Posted on 11/12/2011 1:42:51 PM PST by Justaham
Italian Premier Silvio Berlusconi resigned Saturday after parliament's lower chamber passed European-demanded reforms, ending a 17-year political era and setting in motion a transition aimed at bringing the country back from the brink of economic crisis.
A chorus of Handel's "Alleluia," performed by a few dozen singers and classical musicians, rang out in front of the president's palace as thousands of Italians poured into downtown Rome to rejoice at the end of Berlusconi's scandal-marred reign.
Hecklers shouted "Buffoon, Buffoon!" as Berlusconi's motorcade entered and exited the presidential palace, where he tendered his resignation to President Giorgio Napolitano, the palace said in a statement.
Respected former European commissioner Mario Monti remained the top choice to try to steer the country out of its debt woes as the head of a transitional government, but Berlusconi's allies remained split over whether to support him.
Their opposition wasn't expected to scuttle Napolitano's plans to ask Monti to try to form an interim government once Berlusconi resigns, but it could make Monti's job more difficult.
Napolitano is expected to hold consultations Sunday with all of Italy's political forces before proceeding with his expected nomination of Monti. Late Saturday, Berlusconi's party said it would support Monti, albeit with conditions.
(Excerpt) Read more at msnbc.msn.com ...
Am I to assume that, now that SB is history, Italian 10-yr bond yields will dive to well below 7% now?
That USED to be true, but Bersculoni’s Forza Italia party changed all that. Politically the country has been much more stable since he formed that.
No, he has a “very active” libido. (I’m being polite here).
Democracy is not served by all this, because it allows the guilty to hide with the innocent. These constant personal attacks are so common they don't carry much weight anymore. In other words, its not that the mud doesn't stick, its just that there is so much mud around it doesn't really matter if it does.
It doesn’t improve their economic situation one jot, but that’s not why he is throwing his hand in.
Not standing up for Silvio, but the girl was 17. In Italy, she is past the age of sexual consent. In Britain, she would also be, as it is 16.
Silvio isnt a paedophile, lets reserve that for men who sleep or attempt to sleep with girls much younger. He IS a dirty old man though.
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