Italy’s finance minister under fire

Giulio Tremonti’s future as Italy’s Finance Minister appeared in doubt on the 8 July 2011 after Silvio Berlusconi, Prime Minister, launched a public attack on his handling of the centre-right government’s proposed austerity package.

The open criticism followed disclosures that Mr Tremonti had been dragged into a widening corruption investigation by magistrates who on the 7 July 2011 requested the arrest of Marco Milanese, a member of parliament and until recently political advisor to the finance minister.

ESO: Background information: Italy’s austerity budget gains approval http://www.europeansources.info/record/italys-austerity-budget-gains-approval/

ESO: Background information: Berlusconi launches his heir apparent http://www.europeansources.info/record/berlusconi-launches-his-heir-apparent/

BBC News, 8.7.11: Euro debt market jitters worsen http://www.bbc.co.uk/news/business-14080021

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