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5 Reasons Europe is Headed For a Rocky 2013

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5. Italy’s Scandal-Plagued Berlusconi Returns to Politics

EPP Summit, Dec. 2012

The delicate line politicians that seeking to solve their countries’ debt burdens must walk has been apparent in Italy. In December, the technocrat Mario Monti resigned as prime minister after the conservative Party of Freedom led by former prime minister Silvio Berlusconi withdrew its support from the coalition government.

Even with scandals involving underage prostitutes and allegations of corruption still clinging to him, Berlusconi has announced he will run again for political office. Monti has yet to indicate whether he will run against him, leading to rising uncertainty about what lies ahead for Italy, whose economy is the third-largest in the euro zone.

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96 comments

+ add your own
7:27AM PST on Feb 4, 2013

Noted..

5:09AM PST on Jan 27, 2013

Very depressing.

7:34AM PST on Jan 17, 2013

Stupid Fools ( Governments and the like ) don't know what to do in a criisis.

11:59AM PST on Jan 9, 2013

Business is failing therefore revenues are failing. Banks have been gambling with our money. THATS why WE are in trouble. The difference is our economy is improving,Europe'a isn''t.

5:46AM PST on Jan 9, 2013

Europe is in trouble because of spending! They have too many handouts to their citizens. We are on the same path!

5:11AM PST on Jan 8, 2013

ty

3:51AM PST on Jan 8, 2013

Nobody is perfect.

10:07AM PST on Jan 7, 2013

Thanks

8:55AM PST on Jan 5, 2013

hmmm

3:28PM PST on Jan 4, 2013

noted thanks

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