after parliament passed a package of measures demanded by European partners to restore market confidence in Italy’s strained public finances.

Former European Commissioner Mario Monti is expected to be given the task of trying to form a new administration to face a widening financial crisis which has sent Italy’s borrowing costs to unmanageable levels.

via Berlusconi resigns, crowds in Rome celebrate | Reuters.