Martedì, 23 Ottobre 2018

Financial Times columnist says Monti not right for Italy


Rome, January 21 - His critics and political
opponents seized Monday on an editorial in Britain's respected
Financial Times newspaper that said outgoing Premier Mario Monti
should not return to the post.
The editorial published Monday said that Monti, who was
appointed 14 months ago to head a technocratic government,
failed to make the promised reforms and instead only raised
"His narrative has been that he saved Italy from the brink,
or rather from Silvio Berlusconi, his predecessor," wrote
columnist Wolfgang Munchau.
"A fall in bond yields has played into this narrative, but
most Italians know they owe this to another Mario – Draghi,
president of the European Central Bank".
Such criticisms were music to the ears of Monti's many
opponents in the general elections slated for February 24 and
February 25.
"What the Italians are understanding is that the right man
to guide the country is Pier Luigi Bersani," leader of the
center-left Democratic Party, said the party's House
vice-president Marina Sereni.
The column makes clear that although Italians have suffered
"a series of measures (requiring) blood, sweat and tears," under
Monti with Germany's encouragement, the country is not better
off, added Renato Brunetta, of the People of Freedom (PdL) party
established by ex-premier Berlusconi.
Responding to the article, Monti said he expected the
criticism from Munchau, "a columnist who has had a long-running
feud with (German Chancellor Angela) Merkel" and the eurozone.

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