Last week the government of Italy's Prime Minister, Silvio Berlusconi, was in crisis. His center-right coalition, shaken by overwhelming losses in regional elections earlier this month and bitter debate over the leader's tax and economic policies, began to disintegrate: one Deputy Prime Minister, Marco Follini, resigned and withdrew his ministers from the Cabinet, raising the possibility of early elections. But financially, Berlusconi the media tycoon had a great week: his family's holding company announced the sale of 197 million shares in the Mediaset group which owns all three of Italy's major private television...
To continue reading:
or
Log-In