What really sank Berlusconi

Nov 11, 2011 14:44

After surviving a number of sex scandals involving under-age prostitutes, charges of corruption, shady business deals, disastrous diplomatic gaffes, and accusations of abuse of power, it looked like Berlusconi had started believing he was truly untouchable. But now reality has proven him wrong.

At the end of the day, he lost his majority in Read more... )

italy, crisis

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abomvubuso November 11 2011, 15:35:58 UTC
Berlusconi might be going out, but the Right practically remains in power. At the moment the Northern League which is in his coalition could attract still one or two more parties into the rightist coalition. The Christian Democrats of Casini will be of particular importance for this. Also Gianni Letta and the senate chairman Schifani are being frequently mentioned.

Another option, one that I strongly favour, would be a cabinet consisting entirely of technocrats. It's probably the most preferred one by the markets and the centre-left parties. Italy has some positive experience with technocratic cabinets in the past. After Berlusconi crashed the first time in 1994, an expert cabinet was formed by Lamberto Dini. If they opt for this scenario again, the PM would be Mario Monti.

The "salvation" government that everyone keeps talking about in such situations looks more like a broad coalition of politicians from all across the spectrum. Although it's very unlikely, such a coalition could be lead by the former Socialist PM Amato.

Berlusconi himself prefers elections. His ally Umberto Bossi (the Northern League leader) also prefers this because they've been gaining popularity. But the markets favour this scenario the least.

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nairiporter November 11 2011, 15:42:08 UTC
Right now your favourite scenario looks the most probable one:

https://www.youtube.com/watch?v=mLlQQ8NbBtU

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