kaitak
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Berlusconi To Resign!

Tue Nov 08, 2011 7:19 pm

Just announced on the Beeb:

http://www.bbc.co.uk/news/world-europe-15646536

He will go after major financial reforms have been approved.

More to follow.

Thoughts?

Word is that former EU Commissioner Mario Monti will take over as PM, but that's only speculation.

It will be interesting to see how the markets react to this.
 
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Revelation
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RE: Berlusconi To Resign!

Tue Nov 08, 2011 7:40 pm

Quoting kaitak (Thread starter):
He will go after major financial reforms have been approved.

Meaning he will be there forever?

Quoting kaitak (Thread starter):
Thoughts?

Cynicism. See above.

Quoting kaitak (Thread starter):
It will be interesting to see how the markets react to this.

The beeb said:

Quote:
The euro rose sharply against the dollar following the news of Mr Berlusconi's decision.
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ozglobal
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RE: Berlusconi To Resign!

Tue Nov 08, 2011 8:13 pm

I will give him 100 euros of my own to go!
When all's said and done, there'll be more said than done.
 
connies4ever
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RE: Berlusconi To Resign!

Tue Nov 08, 2011 8:45 pm

Personally, I think he's resigning because he's been told the bunga bunga party of all bunga bunga parties will follow the resignation. Silvio was never one to turn down young, new you-know-what. Just ask them.

http://www.businessinsider.com/berlusconi-bunga-bunga-photos-2011-11
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Derico
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RE: Berlusconi To Resign!

Tue Nov 08, 2011 10:04 pm

Quoting kaitak (Thread starter):
He will go after major financial reforms have been approved.

Are you implying that he is willing to step down if they pass the austerity measures that would otherwise languish in the legislature if he stayed?

If I am interpreting that correctly, it sounds like quite the selfless act. I would be trully shocked if I see this, from any politician let alone him...
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extspotter
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RE: Berlusconi To Resign!

Tue Nov 08, 2011 10:39 pm

I am sure this won't come to fruition, Silvio enjoys lingering like a bad smell and unless he keels over tomorrow he'll be in power forever.
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janmnastami
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RE: Berlusconi To Resign!

Wed Nov 09, 2011 7:32 pm

Quoting kaitak (Thread starter):
Word is that former EU Commissioner Mario Monti will take over as PM, but that's only speculation.


Mario Monti has just been appointed as senator for life by the President of the Republic.
 
MD11Engineer
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RE: Berlusconi To Resign!

Wed Nov 09, 2011 7:37 pm

Quoting Derico (Reply 4):
If I am interpreting that correctly, it sounds like quite the selfless act. I would be trully shocked if I see this, from any politician let alone him...

Especially if he loses all immunity and becomes fair game for criminal investigations into his various shady deals.

Jan
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scbriml
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RE: Berlusconi To Resign!

Wed Nov 09, 2011 8:51 pm

File this under "I'll believe it when I see it".
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Aesma
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RE: Berlusconi To Resign!

Wed Nov 09, 2011 9:16 pm

Quoting scbriml (Reply 8):
File this under "I'll believe it when I see it".

Exactly what I was going to say, and what a lot of Italian papers are saying. But in a way, I don't want him to resign, I want him to lose elections with a miserable result !
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ozglobal
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RE: Berlusconi To Resign!

Wed Nov 09, 2011 9:28 pm

Quoting ozglobal (Reply 2):

I will give him 100 euros of my own to go!

I'm now ready to go for abduction and the ceasing of assets. Anyone join me?
When all's said and done, there'll be more said than done.
 
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RayChuang
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RE: Berlusconi To Resign!

Thu Nov 10, 2011 1:08 am

I think it's likely that Berlusconi could step down as early as tomorrow. Nobody wants him around, more or less.
 
thegreatRDU
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RE: Berlusconi To Resign!

Thu Nov 10, 2011 1:14 am

The markets are rattled....the question is when the new government comes in will they make the changes necessary? Same question in Greece...it's tough when the people are now so dependent on government...

Berlusconi is resigning because he doesn't have the spine to fix Italy's financial woes...
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MD11Engineer
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RE: Berlusconi To Resign!

Thu Nov 10, 2011 1:24 am

Quoting thegreatRDU (Reply 12):
Berlusconi is resigning because he doesn't have the spine to fix Italy's financial woes...

He is too deep in the brown stuff himself, with all the accusations of tax dodging leveled against him. He tried to change laws, so that he would get immunity for illegal practices within his own business conglomerate, but it is also known that he is well connected with organised crime.

Jan
Je Suis Charlie et je suis Ahmet aussi
 
thegreatRDU
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RE: Berlusconi To Resign!

Thu Nov 10, 2011 1:26 am

Quoting MD11Engineer (Reply 13):

He is too deep in the brown stuff himself, with all the accusations of tax dodging leveled against him. He tried to change laws, so that he would get immunity for illegal practices within his own business conglomerate, but it is also known that he is well connected with organised crime.

Yeah but that's been going on forever though...
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