Bulgarian Prime Minister Boyko Borisov’s Wednesday resignation will affect the political future of the country, but the long-term effect on the country’s economy may be minimal.
A letter sent by Silvio Berlusconi to the Italian voters this week promised a tax rebate if he is elected as Prime Minister during the two-day election on Feb. 24–25. The official-looking letter was called a “scam” by his opponent.
Pier Luigi Bersani is likely to become Italy’s next Prime Minister. With roots in the Italian Communist Party, some leftists labor and tax laws may be in store.