Wolfango Piccoli News
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President Giorgio Napolitano was preparing for a second day of talks with leaders of Italy’s fractious parliament as he seeks to broker a compromise on forming a government in Europe’s fourth-largest economy.
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Below are some possible scenarios and some frequently asked questions about the formation of the new Italian government following the inconclusive vote on Feb. 24-25. Pre-election favorite Democratic Party leader Pier Luigi Bersani won the lower house by less than a half percentage point, while falling short of a majority in the Senate.
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Beppe Grillo, the comic banned from Italian television decades ago for ridiculing a corrupt cadre of ruling lawmakers, had his political satire rewarded yesterday with more than 160 seats in Parliament.
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Nicos Anastasiades defeated opponent Stavros Malas by the biggest margin in 30 years to become Cyprus’s seventh president and begin the process of steering the country away from economic ruin.
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Cypriots will return to the ballot box on Feb. 24 to choose a leader who can steer the country away from financial collapse after the frontrunner in yesterday’s presidential election, Nicos Anastasiades, fell short of an outright victory.
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Italian borrowing costs rose at a bond auction for the first time since October, less than two weeks before a general election that is fueling investors concern about political stability in Italy.
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As Nahit Kiler shows off an apartment on the 40th floor of his 54-story Istanbul Sapphire , the selling points include a sweeping view of the hills, minarets and waterways of this ancient city and, if one looks down, offices belonging to some of his business rivals.
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The prime minister has spurred record growth, tamed inflation and fueled the rise of a new clan of businessmen.
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The prime minister has spurred record growth, tamed inflation and fueled the rise of a new clan of businessmen.
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Voting ended in Turkey’s general election with Prime Minister Recep Tayyip Erdogan likely to get a mandate to reshape the secular constitution amid an economic boom that contrasts with upheavals to the east and west.
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