Italian Economic Dilemma

As the Italian debt crisis grew rapidly, seventeen years of leading Italy came to an end for Prime Minister Silvio Berlusconi as the Italian economy issues became too much to handle. However, it's going to take a lot more to fix the economic struggles than having a Prime Minister resign.

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  1. Berlusconi denounces Italy debt downgrade
  2. Economy brings down Berlusconi
  3. Berlusconi forced to step down
  4. Per la serie: crisi? Quale crisi?
  5. John Foy, a Fox Prop trader tweets:
    Berlusconi is a convenient scapegoat for the mess in Italy/Europe. The bounce if he goes will be shallow. The debt won't disappear with him.
  6. Nouriel Roubini, Co-Author of Crisis Economics tweets:
    "Replacing Berlusconi with one of his servile lackeys is unacceptable. Italy needs a credible government run by a respected & competent leader."
  7. Bija Knowles from Rome in Italy tweets:

    "Scary thought that the financial markets have more say in Berlusconi's political future than the voting Italian public #berlusconi #weakdemocracy"

     http://www.bbc.co.uk/news/world-europe-15637486 

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