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Will Italy Get the Full Monti on Reform?
Keywords:
The prospects for a coalition government of the PD of Luigi Bersani and the parties supporting outgoing prime minister Mario Monti. This is the best outcome for the eurozone and for lowering Italy's borrowing costs on debt.
The collapse of Italy's leading candidate for prime minister in April 2013- Pier Luigi Bersani
12/10/2012
Bersani's PD party leads with about 35% of the vote in polls before elections on Feb 24-25, 2013. A coalition government with centrist parties led by Mario Monti, whose support ranges from 10-14% is one of the possible scenarios. Austerity measures taken by the Monti government in 2012 have adversely affected its support. The business community in Italy and the EU countries support Monti, because of his credibility with financial markets and the need to keep Italy's borrowing costs low.
Grouped Articles
Italy Fails to Elect President
Wall Street Journal 04/19/2013
Italy Party Leader to Resign, Deepening Gridlock
Wall Street Journal 04/20/2013
Opposition Leader Rallies Italians in Protest After President Is Re-elected
New York Times 04/21/2013
Italian Prime Ministerâs Political Acrobatics
New York Times 04/28/2013
Italian Left Bolstered by Showing in Mayoral Races
Wall Street Journal 06/11/2013
Italy Front-Runner Vows Steady Hand
Wall Street Journal 12/10/2012
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
Italy- government debt, credit ratings, and borrowing costs 2010-2013
05/14/2010
Italy's borrowing costs went up to 5.7% a week after the July 22, 2011 eurozone debt deal for Greece.
Grouped Articles
Return of Long-Term Bond Buyers Seen as Crucial to Europe
New York Times 06/29/2012
Italian Vote Turns in Bonds' Favor
Wall Street Journal 04/23/2013
Italy Urged to Resist a Relapse in Spending
Wall Street Journal 05/03/2013
Wall Street Journal 05/14/2010
Europe Bonds May Offer More Value
Wall Street Journal 08/23/2013
The Key to Italy's Rating Is Kept in Canada
Wall Street Journal 11/02/2013
Italy's labor laws and the impact on business activity
06/11/2011
Most businesses remain small fearing the risks of taking on new employees because of labor laws that make it very difficult to layoff employees. The president of a large Italian construction company, Condotte, says it is easier to separate from his wife than layoff an employee in Italy.
Grouped Articles
Can Italy Find Its Way? Resistance to Change Means Slow Recovery
Wall Street Journal 04/30/2014
The Secret Behind Italy’s Favorite New Film
New York Times 01/14/2016
BusinessWeek 11/16/2011
Italy Plans New Measures to Liberalize Economy
New York Times 01/20/2012
Mario Monti and Italy's Generational Crisis | Foreign Affairs
Foreign Affairs 02/14/2012
Wall Street Journal 02/24/2012
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 and the Feb. 24, 2013 general elections in Italy
01/11/2012
Grouped Articles
Italian Prime Ministerâs Political Acrobatics
New York Times 04/28/2013
Italy Leader, Monti, Tells Germany Austerity Isn't Enough
New York Times 01/11/2012
Monti Details His Game Plan for Election
Wall Street Journal 12/28/2012
Turmoil Returns to Europe Markets
Wall Street Journal 02/04/2013
Italy’s election: When cynics rule
Economist 02/22/2013
Italy’s election: Long after the party
Economist 02/22/2013
The "Attachini," posters and Italy's elections- democracy at work in Italy
02/21/2013
A look at how Italy's political parties get their message across, and the efforts to plaster Rome and other cities with posters. With restrictions on the use of television in political advertising, and with only 63% of Italians connected to the internet, there is greater emphasis on posters.
Grouped Articles
Italy Fails to Elect President
Wall Street Journal 04/19/2013
Plastered, Rome Is Ready for the Elections
Wall Street Journal 02/21/2013
Success of Five Star Movement Shows Italyâs Anger
New York Times 02/21/2013
Will Italy Get the Full Monti on Reform?
Wall Street Journal 02/23/2013
Italy Set to Vote for a New Parliament
New York Times 02/23/2013
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 business climate
06/11/2011
Grouped Articles
Italy’s train wars show the bumpy ride into competition - The Washington Post
Washington Post 10/29/2013
Can Italy Find Its Way? Resistance to Change Means Slow Recovery
Wall Street Journal 04/30/2014
Italy Faces a Long List of Barriers to Growth
New York Times 07/28/2011
Italy Cuts Criticized by Unions
Wall Street Journal 08/15/2011
Italy Seeks to Tackle Youth Jobless Problem
Wall Street Journal 08/22/2011
In Italy and America, the Affliction of Comfort
New York Times 09/17/2011
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
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