Italy officially the Italian Republic, is a country located on the Italian Peninsula in Southern Europe. The capital is Rome. The President is President Giorgio Napolitano and the Prime Minister is Silvio Berlusconi. PM Berusconi is to resign after parliament passed crucial economic reforms on Tuesday 11.8.11 aimed at stabilizing Italy's economy. There have been growing calls for the Italian leader to step down over sex scandals and Italy's financial problems that threaten to make Europe's third-largest economy the latest victim of the eurozone crisis. Mario Monti, a former top EU commissioner, has been asked by the country's president to lead Italy's new government.
The Roman empire in the 1st century [ Two thousand years ago, the world was ruled by Rome. From England to Africa and from Syria to Spain, one in every four people on earth lived and died under Roman law ].
6.15.09 President Obama met with Italian Prime Minister Silvio Berlusconi in the White House Oval Office to discus U.S.-Italy relations.
7.8.09 Pres. Obama and Michelle arrive in Rome, Italy for the G8 Summit. The Summit is on July 8 and the 9th in central Italy's L'Aquila. G8 official website .
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July 10, 09: President Barack Obama wraps up the G-8 discussion in Italy saying a full economic recover is "still a ways off" and the world must make hard choices to solve the "pressing threats facing our environment, our global economy and our international security." Continue
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What the leaders agreed on:
1. Restore economic growth and reform our international and national regulatory system. And return to fiscal responsibility after the recovery is completed.
2. Stop the spread of nuclear weapons.
3. By 2050, there will be a reduction of greenhouse gases by 80%.
4. Committment to invest in 20 million in food security - agriculture programs to help fight world hunger.
