Domenica, 23 Settembre 2018

Germany warns of 'dangerous' situation if Italy halts reform


Berlin, December 11 - Dire warnings were issued
from Berlin Tuesday as Germany's government fretted over the
effects on the rest of Europe if Italy's new government changes
fiscal direction.
"If Italy were to break from the path of reform, this would
be a dangerous development for Europe," said Guido Westerwelle.
Germany's foreign affairs minister.
As he spoke, German Chancellor Angela Merkel told a press
conference that she supports "what (Italian Premier) Mario Monti
has put in place for reforms".
Monti rattled many with his weekend announcement that he
would resign from office after his 2013 budget law is passed.
The technocrat premier took that position after ex-premier
Silvio Berlusconi's People of Freedom (PdL) party withdrew its
support from Monti's emergency government, triggering early
When those elections occur, Italian voters "will vote in a
way to guarantee that Italy stays on the right path," Merkel
Still, Germany's concerns suggest international players are
worried about Monti's departure and a return of Berlusconi, who
confirmed Saturday he had reconsidered plans to retire from
politics and would instead stand for a fourth term as Italian
premier at upcoming national elections.
In response, Berlusconi complained Tuesday that Monti has
been "too German-centric" as he blasted the effects of the
austerity measures Monti's administration has introduced in
order to steer Italy away from the centre of the eurozone
Monti came to power at the helm of an administration of
unelected technocrats a year ago when Berlusconi was forced to
quit as premier with Italy's debt crisis threatening to spiral
out of control.

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