10 November 2011, 14:54

Berlusconi won't resurface on Italy’s political arena

Berlusconi won't resurface on Italy’s political arena
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Silvio Berlusconi has pledged to resign as Italy's prime minister in a long-delayed move that doomed his third government and appeared to foreshadow the end of the media tycoon's eventful and frequently scandalous 17-year career in politics.

Silvio Berlusconi has pledged to resign as Italy's prime minister in a long-delayed move that doomed his third government and appeared to foreshadow the end of the media tycoon's eventful and frequently scandalous 17-year career in politics. His control of parliament had become a crucial element in the eurozone's raging debt crisis, as investors in Italy's debt fretted over the country's ability to implement the austerity measures needed to cut its deficit. Shyam Kamath, an Associate Dean for graduate and global programs with St. Mary’s College of California, and Michael Calingaert, an expert on European economic integration at the Brooking Institute, talk about Berlusconi's career and the future of Italy's economy.

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