News: monti govt ? is it far away ?
(Categoria: equities EU)
Inviato da Antonio Lengua
mer 09 novembre 2011 - 14:46:15

Napolitano has discussed with finance MInister Tremonti details of the austerity plan. The Senate commission is waiting for this plan, to discuss and bring it to the vote at the senate as soon as possible.

The oppositions said this morning they will help a quick approval both of the austerity package at senate and lower house , so that berlusconi can resign.

After that ?
this morning markets have begun to price in early elections and a lasting paralysis of italian political world.

There is another solution : Mario Monti premier, supported by all oppositions (exluding di pietro's idv), helped, especially at the senate, by many MPs leaving from Berlusconi's PDL. A technocrat's governemnt, whose aim is to bring italian accounts under control, valid not only for some months but until the end of this legislature (2013). Sad to say, a Monti Govt, lasting until 2013, would also match many inidvidual MPs interests, of having the life pension, a right which for around 350 of them is triggered in autumn 2012.

While I write, i read the rumor that there could be an ECB emergency meeting.



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