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Italian Premier to Resign After Losing Partyâs Support
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Italy's prime minister, Monti, says he will submit his "irrevocable" resignation, after about 1 year in office, following the withdrawal of support from Berlusconi's People of Liberty party. He told president Giorgio Napolitano he would make an effort to pass the budget and a financial stability law to defer "the consequences of a government crisis" before turning in his resignation.
Assessments of the Berlusconi government in Italy
08/07/2012
Grouped Articles
Resignations Threaten Italian Coalition
New York Times 09/28/2013
Dealing a Blow to Berlusconi, an Italian Senate Panel Recommends His Expulsion
New York Times 10/04/2013
Italy Senate Committee Votes in Favor of Ousting Berlusconi
Wall Street Journal 10/06/2013
New York Times 10/26/2013
Italy’s Berlusconi Convicted in Bribery Case
Wall Street Journal 07/08/2015
Monti Says He Regrets Berlusconi Remark
Wall Street Journal 08/07/2012
The Five Star Movement of Beppe Grillo in Italy
10/01/2012
Italy's new movement which is anti-euro has seen public support go up from 4% in 2011 to 20% in 2012 in opinion polls. This party formed around Grillo's anti-establishment views and corrupt politicians won the election in Parma with little funding. Part of the popularity comes from the austerity measures taken by prime minister Monti, whom he calls "rigor Monti." Grillo supports environmental issues and describes himself as moderately liberal, at the same time he tightly controls this movement. He says his movement is similar to the movement in France of Marie Le Pen which opposes austerity measures and membership in the eurozone.
Grouped Articles
Italy Fails to Elect President
Wall Street Journal 04/19/2013
Opposition Leader Rallies Italians in Protest After President Is Re-elected
New York Times 04/21/2013
Italian Left Bolstered by Showing in Mayoral Races
Wall Street Journal 06/11/2013
In Italy, a comedian getting the last laugh - The Washington Post
Washington Post 10/01/2012
Italyâs Political Scandals Rattle Public Trust
New York Times 10/17/2012
Italyâs Center-Left Heads for a Runoff in Leadership
New York Times 11/26/2012
Mario Monti, prime minister of Italy, and his letter to the Journal defending labor reforms
04/07/2012
Grouped Articles
Italy's Labor Reforms Are Serious and Will Be Effective
Wall Street Journal 04/07/2012
Europe's Reform Pact Means Little
Wall Street Journal 04/15/2012
Wall Street Journal 04/26/2012
Monti's Mounting Italian Challenge
Wall Street Journal 06/11/2012
Why Monti, despite Merkel, could prove the euro’s best hope - The Washington Post
Washington Post 06/24/2012
Wall Street Journal 06/26/2012
Mario Monti's Labor Minister Elsa Fornero and changes to Italy's labor laws
06/24/2011
Elsa Fornero says Italy is not a place where people follow the rules, and there is a strong tendency to rig the system to tweak it in different places to benefit different groups. The last 10 goverments have failed to tackle the Workers Law put in place after the Second World War, which is out of place in today's economy. Which is why the changes she has made are so significant for Italy to regain its competitiveness and its potential, and modernize its economy. This is also one of the major positive outcomes of the current eurozone crisis. Spain has launched a similiar effort. It involves a culture change which would increase productivity and investment. It also shows that while the Merkel Christian Democrats may need to adjust the austeity programs to promote growth, some of the structural changes pushed in Europe including the formation of the Monti government are finally on the right track.
Grouped Articles
New York Times 09/25/2011
Departing EADS Chief Urges Europe to Recommit to Industry
New York Times 04/12/2012
Italy Official Seeks Culture Shift in New Law
Wall Street Journal 06/27/2012
Transcript: Italy's Labor Minister On Reforms
Wall Street Journal 06/26/2012
Italy Approves Labor Law Overhaul
Wall Street Journal 06/27/2012
Avoiding an Italian Bailout Isn't Just About the Numbers
Wall Street Journal 07/12/2012
Italy's lack of investment in human capital, information technology and the weak services sector leading to low productivity growth
06/24/2011
The head of Italy's statistics agency Istat, says Italy's manufacturing sector has performed quite well, but it is only one sixth of the economy. The larger services sector has suffered from a lack of investment in human capital and information technology, and is performing poorly, leading to larger expected declines in GDP than anticipated of 2.4% in 2012. There is a need to steer education in the direction of new job opportunities. This suggests that more than the changes to labor laws and related changes taken by Monti and Fornero will be needed to revive the Italian economy.
Grouped Articles
The Next First (and Only) 100 Days
New York Times 12/10/2011
Peterson and Hanushek: The Vital Link of Education and Prosperity
Wall Street Journal 09/11/2013
Italy’s train wars show the bumpy ride into competition - The Washington Post
Washington Post 10/29/2013
Italy: The Nation That Crushes Its Young
New York Times 10/30/2013
In Italy, High Payroll Taxes Stand in Way of Recovery
Wall Street Journal 11/18/2013
Italian Prime Minister to Resign, Clearing Path for Renzi
Wall Street Journal 02/14/2014
Fiat head Marchionne's focus on exports for operations in Italy
07/12/2010
In a presentation to prime minister Mario Monti in Sept 2012 Fiat's Marchioone emphasizes the low capacity utilixation rate of 40% at Italian plants, and the need to focus on exports. Fiat has succeeded by looking overseas, and it is planning to build Chrysler Jeep sales globally. It is a market leader in Brazil. Now he is telling Italian managers of Fiat that Italy must look outside Italy and beyond the European market for sales. With the grim situation in the Italian economy he tells Italian managers: "I am never abandoning you."
Grouped Articles
Infrastructure Enthusiasm Builds in Brazil
Wall Street Journal 08/15/2011
European Pain Relief For GM and Ford
Wall Street Journal 05/20/2013
Fiat Asks Union to Fall Into Line
Wall Street Journal 07/12/2010
Italian Economy Stops Contracting
Wall Street Journal 12/10/2013
Fiat Chrysler Gives Upbeat Outlook, Turns Profit in Europe
Wall Street Journal 01/29/2015
Fiat's Marchionne Seeks to Make Italy an Export Hub
Wall Street Journal 09/25/2012
Mario Draghi, head of the ECB, and the eurozone crisis with Italian bond yields approaching 8% in Dec. 2011
11/10/2011
Draghi addresses the issue of large scale purchases of bonds of Italy and Spain to ease pressure on bond yields, by leaving open the possibility of action if the EU countries take the necessary steps for a strict budgetary framework.
Grouped Articles
Return of Long-Term Bond Buyers Seen as Crucial to Europe
New York Times 06/29/2012
German Court to Weigh Bond Buying by E.C.B.
New York Times 06/10/2013
Europe Bonds May Offer More Value
Wall Street Journal 08/23/2013
Euro Strengthens as Fears Fade
Wall Street Journal 01/12/2013
Bonds of Italy, Spain Narrow Gap With U.S., German Yields
Wall Street Journal 04/09/2014
As Bond Markets Twist, Investors Shout
Wall Street Journal 06/10/2014
Faces in Italy as the Berlusconi era ends
11/12/2011
Grouped Articles
Resignations Threaten Italian Coalition
New York Times 09/28/2013
Dealing a Blow to Berlusconi, an Italian Senate Panel Recommends His Expulsion
New York Times 10/04/2013
Italy Senate Committee Votes in Favor of Ousting Berlusconi
Wall Street Journal 10/06/2013
New York Times 10/26/2013
Italy’s train wars show the bumpy ride into competition - The Washington Post
Washington Post 10/29/2013
Italy: The Nation That Crushes Its Young
New York Times 10/30/2013
Mario Monti, as head of the new Italian government in November 2011
11/10/2011
Former European Commissioner, Mario Monti, is the top candidate to head the new administration in Italy.
Grouped Articles
Italy's Monti Hopes Summit Win Plays at Home
Wall Street Journal 06/29/2012
Italian Prime Ministerâs Political Acrobatics
New York Times 04/28/2013
‘The European Union needs Italy’ - The Washington Post
Washington Post 10/18/2013
Italy Front-Runner Seen as Political Outsider
Wall Street Journal 11/11/2011
Rome Plan for Growth Garners EU Praise
Wall Street Journal 11/11/2011
Can Italy Put Berlusconi Behind It?
New York Times 11/10/2011
Mario Monti: Alessandra Galloni's Interview with the prime minister of Italy, August 2012
01/11/2012
Galloni talk to Monti in this important interview after the June 28, 2012 summit of European leaders. In it Monti outlines once more how he sees ECB head Draghi's role in the days ahead, the measures he has taken that are unpopular in Italy, his ideal for Europe.
Grouped Articles
Italian Left Bolstered by Showing in Mayoral Races
Wall Street Journal 06/11/2013
‘The European Union needs Italy’ - The Washington Post
Washington Post 10/18/2013
Italy Leader, Monti, Tells Germany Austerity Isn't Enough
New York Times 01/11/2012
Euro Strengthens as Fears Fade
Wall Street Journal 01/12/2013
Mario Monti: Interview Excerpts
Wall Street Journal 08/06/2012
Q&A: Italy’s Economy Minister Vittorio Grilli
Wall Street Journal 09/12/2012
Italy's Monti government's tax cut for low income earners in 2012
03/09/2012
Increase in the value added tax of 1% instead of 2%, and a one percentage point reduction in taxes for low income earners is planned for 2013 by the Monti government in Italy.
Grouped Articles
Tax Cheats Become Italyâs Public Enemy
New York Times 03/09/2012
Monti Cuts Taxes For Some Italians
Wall Street Journal 10/11/2012
Italy and Spain Win Surprise Bond Relief
Wall Street Journal 10/19/2012
Italian Premier to Resign After Losing Partyâs Support
New York Times 12/08/2012
Italian Election Isn't a Good Reason for Investors to Panic
Wall Street Journal 12/10/2012
Short term actions to save the euro taken at the Brussels negotiations on June 28, 2012
01/11/2012
Short term steps Germany agreed to when pushed hard by Italy, Spain and France, include the critical actions to let the European rescue funds to directly buy Italian and Spanish bonds on private markets to drive down bond yields, and provide direct aid to Italian and Spanish banks. The two steps were vital to restore market confidence and necessary if the European project was to be saved. The marathon negotiation stetched for 14 hours with brinksmanship, and were described by prime minister Monti of Italy as "hard and tense" but worth it.
Grouped Articles
Italy's Monti Hopes Summit Win Plays at Home
Wall Street Journal 06/29/2012
Global Markets Soar on European Breakthrough
New York Times 06/29/2012
Return of Long-Term Bond Buyers Seen as Crucial to Europe
New York Times 06/29/2012
German Election Overturns Political Order
Wall Street Journal 09/23/2013
Italy Leader, Monti, Tells Germany Austerity Isn't Enough
New York Times 01/11/2012
Euro Strengthens as Fears Fade
Wall Street Journal 01/12/2013
The focus on competitiveness by economists, credit ratings agencies, and European leaders as austerity measures alone won't work
02/05/2011
Mario Monti focusses on the need for investing in the economy in an interview with German newspaper Die Welt during a January 2011 visit to Berlin. S&P economists and Nobel winner Stiglitz also emphasize this after a downgrade of France's credit rating- the need for improved competitiveness for the economies of France, Spain Portugal and Italy.
Grouped Articles
New York Times 09/25/2011
Wall Street Journal 05/29/2013
The Next First (and Only) 100 Days
New York Times 12/10/2011
A Proud Nation Ponders How to Halt Its Slow Decline
New York Times 08/24/2013
After a Recession in Portugal, the Tiny Green Fruits of Success
New York Times 08/28/2013
France Says It Will Miss Budget Deficit Targets
Wall Street Journal 09/12/2013
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