Posts Tagged ‘Italy’

European countries that still have economic problems

European countries that still have economic problems

European countries that still have economic problems

The first European Union member state that hit the bottom was Greece. The disastrous situation revealed in Greece crated panic worldwide, some even feared that this could destroy the European Union and the euro currency.

It seems that the prompt response of the European authorities and the huge loan granted to Greece helped a lot. The Greek authorities done their part of the deal and the crisis appeared to fade away. (more…)

Silvio Berlusconi, the most famous Italian politician

Silvio Berlusconi, the most famous Italian politician

Silvio Berlusconi, the most famous Italian politician

Now, at the age of 72, Silvio Berlusconi is considered to be among Italy’s richest men. Is estimated that his fortune worth $6.5 billion. Berlusconi is also the most controversial public figure in Italy. He won a third term as prime minister in 2008 and currently owns a business empire that expands from media and advertising to insurance, food and construction. He also owns AC Milan, one of the top Italian football clubs, considered one of the best European teams. (more…)