Gavin's Feed
Dec 22, 2012

Monti set to declare intentions as Italy election race begins

ROME (Reuters) – Italian caretaker Prime Minister Mario Monti is expected to end weeks of speculation about his political future on Sunday when he reveals the role he plans to play in February’s national election.

The former European commissioner, appointed to lead an unelected government to save Italy from financial crisis a year ago, has faced calls to seek a second term at the election on February 24-25, but his doubts appear to be growing.

Dec 22, 2012

Italy dissolves parliament, Monti mulls future

ROME, Dec 22 (Reuters) – Italy’s head of state dissolved
parliament on Saturday and opened the way to a February
election, with doubts growing over whether outgoing Prime
Minister Mario Monti will participate in what promises to be a
bitter campaign.

Monti resigned on Friday a couple of months ahead of the end
of his term of office, after his technocrat government lost the
support of Silvio Berlusconi’s centre-right People of Freedom
(PDL) party.

Dec 22, 2012

Monti mulls future after resignation, may not stand in vote

ROME (Reuters) – Italian caretaker Prime Minister Mario Monti is mulling his political future after resigning on Friday but a source close to him said he was unlikely to commit soon to any active role in the national election expected in February.

President Giorgio Napolitano was meeting representatives of the main parties on Saturday and later in the day was expected to dissolve parliament and call an election for February 24.

Dec 21, 2012

Italy PM Monti resigns, elections likely in February

ROME, Dec 21 (Reuters) – Italian Prime Minister Mario Monti
tendered his resignation to the president on Friday after 13
months in office, opening the way to a highly uncertain national
election in February.

The former European commissioner, appointed to lead an
unelected government to save Italy from financial crisis a year
ago, has kept his own political plans a closely guarded secret
but he has faced growing pressure to seek a second term.

Dec 18, 2012

Berlusconi ally says must cut taxes, end austerity

ROME (Reuters) – The next Italian government must cut taxes and shun German-inspired austerity policies which have dragged the country into recession, the main economics spokesman in Silvio Berlusconi’s center-right party said.

Renato Brunetta, an economics professor and former minister of public administration, said a center-right government should rely on steps such as structural reforms and privatizations to tackle Italy’s debt mountain.

Dec 14, 2012

Italy’s debt tops 2 trillion euros in new headache for Monti

ROME (Reuters) – Italy’s public debt rose above 2 trillion euros for the first time in October, underscoring the fragility of public finances despite austerity policies imposed by technocrat Prime Minister Mario Monti.

Debt rose to 2.015 trillion euros (1.63 trillion pounds) from 1.995 trillion in September, the Bank of Italy said on Friday, continuing the steady upwards trend seen through most of this year.

Dec 12, 2012

Italy’s populist 5-Star Movement hits trouble, expels members

ROME (Reuters) – Italy’s anti-establishment 5-Star Movement, which has enjoyed a meteoric rise in public support over the last year, is suddenly looking more ragged and disunited just as an election campaign gets under way.

Comedian Beppe Grillo, the movement’s charismatic founder and chief, on Wednesday expelled two prominent party members after weeks of growing internal dissent towards what critics say is his dictatorial leadership style.

Dec 10, 2012

Factbox: Monti’s reform record

ROME (Reuters) – Italian Prime Minister Mario Monti announced on Saturday he planned to resign as soon as parliament approved the 2013 budget, paving the way for elections expected to be held as early as February.

Following is a summary of the policy areas in which his government has been most active:

Dec 8, 2012

Monti calls time after restoring credibility to Italy

ROME (Reuters) – Mario Monti, who announced on Saturday that he intended to resign after just over a year as Italy’s prime minister, restored international credibility to his country and dragged it back from the brink of financial collapse.

The 69-year-old former European commissioner replaced the scandal-plagued Silvio Berlusconi in November last year as skyrocketing borrowing costs threatened to plunge Italy into a Greek-style debt crisis.

Dec 8, 2012

Old gambler Berlusconi back for last throw

ROME, Dec 8 (Reuters) – Four times prime minister Silvio
Berlusconi has never been afraid to take a gamble during the 17
years in which he has dominated Italian politics and his
decision to run for office again at the age of 76 seems like a
final roll of the dice.

Berlusconi confirmed the long-expected news almost casually
on Saturday, telling reporters at a training field of his AC
Milan soccer club that he had reluctantly decided to run. In an
entry on his Facebook page, he said he had tried in vain to find
a worthy successor.