Latest News:  
Beijing   Overcast/Light rain    10 / 6   City Forecast

People's Daily Online>>World

Italian Parliament passed austerity measures

(Xinhua)

12:21, November 13, 2011

ROME, Nov. 12 (Xinhua) - The Italian Parliament passed on Saturday a package of austerity measures demanded by the European Union (EU), paving the way for Prime Minister Silvio Berlusconi to resign and allow President Giorgio Napolitano to form a new government.

The lower house, or the House of Deputies, completed its vote on Saturday with 380 votes in favor, 26 in opposition and 2 abstention, after the budget package designed to restore markets' confidence had received the approval of the parliament's upper chamber, or the Senate on Friday.

Berlusconi had announced earlier this week that he would resign after these measures were approved in both houses of parliament, following a vote on Tuesday in which he lost the majority in the House.

After Berlusconi's resignation, President Giorgio Napolitano will start consultations with parties as soon as Saturday or Sunday, trying to form a new emergency technocrat government.

If such efforts fail, Napolitano would dissolve the parliament and call a snap election.

Respected economist and former European commissioner Mario Monti was nominated Wednesday by the president as a senator for life, which was seen by local media as a clear sign that he would be the best choice to replace Berlusconi.

In a signal that Monti himself was trying to consult as much as possible before the possible mandate, he met on Saturday in Rome with the new president of the European Central Bank (ECB), Mario Draghi.

After the meeting with new ECB's president, he had a meeting with Berlusconi which lasted for more than two hours, according to local news agency Ansa.

The Democratic Party, the country's largest opposition party, said it would support the idea of a technocrat government, but a consistent part of Berlusconi's coalition is seeking early elections.

Italian main industrial associations and trade unions pleaded Friday with politicians to agree on the formation of an emergency technocrat government.

"Waiting time is over. On Monday Italy must have a new emergency government with strong leadership and a larger consensus in Parliament," they said in a statement.

"All political forces, without exception, must contribute. Those who avoid this commitment will be responsible for leading the country in a dramatic situation of no return," the statement said.

 
 
     
 
 
 
     
 
 
 
  We Recommend  
 
 
 
     
 
 

Email|Print|Comments(Editor:张洪宇)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. In pictures: Shenzhou-8 re-docks with Tiangong-1

  2. China's JF-17 fighter debuts in Middle East

  3. Pure gold prizes fake: Olympic champion

  4. "Water curtain cave" in central China

Most Popular

Opinions

  1. Second-power status brings many risks
  2. China model can absorb best of the West
  3. India's increasing troop may go nowhere
  4. Alert : Another war is coming?
  5. Rising food prices endanger Asia's poor
  6. Monopoly probe should not be a go-to-jail card
  7. AirSea Battle plan renews old hostility
  8. US rule of TPP halts natural expansion
  9. China in APEC: a mutually beneficial endeavor
  10. World hopes APEC can kick-start economy

What's happening in China

Fired up performance in Anhui

  1. China's domestic autos adapting well
  2. Large-scale carbon fiber plant opens in Jiangsu
  3. Central firms donated 1.7 bln RMB this year
  4. Most Chinese get HIV via sex vs. other means
  5. China needs more CSR practices

PD Online Data

  1. Yangge in Shaanxi
  2. Gaoqiao in Northern China
  3. The drum dance in Ansai
  4. Shehuo in Baoji City
  5. The dragon dance