Author (Person) | Dinmore, Guy |
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Series Title | Financial Times |
Series Details | 14.7.12 |
Publication Date | 14/07/2012 |
Content Type | News |
Article suggests that in July 2012 eight months after Silvio Berlusconi stepped down from being Prime Minister of Italy under internal and external pressure, the prospect that the billionaire media tycoon might attempt a political comeback, despite past denials, was driving his supporters into ecstasy. However, the possibility of Mr Berlusconi re-entering the fray, perhaps on an anti-European platform, was rattling institutions and investors. The annual IMF report on Italy issued in July 2012 expressed concerns over the risk of political instability, a theme repeated by Moody’s rating agency in downgrading Italy by two notches on the 13 July 2012. |
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Countries / Regions | Italy |