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Fiat chief to succeed Berlusconi?

Rome: Silvio Berlusconi suggested on Tuesday that he might retire from politics in the future because of his age, and indicated the head of Fiat as his possible successor. With a jovial grin he said that his job would at some point be available to Luca Cordero de Montezemolo, a former head of Ferrari, who became chairman of Fiat and president of the employers' body Confindustria earlier this year. ``Little old men should have the grace to retire at the right moment,'' the Italian Prime Minister joked at a shipping industry meeting in Genoa, Corriere della Sera reported. Mr. Berlusconi, who turns 68 at the end of this month, has aged visibly during his three years in government, despite having had plastic surgery and, it is reported, a hair transplant earlier this year. He said he would not hesitate to stand down when he knew he was no longer up to the job. It is the first time that he has suggested anyone could take over his job.

Guardian Newspapers Limited 2004

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