prime minister mario monti has imposed strict reforms, raised taxes and made it easier for companies to lay off employees, all part of an effort to get italy off the list of endangered eurozone countries. before he took office, italy was in bad economic shape, having lagged behind its economic neighbors for years, but italians are fed up with this strict past, and lately, support for the former premier, silvio berlusconi, has been on the rise again. >> it has been the same for 20 years -- the same music, the same fans, all this for silvio berlusconi. boosted by recent polls, he appears to be in splendid form and can even afford a touch of self-deprecating and. -- self-depredation. >> i took a look in the mirror before leaving the house and thought what a shame the old mirrors do not exist anymore. i always looked so handsome and young. >> that is what his fans like so much -- he always has a joke or an amusing anecdote. he is also good at making promises. >> do you want fewer taxes on companies, families, and income? >> berlusconi's campaign announcements are legendary. in 2001, he o

prime minister mario monti has imposed strict reforms, raised taxes and made it easier for companies to lay off employees, all part of an effort to get italy off the list of endangered eurozone countries. before he took office, italy was in bad economic shape, having lagged behind its economic neighbors for years, but italians are fed up with this strict past, and lately, support for the former premier, silvio berlusconi, has been on the rise again. >> it has been the same for 20 years -- the same music, the same fans, all this for silvio berlusconi. boosted by recent polls, he appears to be in splendid form and can even afford a touch of self-deprecating and. -- self-depredation. >> i took a look in the mirror before leaving the house and thought what a shame the old mirrors do not exist anymore. i always looked so handsome and young. >> that is what his fans like so much -- he always has a joke or an amusing anecdote. he is also good at making promises. >> do you want fewer taxes on companies, families, and income? >> berlusconi's campaign announcements are legendary. in 2001, he o

. >> that means rome is without a new government and mario monti remains in place, and napolitano will appoint expert advises. >> i will create two small moves, diverse personalities and skills. their task is to formulate proposals for europe-related reforms supported by all political parties. will asked to look into long-ranging reforms to stalematstical and the italian governemnts of the past. >> joining us is david willy. how likely is it the political deadlock is lifted? >> there is not much chance. mr. napolitano has tried his best and i don't think appointing these groups will resolve the deadlock. they are each -- each party blocks the other and neither is willing to give way. neither of the parties -- not the leader bersani of the democratic party or mr. berlusconi, or beppe grillo, the toic maverick who decided make a party of protest. noen of them will give an inch. support.o they lose it is a game of chicken they play, and mr. napolitano, head of state has only a few weeks left in office. it is difficult when you consider the country is on the brink of an economic crisis wit

and people accepted mario monti's bitter medicine. it's the reaction, a bit delayed., we need to go into structural reform. berlusconi was a disaster. between 2001 and 2011, only a few countries in the world grew less than italy. eritrea and zimbabwe. how is that possible? we sell prada, we sell maserati and ferrari. we're a good big money manufacturer. bigger than britain in terms of manufacturing. we need to go back to what we can do to restructure. maybe is the time to do that. they're so scared, the political party, they'll do everything. beppe zani, roger altman and david leonard. thank you very much. >>> up next, why are the people of egypt and tunisia shaking? and why might those nation's leaders be shaking as well. [ man ] i've been out there most of my life. you name it...i've hooked it. but there's one... one that's always eluded me. thought i had it in the blizzard of '93. ha! never even came close. sometimes, i actually think it's mocking me. [ engine revs ] what?! quattro!!!!! ♪ [ male announcer ] when you wear dentures you may not know it, but your mouth

if the people in the rest of the eurozone have been able to cast their votes, incumbent mario monti would have won, but italians have said no to district path of austerity. three parties came out of the election was roughly the same number of votes, but they refuse to join forces. one of the winners is a rebel who is protesting against the political and the, and wants to get rid of the year of -- protesting against the political elite and wants to get rid of >> beppe grillo is proud. but the 65-year-old is nowhere near retirement. after his five-star movement's overwhelming success in the election, the ex-comedian has big plans. >> my dream has become that of millions of people -- to be able to imagine a different kind of political scene, a different kind of energy. >> beppe grillo has plenty of energy. before the elections, he pushed from one piozzi to the next, trying to get close to the people. he documented his road to success on the web. the internet is beppe grillo's most important means of communication. his blog is one of the most successful in italy. >> i have been writing here f

if the people in the rest of the eurozone have been able to cast their votes, incumbent mario monti would have won, but italians have said no to district path of austerity. three parties came out of the election was roughly the same number of votes, but they refuse to join forces. one of the winners is a rebel who is protesting against the political and the, and wants to get rid of the year of -- protesting against the political elite and wants to get rid of >> beppe grillo is proud. but the 65-year-old is nowhere near retirement. after his five-star movement's overwhelming success in the election, the ex-comedian has big plans. >> my dream has become that of millions of people -- to be able to imagine a different kind of political scene, a different kind of energy. >> beppe grillo has plenty of energy. before the elections, he pushed from one piozzi to the next, trying to get close to the people. he documented his road to success on the web. the internet is beppe grillo's most important means of communication. his blog is one of the most successful in italy. >> i have been writing here f

something similar to what we did in november 2011 when he appointed the current prime minister, mario monti, the former european commissioner. he may try to do something like that. he may look to people like the former premier, the current interior minister, or the former european commissioner to try to take -- put together a short- term government whose major responsibility will be to guard confidence for the international markets and in the meantime, the only item on the agenda will be to change the current electoral legislation. >> thank you so much for that update. the restrictions in cyprus on account access could remain in place for a month -- that is the word today as thousands of people headed to banks to withdraw cash for the very first time in nearly two weeks. there was no run on the banks as some had feared with crowds lining up patiently. >> cyprus is the first eurozone member to bring in those kinds of capital controls. it is part of a bailout plan that depositors are facing withdraw limits. and in many cypriots spend hours waiting in long lines at the bank. for those dependen

something similar to what we did in november 2011 when he appointed the current prime minister, mario monti, the former european commissioner. he may try to do something like that. he may look to people like the former premier, the current interior minister, or the former european commissioner to try to take -- put together a short- term government whose major responsibility will be to guard confidence for the international markets and in the meantime, the only item on the agenda will be to change the current electoral legislation. >> thank you so much for that update. the restrictions in cyprus on account access could remain in place for a month -- that is the word today as thousands of people headed to banks to withdraw cash for the very first time in nearly two weeks. there was no run on the banks as some had feared with crowds lining up patiently. >> cyprus is the first eurozone member to bring in those kinds of capital controls. it is part of a bailout plan that depositors are facing withdraw limits. and in many cypriots spend hours waiting in long lines at the bank. for those dependen

democratic party which is probably the most pro euro party won a majority in the lower house but mario monti the technocrat has been leading there at their probe russell's coalition for a while did not have a very good election to sign it. brokers are all very anti euro and so it seems likely that the democrats will either have to make a deal with that big rio or some of the other anti euro forces in the senate or else we're going to be seeing another election very soon which no one in particular wants ok if i'm going to david in london i mean brussels most people really quite worried to say the least right now. i should hope this should be i mean quite frankly you could be about to win of probably four seats in the united kingdom knew you in the parliament here i think the italian people are just exacting their right to democratic vote i think they don't want to be ruled by an e.u. proconsul from brussels they want to make their own mistakes in their own decisions if they want to impose a stereotype they rather have an italian government imposing austerity rather than one sponsored by the e

serbia made the breakthrough midway through the first half if it's only each playing to mario monti you kitch and himself made it to nil with eight minutes to go with a suspicion of handball but the goal stood later belgian want to know in macedonia to stay top of the group on goal difference. than on saturday tennis superstar serena williams. to beat the traffic before beating japan's six three six three in the third round of the miami open the american world number one came from three last down in the opening set to stay on course for a record six title in florida while the men's top seed novak djokovic dropped just one game on route to a six one six love victory over a check cashing the salt in his opener. and on sunday there was an incident packed malaysian grown pre ferrari's fernando alonso crashed out on the second lap lewis hamilton out of miss avies try to make a pit stop with former team mclaren much to the surprise of pop star gulf and they consciously go but the real drama panned out after the final pit stop defending champion sebastian vettel ignored team orders and overtoo

democratic party which is probably the most pro euro party won a majority in the lower house but mario monti the technocrat has been leading there at their probe russell's coalition for a while did not have a very good election to sign it. power brokers are all very anti euro and so it seems likely that the democrats will either have to make a deal with that big rio or some of the other anti euro forces in the senate or else we're going to be seeing another election very soon which no one in particular wants ok if i go to david in london i mean brussels most people really quite worried to say the least right now. i sure hope there should be i mean you quite frankly you could about two women of probably four seats in the united kingdom in the in the parliament here and i think the italian people are just exacting their right to democratic vote i think they don't want to be ruled by an e.u. proconsul from brussels they want to make their own mistakes in their own decisions if they want to impose a stereotype they rather have an italian government imposing austerity rather than one sponsored by

democratic party which is probably the most per year a party won a majority in the lower house but mario monti the technocrat has been leading there at their probe russel's coalition for a while did not have a very good election the senate. brokers are all very anti euro and so it seems likely that the democrats will either have to make a deal with that big rio or some of the other anti euro forces in the senate or else we're going to be seeing another election very soon which no one in particular wants ok if i'm going to david in london i mean brussels most people really quite worried to say the least right now. i should hope this should be i mean quite frankly you could be about to win of probably four seats in the united kingdom knew you in the parliament here and i think the italian people are just exacting their right to democratic vote i think they don't want to be ruled by an e.u. proconsul from brussels they want to make their own mistakes in their own decisions if they want to impose a stereotype that rather have an italian gov rather than one sponsored by the european union nicholas

democratic party which is probably the most per year a party won a majority in the lower house but mario monti the technocrat has been leading there at their probe russel's coalition for a while did not have a very good election to sign it. part brokers are all very anti euro and so it seems likely that the democrats will either have to make a deal with big rio or some of the other anti euro forces in the senate or else we're going to be seeing another election very soon which no one in particular wants ok if i'm going to david in london i mean brussels most people really quite worried to say the least right now. i sure hope there should be i mean you quite frankly you could be about to win of probably four seats in the united kingdom knew you in the parliament here and i think the italian people are just exacting their right to democratic vote i think they don't want to be ruled by an e.u. proconsul from brussels they want to make their own mistakes in their own decisions if they want to impose a stereotype that rather have an italian government imposing austerity rather than one sponsored by

the perp most puryear a party or one of majority in the lower house but mario monti the technocrat has been leading their their probe russel's coalition for a while did not have a very good election to sign it. brokers are all very anti euro and so it seems likely that the democrats will either have to make a deal with with that big rio or some of the other anti euro forces in the senate or else we're going to be seeing another election very soon which no one in particular wants ok if i'm going to david in london i mean brussels most people really quite worried to say the least right now i should hope it should be i mean that you quite frankly you could go about to win of probably four seats in the united kingdom in the in the palm and here i think the italian people are just exacting their right to democratic vote i think they don't want to be ruled by an e.u. proconsul from brussels they want to make their own mistakes in their own decisions if they want to impose a stair to the draw to have an italian government imposing austerity rather than one sponsored by the european union nich

so i think mario monti took useful steps, and you had -- but he was a good technocrat but not a great politician. you have essentially a hung parliament trying to put together a coalition government. and it's a coalition of the left and the right. if it comes together. the upstart party from grillo is not going to join in these other parties. so the question is certainly back into a -- another election or does it form a government and that last for nine months? remember the average life in the italian government is less than one year in the last 60 years. and half the time they're coalition governments. >> yes. we're used to it in a sense. >> italy's used to it. >> the question is we haven't done that during -- upon when we're supposed to be implementing such big reforms. >> if you look at what happened to the electorates, ultimately like in greece last year, some countries, when they've been faced with the really difficult choice, they have decided to stay with the euro. and so my view is that italy will muddle through. and we're past the systemic phase of the crisis. now we've just

asitically is concerned, a lot of the automatic -- a lot of the adjustments, structural reforms that mario monty put in place will still put through, the net issuance of italian bonds only 30 billion this year, simply rolling over what they already have. the same time, he says if you look at the contagion around europe, there isn't any this time around, very different from last year you should be aware that today's spanish ten-year yields fallen to a two-year low. no interest rates coming from the ecb. no change on the co-late ras. they have lowered their growth forecast but they say that was just is about the fourth quarter. inflation forecasts aren't coming down. back to you. >> thank you, simon. get the latest on the dell news. shares are moving higher in the premarket session on the news that you broke yesterday, david. >> thanks, melissa. early faber report today. we got confirmation report that carl icahn has, in fact, built a significant position in shares in dell, something we told you yesterday and suggesting the company pursue a leveraged recap rather than the $13.65 a share leveraged