What was the beginning year of the European debt crisis that particularly affected Portugal, Italy, Greece, and Spain?
European debt crisis The European debt crisis (often also referred to as the Eurozone crisis or the European sovereign debt crisis) is a multi-year debt crisis that has been taking place in the European Union since the end of 2009. Several eurozone member states (Greece, Portugal, Ireland, Spain and Cyprus) were unable to repay or refinance their government debt or to bail out over-indebted banks under their national supervision without the assistance of third parties like other Eurozone countries, the European Central Bank (ECB), or the International Monetary Fund (IMF).
Political career of Silvio Berlusconi The political career of Silvio Berlusconi began in 1994, when Berlusconi entered politics for the first time serving intermittent terms as Prime Minister of Italy from 1994 to 1995, 2001 to 2006 and 2008 to 2011, his career was racked with controversies and trials; amongst these was his failure to honour his promise to sell his personal assets in Mediaset, the largest television broadcaster network in Italy, in order to dispel any perceived conflicts of interest.