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Berlusconi: a man visibly bored by economics and whose newspaper, il Giornale, described Angela Merkel’s Germany as “The Fourth Reich”

It is a strange but compelling political, economic and even moral drama. Strange, because the main protagonists are not conventional politicians: they are a professor, a hairy comedian and a joke-telling billionaire. Compelling, because the country is Italy, the eurozone’s third-largest economy which staggers under the burden of the world’s third-largest public debt. A drama, because how the story develops will determine the fate of the euro, and thus of whether…

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