Berlusconi Faces Expulsion From Italian Senate

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Nov. 27 (Bloomberg) –- Bloomberg’s Ryan Chilcote reports on the future of Mario Berlusconi as lawmakers get set to vote on whether or not to expel him from the Senate. He speaks to Anna Edwards and Mark Barton on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

Ryan chilcote holds that has more.

It is difficult to fathom.

He could lose a protection immunity he enjoys along with 950 other members of the parliament of italy and has enjoyed for the last two decades.

That is quite literally up for grabs.

The vote could come sometime this evening after 7 p.m. in rome.

They look poised to defy him despite a plea he made earlier in the week to leave him in parliament.

List talked about what businesses are making up of this.

Tomorrow we will get the latest readings.

If you look back to 2012, business confidence has been quite resilient.

There are two parts to that.

Business in general seems to be almost sanguine.

Business confidence is expected to rise.

It has been rising ever since mario draghi said he would do whatever it takes.

Having said that, we did have a vote laced -- late last night.

He got a new majority.

It looks like he could not pander to berlusconi and his calls to not go through with this boat.

He still has his independence.

-- with this vote.

He still has his independence.

Maybe this is a sideshow and not directly influencing.

The unemployment rate matched the record from the prime month of full effect percent.

You have got to deflation in italy.

Berlusconi appears to becoming less of a problem, but that does not mean he has not his own issues.

Deflation, a european wide problem, is still very much present.

There's a whole host of issues that italy still needs to deal with.

" it looks like one of those once they are working through -- berlusconi looks like one of those mary still working through.

He is likely to avoid prism.

That is because of the court system.

It is very difficult to convict people.

You can appeal and appeal and appeal and avoid going to jail.

Immunity does allow you what is called to escape preventative custody.

So, i wouldn't say that it is impossible that he could go to jail.

Later in the program, we'll

This text has been automatically generated. It may not be 100% accurate.


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