Italy’s government is hoped to be in place before the world’s financial markets re-open on Monday. Mr Berlusconi left office among boos from members of the public and is still expected to face further scrutiny over his broken election promises to sell off his company assets avoiding conflicts of interest m corruption and infamous sex parties that brought shame on his far-right government and condemnation from his party’s opposition and the Catholic Church.
Silvio Berlusconi was Italy’s longest-serving post-war prime minister – and is still one Italy’s richest men. The man known as ‘the knight’, due to receiving the prestigious Italian Order of Merit for Labour decoration in 1997; the businessman and AC Milan chairman served three terms as Prime Minister of Italy, from 1994 to 1995, 2001 to 2006, and 2008 to 2011.
In total Mr Berlusconi spent 10 years in office and has vowed to return following the austerity packages. Mr Berlusconi is an opponent of the austerity measures required to bring Italy back from financial collapse
Mr Berlusconi had a ‘different’ approach to political diplomacy, as the now famous ‘snub’ footage of the German Chancellor, Angela Merkel and other delegates who awaited is arrival at the 2009 Nato Summit demonstate – he chose to keep her waiting while taking a mobile phone call.
Mr Napolitano is holding 17 meetings throughout Sunday with the last set for 5pm today and Italy’s new Prime Minister is expected to be the Ex-EU commissioner Mario Monti , who will face a tough time implementing the new austerity measures to bring Italy into financial stability. Last week it’s borrowing levels rose record levels as the country has been struggling among other hard hit Eurozone countries such as Spain and Greece.