Guardian Live: Reports that Italian PM Silvio Berlusconi has promised to resign after his austerity budget has passed. Thus another EU politician bites the dust folks, the internal political pressure and pressure from the bond markets was to much for Berlusconi. Although the Italian PM will go this does not solve the faulty economic structure of Italy, the 80s UK reforms of Lady Thatcher have to be imposed on Italy. The Unions and the Professions will cause resistance, and who will push through these reforms, who is the next hard man of Italian politics.
Tuesday, November 08, 2011
Berlusconi OUT - Eurozone Crisis
Guardian Live: Reports that Italian PM Silvio Berlusconi has promised to resign after his austerity budget has passed. Thus another EU politician bites the dust folks, the internal political pressure and pressure from the bond markets was to much for Berlusconi. Although the Italian PM will go this does not solve the faulty economic structure of Italy, the 80s UK reforms of Lady Thatcher have to be imposed on Italy. The Unions and the Professions will cause resistance, and who will push through these reforms, who is the next hard man of Italian politics.
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