Italy

Italian parliament passes reforms, Berlusconi set to resign

Italian prime minister Silvio Berlusconi is expected to resign in the next few hours. Italy’s parliament has passed a series of austerity measures that pave the way for Berlusconi to step down, 17 years after he took up the first of his three periods in power.

Berlusconi scheduled a final cabinet meeting for this evening and is believed to have been planning to tender his resignation to president Giorgio Napolitano within hours of that meeting. It’s possible that Berlusconi is resigning at this very moment, and confirmation is expected this evening.

Berlusconi has had a controversial but ultimately successful political career that might have lasted many more years were it not for Italy’s crumbling economy. It’s expected that Mario Monti will replace Berlusconi, at least for now, as Italy pushes to avoid falling into a Greek-style economic disaster.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: