It took Romano Prodi only a few months to dash hopes that his center-left government would be a reformist one. After a good start in deregulating some of Italy's service sectors and moving to lower government expenditures, the prime minister is back on traditional ground, pushing higher taxes and economic protectionism.
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Mr. Prodi's problem is that he wants to be seen as a passionate left-winger and a liberal reformer. He can't be both. If he wants, as he claims, to revive Italy's economy, the reformer instinct will have to win out.
and The Economist …
Those who hoped that Romano Prodi's centre-left government would end the three-card-trick techniques of public accounting so dear to his centre-right predecessor, Silvio Berlusconi, must have been disappointed by its first budget.
Sorry to read this ...
ReplyDeleteThere's a political mess here in Belgium. The provincial, district and city elections are over ... now to work out the coalitions.
It might take a while.