LINK CHANGE/ USATODAY
The PM many Italians love to hate...but keep in power...Silvio Berlusconi...insists that Italy has no financial problems...even as he fights with rebels from his own party...to stay in power before a Tuesday vote.
But Italy's 10 year sovereign debt has set another worrisome record high...6.67%... considered unsustainable.
President Giorgio Napolitano warns that Italy is suffering the worst crisis since WW2.
But "What me worry?"...seems to be Berlusconi's attitude.
The IMF does worry.
It has insisted on beginning rare regular quarterly check-ups of his promised reforms.
The IMF also offered a credit line of E45bn/$62bn (WSJ)...with a possible doubling of the amount in 2012.
But Silvio has refused the offer so far...ahead of his 9th confidence vote in 2011...and rumors that a new technocrat-led government "must" soon succeed him.
Instead at the G-20...he was seen...busy "checking-out" recent widow...Argentine President Cristina Fernandez.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- PUERTO RICO: The Enigma of Tourism.
- CZECH REPUBLIC: Attempts To Ban The Communist Party.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- COLOMBIA: FARC Abducts & Murders Provincial Governor.
- CZECH REPUBLIC: Intelligence Service Warns Of Russian Infiltrations.
- VENEZUELA: Chavez Will Nationalize 11 U.S. Drilling Rigs.
- ROMANIA: After Court Overturns Austerity Measures, Huge VAT Increase Proposed To Protect IMF Aid.
- RUSSIA : Putin's Police Make Preemptive Strike On Leading Protest Opponents.

