Berlusconi keeps control in Italy at political cost
Article Abstract:
Prime Minister Silvio Berlusconi of Italy has had four ministers in his cabinet resign but has prevented his center-right coalition government from facing elections. The Berlusconi government has provided stability in longevity but has not been able to translate this stability into increased economic growth. Deficit for Italy is forecast by the European Commission at 3.6 percent of gross domestic product for this year and 4.6 percent for next year, above the European Union regulation of three percent.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Berlusconi quits, will try to form new government
Article Abstract:
Prime Minister Silvio Berlusconi of Italy has resigned his post and hopes to reform the government with a new set of policies renewing trust from his coalition partners and the electorate. Poor economic growth that has increased deficit spending has left the electorate disenchanted. The economy of Italy is forecast to grow only 1.2 percent in 2005.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
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