Berlusconi in comeback bid to become Italy premier

ROME (AP) — Billionaire media baron Silvio Berlusconi, who resigned in disgrace with Italy tottering through the European debt crisis, announced Saturday he was making a comeback and running for a fourth term as premier.

Berlusconi, 76, reluctantly stepped down last year after pressure from international financial markets. He was later convicted of tax fraud and is on trial in Milan for alleged sexual misconduct and abuse of power when he was premier.