Saturday 12 November 2011

Draghi With Monti

The Director of the European Central Bank, Mario Draghi, has arrived at palazzo Giustiniano for talks with Senator Mario Monti.  (Good name 'Mario'.)

If Mr Berlusconi resigns today then it will be Senator Monti who runs the caretaker government up to early elections, should his planned administration not receive a vote of confidence.   Which is a great deal better than having ages more Berlusconi and elections run under his government.  By moving so swiftly, in hours not weeks or month before Berlusconi would have to resign, the President has stripped Berlusconi of a major weapon - his control over large sections of the Italian media.

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