Visualizzazione post con etichetta government. Mostra tutti i post
Visualizzazione post con etichetta government. Mostra tutti i post

martedì 15 novembre 2011

Tomorrow at 11 new PM Monti will show the list of ministers and his program

is not only a competent and style Professor:is a politician too with an high sense of institutions and determined.

OK ,reached by all political forces, for the birth of the new government, except Lega Nord party did not occur in the consultations. This party is perched on fantastic positions to split the country, forgetting that he ruled for three years on majority without doing anything (remember what mr Calderoli did as minister of the simplification of laws? Nothing. Or did Lega Nord a federal system equitable and effective for everyone in Italy? No). However it is better a declared oppostion as Lega Nord said than of an unknown hidden ooposition inside this big coalition of majority. Doubts about the political presence in the government: Gianni Letta for the PdL and Giuliano Amato for the Democratic Party. It seems that politicians attacks Monti for having usurped them a role, to my way of seeing for their evident failure and the loss of parts from the ex former majority, but if they will not participate directly in the new Government,they will demonstrate that while the technical government(not made by politicians elected) is working for Italy, politicians will think only to fight each other and dissociate themselves from the government that officially say to support. Now the house burns. Markets are stressed and it takes determination to solve fairly, and with the consistency of all social and political forces, the country's long-standing problems, ending with a bipolar conflict of the recent past, with the Berlusconi government and those who opposed it. We are waiting for the new program.
Meanwhile, the crisis is spreading: Italian-bond/German-bund spread is again above 500points ,guys of "Occupy WallStreet" in US were cleared from Zuccotti Park in NYC and from other cities of the US.

sabato 12 novembre 2011

Italy turns. Berlusconi falls.




21:34 local time

Nov 12th 2011: Berlusconi resigns.

 

Berlusconi government falls with no more national and international credibility. After he denied the existence of economic crisis in Italy and did not anything to solve the italian structural problems of economic growth, exposing Italy more than any other country default risk. 

The Berlusconi government in these three years only tried to do laws against press and justice, blocked by a huge illiberal conflict of interest. Now everybody wait for a new liberal (this time really!) government with the new PM Monti, which sets good example, cutting privileges and fighting corruption, anti-meritocratic systems , tax evasion and doing antitrust actions before anything else. This requires that all Italian Parties put their face in this project with responability for Italy and Europe. Then in 2013 new elections will be possible with a new electoral system.

Probably tomorrow or at least Monday, the new "National Unity" Government led by Mario Monti

giovedì 10 novembre 2011

The situation in Italy: a new government by excellent economist Mario Monti is the only way possible to give Italy a chance


Berlusconi resigned slowly.When everybody understood that his vain government is linked to a major damn for Italy and its debt on the rate of Italian bond market always higher and higher.
Now it's up to the Parliament. Will it be able to listen the President of Repubblic Napolitano? He is looking for a big coalition to support Mario Monti as President of an "Emrgency Government" to give stability and reform to Italy after Berlusconi-storm with a big coalition.The left Democratic Party and Center Democratic Party are agree from long time . The ex majority (Pdl the Berlusconi Party and Lega nord) are not so sure but knows how near is the brink for Italy. The ex comunist party lives "in Mars" but fortunatly is a little Party and is not agree to a real liberal Monti government.
There is no time to loose in preparing elections with a non adequate electoral system, to reform too. There is no time to an electoral campaign during an attack against Italy, a Country that put at risk all the Eurozone because Berlusconi did'nt cut political budget cuts , waste of pubblic administration and did not do antitrust actions (Mediaset shares,the company of Berlusconi lost a lot of value at the same time he decided to stop his political positions), anti-corruption actions, welfare-actions to protect temporary job positions and did not stimulate economic growth at the same time.
Who could do all this things now as soon as possible as EU ask vigorously? Mario Monti (ex EU commissioner and excellent, stimated and well known in the world economist) said: "There is a huge hard work to do for Italy to exit from crisis". Probably he could be the next Premier of the government, only if all the parties from left to right in parliament will set above the good for Italy (and Europe) instead of particular interests and this is not predictable, is the real battle to win, indeeed. The risk is linked to the high irresponsability the political class, present in these days in all parties, incapable to find a limited but keen program for Italy till 2013 ferrying the Country to new elections with a new system.

Comment sent to THE ECONOMIST nov10th 2011 
and WALL STREET JOURNAL nov 11th 2011