BARI, Italy—Italy has a new prime minister. The 39-year-old Matteo Renzi is the youngest prime minister in the country’s history and is bringing the Italian left to the forefront.
BARI, Italy—Plagued by scandals, a decline in political power, and mutiny within his party, Silvio Berlusconi re-launched a political party that saw his rise to power in the 1990s.
Official results for the Italian election confirm a hung Parliament. The center-left coalition of Pier Luigi Bersani lacks a clear majority in both houses as Silvio Berlusconi’s center-right coalition finished within fractions of a percent. U.S. and European markets tumbled in fear of another election and a potential win for euro skeptical parties.
Preliminary Italian parliamentary election results indicate a hung parliament, with the center-left coalition of Pier Luigi Bersani ahead in the race. Silvio Berlusconi’s center-right coalition is projected to win the Senate, according to exit polls by Sky Italia.
A letter sent by Silvio Berlusconi to the Italian voters this week promised a tax rebate if he is elected as Prime Minister during the two-day election on Feb. 24–25. The official-looking letter was called a “scam” by his opponent.
Pier Luigi Bersani is likely to become Italy’s next Prime Minister. With roots in the Italian Communist Party, some leftists labor and tax laws may be in store.
Italian police have arrested six people who are suspected of holding former Prime Minister Silvio Berlusconi’s accountant captive and attempting to extort Berlusconi for $45 million.
Italian Prime Minister Mario Monti on Monday insisted he will serve out the remainder of his term until the election next year, dismissing claims that his government might collapse.
A European court on Thursday ordered Italy to pay $20,000 to around two dozen Eritrean and Somali migrants, saying that they may have violated the rights of the refugees by sending them to Libya.