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Photograph by Adam Berry/Bloomberg

Photograph by Adam Berry/Bloomberg

A Trillion Tax Euros Fall Between the Cracks

What was Europe’s debt problem is starting to look like Europe’s taxation problem. Words emerging from a one-day European Union summit in Brussels show EU leaders aren’t focused just on spending and deficits: they announced an investigation into “aggressive” use...

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Photograph by Georges Gobet/AFP/Getty Images

Photograph by Georges Gobet/AFP/Getty Images

Monti’s Virtue vs. Germany’s Vices

For once, Mario Monti had a sympathetic audience — dozens of European officials he mingled with and presided over during a 10-year European Commission career that, by the looks of it, he will remember more fondly than the 15 months...

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Photograph by Alessia Pierdomenico/Bloomberg

Photograph by Alessia Pierdomenico/Bloomberg

Italy’s Vote Was Bersani’s to Lose, and He Almost Pulled It Off

The Italian elections were his to lose, and Democratic Party leader Pier Luigi Bersani did a really good job of almost doing just that. Bersani, a former communist who backed Prime Minister Mario Monti’s technical government, squandered a 15-point poll...

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Photograph by Franco Origlia/Getty Images

Photograph by Franco Origlia/Getty Images

Pope, Music Festival May Have Clipped Berlusconi’s Poll Momentum

Pope Benedict XVI’s surprise resignation and the popular San Remo music festival may have clipped some of former Prime Minister Silvio Berlusconi’s momentum in the campaign for Italy’s end-of-month election amid a blackout on opinion polls. Pope Benedict’s Feb. 11...

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Silvio Berlusconi at the Palazzo Chigi in Rome, on Feb. 6, 2010

Photograph by Filippo Monteforte/AFP via Getty Images

Silvio Berlusconi at the Palazzo Chigi in Rome, on Feb. 6, 2010

Today in Euro Crisis History: Dept. of Déjà Vu

February 6, 2010 Berlusconi Says Italy Handling Crisis Best in EU Italian Prime Minister Silvio Berlusconi said Italy is standing up to the financial crisis better than all other European countries, news agency Ansa reported. Europe’s debt crisis only seems...

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Photograph by Alessia Pierdomenico/Bloomberg

Photograph by Alessia Pierdomenico/Bloomberg

Monte Paschi Provides Fodder for Berlusconi Attacks on Rivals

Revelations that Banca Monte Paschi hid details of structured finance deals that may produce hundreds of millions of euros in losses is embroiling everyone from Italian Prime Minister Mario Monti to European Central Bank President Mario Draghi, while providing fodder...

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Photograph by Franco Origlia/Getty Images

Photograph by Franco Origlia/Getty Images

Berlusconi Rides Media Blitz, Recession to Gains in Polls

Former Prime Minister Silvio Berlusconi’s media blitz is paying off, with his center-right coalition closing the gap with Italy’s Democratic Party ahead of Feb. 24-25 election. The three-time premier, who has always been as much showman as statesmen, has done...

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