Ex-Italian PM Berlusconi proposes new currency to tackle economic crisis

"Former Italian Prime Minister Silvio Berlusconi has offered to create a new currency in the country to be used along with the euro, claiming that Italy needs to restore its monetary sovereignty to overcome the ongoing economic crisis.

Berlusconi opposes the current policy of expanding taxes, stating that it can only worsen the economic situation. He said his supporters are “ready to vote for the reforms.”"