Buzz over possible Berlusconi return

2012-07-13 22:34
Silvio Berlusconi (AFP)

Silvio Berlusconi (AFP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Rome - When Silvio Berlusconi resigned after dominating Italy's political scene for two decades, he left a country in financial shambles and a personal legacy tarnished by sex and corruption scandals.

Commentators called it the end of an era.

Eight months later the political world is abuzz with signs that the 75-year-old media mogul is plotting a return to power that even his closest allies had considered impossible.

Even as one-time friend, now bitter foe Gianfranco Fini appeared incredulous in a television interview on Thursday night - saying "Italians no longer believe in miracles" - Berlusconi's allies were talking him up.

"He's our strongest candidate," said Angelino Alfano, a former justice minister previously considered as Berlusconi's heir apparent.

Berlusconi himself has yet to commit. But his friends are now openly calling him a candidate and spreading reports that business leaders are pushing him to enter the race for elections next spring. He reportedly has designed a new symbol with a patriotic touch for his party - a kite in the Italian tricolor.

What’s changed?

What's changed from the November night when he left the presidential palace by a back door following his resignation to avoid jeering demonstrators in the square outside?

An increasingly unpopular austerity program aimed largely at reversing the excesses of the Berlusconi era.

Berlusconi, a three-time former premier, has always claimed to be attuned to the popular mood, abolishing the property tax on first homes in a move seen as decisive to his victory in 2008 elections.

His successor at the head of a technocrat government, economics professor Mario Monti, has given Italy an air of respectability in European and international circles, but his economic recovery package is causing more pain than growth.

In what has become a symbol of that pain, Monti restored the property tax in one of his first acts as premier.
As Monti's approval sinks, so are Italy's economic prospects.

Downgraded

Just Thursday, credit ratings agency Moody's Investors Service downgraded Italy's government bond rating two notches on concern that deteriorating financial conditions in Europe will lead to a sharp rise in borrowing costs.

At the same time, Italy's industrial association warns that the nation is mired in recession with no sign of recovery.
One of Monti's chief economic advisers, Corrado Passera, called Moody's downgrade "unjustified" saying it failed to take into account what the Monti government has done.

Monti made clear this week that he has no intention of seeking office after his term ends next spring.

The newspaper La Repubblica, one of Berlusconi's staunchest opponents, claims the possibility that the media mogul might come back "terrorises Brussels," referring to the seat of the European Union which has been demanding reforms from debt-laden Italy.

It said many in Brussels fear Berlusconi would undo Monti's reform program, although his party has been supporting it in parliament.

Case

Berlusconi, however, has made only occasional appearances at his trial in Milan on charges of having sex with an underage woman and then using his office to try to cover it up.

Witnesses have testified about spicy parties at Berlusconi's villa, but both he and the Moroccan woman have claimed they never had sex. In Italy, defendants are not required to attend their trials.

On the economic front, he has let himself be quoted as saying Italy should leave the euro and print its money, only to backtrack, leaving it unclear what his financial rescue plan might be.

"There is more talk in Germany of a return to the mark than in Italy of a return to the lira," he told a German newspaper.

Last year, months before he resigned, Berlusconi said he would not run again and designated Alfano as his successor at the head of his party. Now Alfano is leading the chorus of supporters asking him to take the lead.

- AP
Read more on:    silvio berlusconi  |  italy
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/News
 

Joburg hot spots for cocktails, craft beer, tapas and wine!

It’s the season to be jolly – so we’ve rounded up some new Joburg hot spots!

 
 

I love summer.24

Summer Survey!
Great ideas for the best summer sandwiches!
Christmas lingerie to make this festive season the best one ever!
13 things you might not know about Disneyland

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Kalahari.com - shop online today

2DAYS ONLY – 30% off Appliances

Coffee makers, blenders, fans, juicers and more. T&Cs apply. Shop now!

2 DAYS ONLY – 40% off books

Get 40% off when you buy 2 books. For two days only! T&Cs apply. Buy now!

Up to 50% off on outdoor gear

Save on chairs, blankets, cooler bags, umbrellas and more. Shop now!

Save on Samsung

Cameras, mobile phones, TVs, Tablets and more. While stocks last. Shop now!

Grand Theft Auto 5

Now available on PS4, Xbox One and PC from R649. Buy now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

The energy today is serious, materialistic and hardworking. You may find you get a new outlook on things and you may want to spend...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.