Silvio Berlusconi


  • Court acquits Berlusconi's elder son, executive Tuesday, 8 Jul 2014 | 1:00 PM ET

    ROME— A Milan court has acquitted former Italian Premier Silvio Berlusconi's elder son and a longtime executive in his media empire in a tax fraud case. The court on Tuesday cleared Pier Silvio Berlusconi and Fedele Confalonieri in the case involving the Mediaset media company. The prosecutors had alleged fraud in the purchase of film rights by Mediaset.

  • BRUSSELS, July 1- The European Parliament on Tuesday chose Martin Schulz as its president for another two and half years, backing a combative social democrat who has fought for more power for the EU legislature.

  • *PM Renzi says he has mandate to make his mark in Europe. ROME, May 26- Italian Prime Minister Matteo Renzi promised on Monday to push economic and institutional reforms in Rome and promote his pro-growth agenda in Brussels after securing an emphatic victory in elections for the European parliament at the weekend.

  • ROME, May 11- Franco Picini, a schoolteacher in Italy's capital city, says he has voted for the left all his life, but in this month's European parliament elections, he will back the 5- Star Movement of comedian Beppe Grillo. "I know his political platform isn't very clear, but enough with Italy's old political guard!

  • *Senate must approve legislation by May 19. ROME, April 23- Italian Prime Minister Matteo Renzi easily won a confidence vote on Wednesday over his plans to ease rules for companies that hire temporary workers, part of a broader plan to overhaul labour regulations. The decree must be approved by the Senate by May 19 to become a permanent law.

  • *Bundesbank chief open in principle to QE, if it is needed. *Drop in inflation sees him open up to the idea. FRANKFURT, April 17- As recently as last November, Jens Weidmann steadfastly opposed any move by the European Central Bank to print money to buy assets and buoy the euro zone economy.

  • ROME, April 9- Italian Prime Minister Matteo Renzi defended his fiscal reform plans on Wednesday against critics inside and outside his Democratic Party as the European Commission reminded Italy of its commitment to balance its budget.

  • MILAN, April 8- The government of Matteo Renzi is looking to wipe the slate clean and seek new names at Italy's main state-controlled groups including oil major Eni as top management comes up for renewal, government, political and industry sources said.

  • *Barroso, Van Rompuy smile when asked about Italy budget. *PM Renzi says Italy will respect 3 pct deficit limit. However the reaction in Italy reflected questions over how well Renzi's fast-talking style and his promises to end the austerity policies which have dominated the EU's response to the euro zone debt crisis will go down in Brussels.

  • DUBLIN, March 7- Veteran Brussels politician Jean-Claude Juncker sought the backing of Europe's centre-right on Friday in the race to become European Commission president, pledging to build bridges in a region he said was increasingly divided.

  • ROME, Feb 19- Italian Prime Minister-designate Matteo Renzi said he expected his new government to be in place in time for a formal vote of confidence in parliament on Monday, after he wrapped up consultations with the main political parties.

  • ROME, Feb 13- Italian Prime Minister Enrico Letta said he would tender his resignation on Friday, opening the way for centre-left leader Matteo Renzi to take the helm of Italy's third government in less than a year.

  • ROME, Feb 13- Italian Prime Minister Enrico Letta faces a showdown with his own centre-left party on Thursday that could lead to his resignation and the appointment of Democratic Party leader Matteo Renzi as head of a new government within days.

  • Recession-weary Italians catch nostalgia for lira Wednesday, 15 Jan 2014 | 4:00 AM ET

    *Money important symbol of unified Italy. ROME, Jan 15- Twelve years since Italy introduced the euro, the national mint is still stamping Italian lire- and recession fatigue means nostalgia for the retired national currency is going strong.

  • ROME, Jan 14- The reasons given by Italy's top court for throwing out key planks of the country's electoral law leave politicians no closer to agreeing a new system to give Italy the stable government it badly needs.

  • *Rome to reintroduce housing levy under new name. Sector experts predict housing transactions in Italy will increase this year for the first time since 2007, after which the country was hit by the global financial crisis and subsequently by its longest economic recession in 60 years.

  • Berlusconi ousted from Senate     Wednesday, 27 Nov 2013 | 11:51 AM ET

    Italian Senate has approved the expulsion of former Italian Prime Minister Silvio Berlusconi from parliament. CNBC's Michelle Caruso-Cabrera offers details.

  • Italy... without Berlusconi?     Wednesday, 27 Nov 2013 | 11:00 AM ET

    Nicola Borri, assistant professor of economics at LUISS University in Rome, says "everybody" expects Silvio Berlusconi to be ousted from the Italian Parliament, and discusses the impact this would have on reforms.

  • Lucio Malan, Italian senator for the PDL, says there is a risk for a "little split" within Berlusconi's PDL party and that the former prime minister would remain leader even if he was expelled from Parliament.

  • Berlusconi wants community service instead of jail Friday, 11 Oct 2013 | 3:38 PM ET
    Silvio Berlusconi

    Berlusconi has formally asked to do a year of community service rather than be jailed or put under house arrest after his conviction for tax fraud.