Italy: PM Monti Urged To Challenge Berlusconi

Written By Unknown on Selasa, 11 Desember 2012 | 23.12

Italian technocrat Prime Minister Mario Monti has been urged to stay in politics to keep his country's economy on track after his shock decision to resign early.

Mr Monti, who has been credited with restoring confidence in Italy's economy, announced at the weekend that he would stand down by the end of the year.

But pressure is now mounting on him to remain in politics to prevent a return of the crisis which brought him to power a year ago, when he was charged with rescuing the eurozone's third biggest economy from the threat of a Greek-style collapse.

According to the Financial Times, Mr Monti is being courted by centrist parties in Italy to stand in February's elections. Other leaders in Europe and the Catholic Church would also like him to stay on in order to safeguard his reforms.

Mr Monti, who is understood to be undecided about whether or not to run for office, announced he would resign early as former prime minister Silvio Berlusconi pledged to return to frontline politics.

The technocrat said he found it impossible to lead after Mr Berlusconi's People of Freedom (PDL) party, parliament's largest, withdrew its support for his government.

Silvio Berlusconi Silvio Berlusconi stepped into politics in the mid-1990s

The news rattled financial markets on Monday. Italy's borrowing costs rose and bond yields soared as investors feared that efforts to get the 17-country eurozone's third largest economy back in shape would be slowed.

Mr Berlusconi's decision to run for office also prompted negative comments from foreign politicians and media, worried by the prospect of a return to an old-style Italian political crisis and, like the markets, that a leadership change in Italy could derail Europe's efforts to tackle its financial crisis.

The centre-right leader in turn reacted angrily to the backlash, calling it an offensive interference in domestic affairs.

The 76-year-old media mogul also hit out at Mr Monti's reform agenda, saying it had dragged Italy into recession and forced him reluctantly to run for a fifth term.

Mr Berlusconi accused the technocrat government of pursuing economic policies dictated by Germany, which had taken advantage of the financial crisis to lower its own borrowing costs at the expense of other states.

He said Mr Monti's government had been compliant in following a harmful austerity policies set by other European countries.

"The Monti government has followed the Germano-centric policies which Europe has tried to impose on other states and it has created a crisis situation which is much worse than where we were when we were in government," Mr Berlusconi told his own Canale 5 television.


Anda sedang membaca artikel tentang

Italy: PM Monti Urged To Challenge Berlusconi

Dengan url

http://plumpangraya.blogspot.com/2012/12/italy-pm-monti-urged-to-challenge.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Italy: PM Monti Urged To Challenge Berlusconi

namun jangan lupa untuk meletakkan link

Italy: PM Monti Urged To Challenge Berlusconi

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger