Billionaire Silvio Berlusconi’s top political deputy called for an “orderly end” to Prime Minister Mario Monti’s government, saying the administration failed to develop a strategy to halt the recession.
Italian Prime Minister Enrico Letta won confidence votes in parliament today after Silvio Berlusconi backtracked on a pledge to bring down the five-month-old government as his party showed signs of deserting him.
Former Italian Premier Silvio Berlusconi said he’s powerless to topple Enrico Letta’s coalition government after Deputy Prime Minister Angelino Alfano left the PDL party to form a group supporting the cabinet.
Silvio Berlusconi’s future in Italian politics is hanging in the balance after a Senate panel voted today to recommend expelling the former prime minister from the upper house, following an August tax-fraud conviction.
Italian Prime Minister Enrico Letta is rallying support in parliament before a showdown tomorrow, bolstering his chances of rebuffing Silvio Berlusconi’s bid to topple the government. Stocks surged in Milan.