Thursday, December 13, 2012

Dailymotion - most recent videos: Quadriga: The Italian Drama Tragedy for Europe?

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thumbnail Quadriga: The Italian Drama Tragedy for Europe?
Dec 14th 2012, 00:08

Does the resignation of Italian Prime Minister Mario Monti mean the end of the country's reform program? There have already been signs of a return to old ways. Former premier Silvio Berlusconi has announced he will stand for his old job in next year's elections. His chances of emerging victorious are slim, but many fear a fourth term in office could spell disaster for both Italy and the Euro.

Many Italians have found Mario Monti's austerity program a bitter pill to swallow. Silvio Berlusconi's party wants to capitalize on this bad blood and has already withdrawn its support for Monti's technocratic government. New elections have been slated for early 2013.

Observers rate Berlusconi's chances of edging out the leader of Italy's center-left Democratic Party, Pier Luigi Bersani, as slim. But if he exploits his media connections and gets his tactics right, Berlusconi could well manage to shoot down many of the government's reforms. European Union officials are becoming increasingly conce
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Producer : Deutsche Welle

Author: avatartvnportal
Tags: Europe Venice Italy Madrid Buenos Aires Milan Berlin Mario Monti Silvio Berlusconi Spain
Posted: 14 December 2012
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Votes: 0

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