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Topic - Mario Monti
Italy's crucial elections appeared to be heading toward gridlock, initial results showed Monday, with the center-left forces of Pier Luigi Bersani moving ahead in the lower house of parliament and the camp of former premier Silvio Berlusconi gaining the upper hand in the equally powerful Senate.
Will Italy stay the course with painful economic reform? Or fall back into the old habit of profligacy and inertia? These are the stakes as Italians vote in a watershed parliamentary election Sunday and Monday that could shape the future of one of Europe's biggest economies.
Italians vote this weekend, and responsible citizens will find nothing much on the menu. As in America, the likely preference will continue stumbling down the tax-and-spend path that has crippled economies on both sides of the Atlantic.
Italian Premier Mario Monti has announced he is heading a new campaign coalition made of up centrists, businessmen and pro-Vatican forces, paving the way for his possible return to office if it wins enough seats in February parliamentary elections.
For someone not running for political office, Premier Mario Monti has an awfully detailed plan for how to fix Italy's financial woes and bring the country and the rest of Europe back to economic health. And by Monday, not only had centrist leaders who want him as premier endorsed it, but so did the head of the Catholic Church in Italy.
Caretaker Prime Minister Mario Monti said Sunday he won't run in February elections, but if political parties that back his anti-crisis agenda ask him to head the next government, he would consider the offer.
Silvio Berlusconi says he's running to be premier again — for the good of Italy.
Although Italy's Silvio Berlusconi resigned in disgrace a year ago, has since been convicted of tax fraud and now faces plunging poll numbers, the media baron is showing he still has the power to put pressure on his successor, Premier Mario Monti.
Former President Nicolas Sarkozy's conservative party held emergency meetings Sunday to try to figure out who's in charge, after a disputed election for its new leader that could reshape French politics.
Stamping out entrenched tax evasion is crucial to Premier Mario Monti's quest to keep Italy from succumbing to the European debt crisis, and it is critical to fellow eurozone members in more dire straits, such as Greece and Spain — which are also notorious for making cheating the taxman a way of life.
France's Socialist government hit big business and the rich with tax hikes Wednesday to ensure the country meets its 2017 balanced budget target as eurozone growth lags and Italy struggles.
The leaders of Germany, France, Italy and Spain gathered in Rome on Friday to seek agreement on ways to pull Europe out of its crippling debt crisis.
Premier Mario Monti suggested Tuesday that Italian soccer be suspended for two to three years after the latest match-fixing scandal rocked the national team and again tarnished the sport's image in the country just a week before the European Championship.
A magnitude 5.8 earthquake struck northern Italy on Tuesday, killing at least 15 people and injuring more than 200 as factories, warehouses and a church collapsed in the same region still struggling to recover from another deadly tremor nine days ago.
La Scala general manager Stephane Lissner's first goal when he arrived at the renowned opera house in 2005 was to balance the budget, which he did that year and every year since. This year could be different, he warned Tuesday.