November 12th, 2011
03:52 PM ET

Italian Prime Minister Berlusconi resigns

Silvio Berlusconi officially resigned as Italy's prime minister Saturday, according to the presidential palace press office.

His resignation comes just hours after the Italian lower house of parliament approved a series of austerity measures demanded by Europe to shore up confidence in the country's economy. It passed by a vote of 380 for to 26 against.

The package, which includes spending cuts and proposals to boost growth, was approved by the Senate Friday, resulting in a market surge.

The prime minister, who has survived many previous sexual and ethical scandals, pledged to step down once the economic measures passed both houses of parliament after losing his majority.

Berlusconi’s departure signals the end of an era in Italian politics. The 75-year-old business tycoon has been a dominant force since forming his Forza Italia party in 1994.

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Filed under: Economy • European Union • Italy
soundoff (13 Responses)
  1. Dartey samuel

    It's a shocking incident,i was not expecting this to happen.

    November 12, 2011 at 4:28 pm | Report abuse |
  2. Marco Chiappa

    Good luck Mario Monti! Change the Italy.

    November 12, 2011 at 4:31 pm | Report abuse |
  3. Micki

    A politician that kept his word? American politicians, take note!

    November 12, 2011 at 4:36 pm | Report abuse |
  4. Peter the Great

    Lol@Micki. Good luck with that!

    November 12, 2011 at 4:56 pm | Report abuse |
  5. Andreas Moser

    Dear Italians, please don't elect Mr Berlusconi for a 4th time.

    November 12, 2011 at 4:59 pm | Report abuse |
  6. Avser Bastian

    WHITES ARE NOT WELCOME IN AMERICA ANY LONGER !!! WE DON'T NEED YOU ANY MORE !!!

    OUT OF AMERICA WITH WHITES NOW !!!

    [youtube=http://www.youtube.com/watch?v=_xGfYOAydjw&w=640&h=390]
    OR
    http://www.youtube.com/user/BostjanAvsec <== OBAMA'S HEALTH CARE RECORDED LIVE IN 2009 !!! These are hard facts about lunatic Obama/Bush's twilight zone administrations(HORROR) or genocide against whites per ZIONIST Washington DC and communist Moscow where new SOVIET UNION NUMBER TWO WANNA BE or new Stalin is in place = PUTIN !!!

    EXILING WHITES WITH EXTREME PREJUDICE AND IMPORTING NON WHITES IMMIGRATION REQUIREMENTS COMPLETELY FREE.

    THIS NEWS IS RELATED TO WALL-STREET PROTESTS...NOT ANTI WALL-STREET, BUT ANTI WHITES !!!

    ANTI WALL-STREET PROTESTS ARE ALSO KNOWN UNDER ZIONIST "TRANSFER OF OWNERSHIP" IN AMERICA !!! TRANSFER OF OWNERSHIP FROM HANDS OF WHITE AMERICANS TO SO CALLED "MINORITIES"(COMMUNISM)

    Wall street protesters are Obama's raise of the planet Apes army which spread from London per Zionist Washington DC and communist Moscow where Mr. SOVIET UNION NUMBER TWO or new Stalin is in place = PUTIN

    ANTI WALL-STREET PROTEST MOVEMENT IS LED BY SO CALLED "ANONYMOUS" !!

    Anonymous !!? REALLY !!?

    NOW TELL ME WHO IS ANONYMOUS IN A POLICE STATE WHERE WE ARE SURVEILLANCED 24/7 !!? WHO !!?

    NOBODY !!! ABSOLUTELY NOBODY IS ANONYMOUS IN A POLICE STATE AND NOR ARE THOSE WHO MADE YOU PROTEST FOR THEIR SAKE OR WHAT MULTICULTURALISM(animal Apartheid) IS !!! http://multiculturalismisterrorism.blogspot.com

    GREEK CRISES !!! We are all Greece...find out who wants to burn not only what is Greece, but is burning our countries for over 66 years now !!! http://burnbabyburnahaha.blogspot.com

    November 12, 2011 at 5:00 pm | Report abuse |
  7. Avser Bastian

    ARIZONA = UTOYA(there was no shooting either in NORWAY OR ARIZONA, but instead governmental "afterlife" flash and cash mob ONLY; however, bombing was real) - WHO/WHY//HOW CREATED SCHOOL SHOOTINGS(Arizona incl.) - HAARP AUSTRALIAN FLOODS(Incl. deliberately busted oil pipe in gulf of Mexico) – WIKILEAKS is CIA(truth about Anti-Wall-Street protests) !!! – BREAST FEEDING INSANITY PROTESTS(insanity frenzy) – FACEBOOK or CIABOOTH !!? – NWO MULTICULTURALISM SWINE/PIG FLUE SYNDROME – NEWS/MEDIA OR SIMPLY BIG FAT VACUUM WORLD OF LIES/DEMENTIA(nothing else than police) !!? – THE REAL DON'T ASK DON'T TELL, BUT DIE !!! – OBAMINATOR'S FREE HEALTH CARE PLANE or GENOCIDE BASED ON FORGIVE AND FORGET – WAR ON TERROR or WAR AGAINST YOU !!? – HUMAN FLASH EATING MACHINE – UNITED NATION'S Chef Ban Ki-moon or CHINESE BAN KEY MONKEY IN CRIME AGAINST WHITE HUMANITY !!? – PARLIAMENTARIANS or SICK BIPOLAR CRIMINAL DISTORTIONISTS !!? – COMMUNISM IN EASTERN and HEART OF EUROPE TODAY IN 2011(learn about ongoing genocide against Germans since WWII) – NEW WORLD ORDER POLITICAL PARTIES(not there for you, but instead to seal your faith for their own parliament pay$$ scale !!!) – EURO DIC TRAITORS vs DICTATORS; WHAT IS WORSE !!? – LEARN WHAT DO LIBYA AND EUROPE OR USA HAVE IN-COMMON !!! and sooo much more !!!

    VISIT ALL NEW "OBAMA = STALIN = BUSH and USA = SOVIET UNION" AT http://stateofterror.blogspot.com/ OR http://avsecbostjan.blogspot.com/ TO LEARN EVERYTHING ABOUT WHO RUINED YOU, WHY, AND HOW !!!

    WHERE NEWS IS TRUTH AND NOT 66 YEARS OLD LIE ATOP OF OTHER LIES !!!

    November 12, 2011 at 6:25 pm | Report abuse |
  8. dr.RUFFNUTT

    i heard he got a job offer as a manager at the olive garden at 95th & metcalf in overlandpark kansas.. my former roomate that knew this itaian mofia dude that had a cousin that knew this guy named niki said that the mob owns all the olive gardens and will soon take over all italian food industries.. and cash for golds...

    November 12, 2011 at 9:01 pm | Report abuse |
    • Gecko

      Well, as long they dont take over the bunga bunga parties

      November 13, 2011 at 1:01 am | Report abuse |
  9. s kel

    mama mia!!

    November 12, 2011 at 10:34 pm | Report abuse |
  10. banasy©

    Cash for Gold? Lmao!

    November 12, 2011 at 11:33 pm | Report abuse |
  11. Joey Isotta-Fraschini

    Forse non ti piace Berlusconi, ma lui e' molto ricco.
    Bravissimo Berlusconi! Bravissimo!
    You may not like Berlusconi, but any time a man makes that much money, I study what he did correctly and do my best to emulate him.
    If everybody in the USA took Berlusconi as a model, we would not all make six billion dollars, but we would all make SOME money, and our economy would be thriving gloriously. To me, that would be extremely moral, as the most members of society would receive the greatest possible benefit.
    Those who sit on couches and complain that a Berlusconi has "too much money" are doomed to spend their time "looking for" a job or waiting for a government check.

    November 13, 2011 at 4:25 am | Report abuse |
  12. saywhat

    Well you may be right on Berlusconi's money making talents, but he himself was a devotee of G.W.B & just wanted his country to go where America wanted him to go.
    And that is great leadership.
    Europe's lack of leadership in most matters explains its decline & current financial mess.

    November 13, 2011 at 1:48 pm | Report abuse |