Thursday, September 22, 2005

Italian Drama and the Budgetary Law

More signs of the the disintegration of Berlusconi's government: The minister of economic affairs, Domenico Siniscalco, has left the government. Siniscalco does not want to embark in a furious battle over the budgetary law as he believes that this will be an occasion for the right wing government to fight over the leadership of the coalition. He's right!

There are only eight months left before the elections. No budgetary law at this point is likely to redress the poor italian economy. Hard choices should be taken, but this is not possible at the moment. Hard choices do not sell well with the electorate.

Italy is prisoner of a government whose death is dragging the country in a black hole. Elections should be held NOW!

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