italy: a very political crisis

David Broder looks at the crisis in Italy and its meaning for Europe

“I couldn’t give a fuck. In a few months I’m going to go away and mind my own fucking business. I’m leaving this shitty country, it makes me feel sick”
– Silvio Berlusconi, 1st September

On 29th September Italy’s Corriere della Sera published a letter previously sent to Silvio Berlusconi, demanding that he make sweeping cuts in government spending and ‘reforms’ in labour laws to push down employers’ costs.

A changing of the guard? Berlusconi is mired in economic malaise and personal scandal

The letter, originally sent to the Italian PM on 5th August by the heads of the European Central Bank (ECB) and Bank of Italy, reflected the ruling class pressure to slash workers’ rights and public service provision in Italy, in the name of ‘reducing the deficit’. ECB power over Italy is very real, as it buys vast quantities of Italian bonds just to keep it afloat. Continue reading “italy: a very political crisis”

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