Blogging about Europe

Last hours of Berlusconi as prime minister

Italian Lower Chamber of Parliament adopted a plan for economic reform and thus pave the way for the resignation of Prime Minister Silvio Berlusconi.

Financial Stability Act already passed by the Senate, and Berlusconi, who failed to secure a majority in a key vote last week promised to step down from power after it is approved by parliament.

The law includes a package of austerity measures, which urged the EU and aimed to restore market confidence in public finances in Italy.

Members of the lower chamber today supported the law with 380 votes “for”, reports BBC.

Berlusconi is expected to hand his resignation to President Giorgio Napolitano later today. This night he convened last cabinet meeting before his expected resignation.

Meanwhile, crowds gathered in front of the Italian Parliament, shouting “Resign” and “Bye Berlusconi”.

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3 thoughts on “Last hours of Berlusconi as prime minister

  1. Western Democracy is a Financiers’ Joke
    The financial and economic crises of Europe and in the West in general are bringing new corrupt solutions and concepts. It is impossible to understand and not to be outraged by the new practices of Western “democracies”.

    One late example, in Greece and Italy the elected prime ministers and governments were forced to resign. The pressures on them didn’t come from the peoples but from the EU and from the financiers. This means that elections and the decisions made by voters are useless.

    Government cabinets and members of parliaments are no longer answerable to the people but primarily to the EU and to financiers. Sovereignty is now being sold in European and Western financial markets. It is the same old story that changed the map of Europe and toppled European systems in the in the seventeenth and eighteenth centuries. Did anyone learn?

    People are very concerned about the way the EU demanded austerity is being distributed; but the “democratic” politicians are only worried about the EU and financiers interests.

    The former Greek Prime Minister George Papandreou was swiftly removed just because he decided that a referendum is essential to approve the EU debt package agreement. His plan infuriated European leaders, and rocked globalist financiers. Then the proposed referendum was emphatically scraped to appease them.

    In a similar manner, the former Prime Minister Silvio Berlusconi of Italy was hastily ditched because he insisted that Italy will not ask for loans from the IMF. Europe and the USA are victims of the same systematic sabotage of overspending; debts; speculations; and financiers’ control for a very long time.

    Is it possible in the near future to see voting being conducted in stock exchanges rather than in voting centers?

    Western democracies on both sided of the Atlantic are influenced by financiers and not by the people. It would be better for them to rename their own form of “Democracy” to be “Finocracy”.

    http://tariganter.wordpress.com/2011/11/13/western-democracy-is-a-financiers%e2%80%99-joke/

  2. I agree with your comment, prime ministers who doesn’t play by the rules are getting ditched.

    Furthermore, normal people have to play this “game” by their rules also, unfortunatelly.

  3. Financiers’ Reich is Buying Some European Countries
    Major German and British investment banks and financiers who are the main creditors and lenders for many European countries in the last twenty years deliberately created the current European sovereign debt disasters to gain control over certain countries.
    How to Buy a European Country?
    EU and Banks are Weapons of Mass Slavery
    Bad loans are actually toxic loans because they are poisonous. It is a calculated gamble and a secure one with the definite support from the governments of creditors, namely: Germany; UK; and France.

    There are many questions about the initial silence and roles of these governments and their controlled EU institutions.
    The core of the problem was “irresponsible lending by banks”. A credit bubble was created through banks’ lending out money to individuals and businesses to acquire assets that proved to be worth less than the amount of the loans. This was especially true in the real estate sector – something we also saw happening in the United States.

    What is called “irresponsible lending by banks” is actually a deliberate act of sabotage for the sovereignty of specifically targeted some European states.

    It is a replay of the tragic comedy “The Merchant of Venice”. Cutting a iuſt pound of his fleſh
    But can the money lenders take their loot without dropping blood?

    These debts were made with evil intentions and they must be either written off or rescheduled by the people without additional usury.

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