Italy turns. Berlusconi falls.

21:34 local time

Nov 12th 2011: Berlusconi resigns.

 

Berlusconi government falls with no more national and international credibility. After he denied the existence of economic crisis in Italy and did not anything to solve the italian structural problems of economic growth, exposing Italy more than any other country default risk. 

The Berlusconi government in these three years only tried to do laws against press and justice, blocked by a huge illiberal conflict of interest. Now everybody wait for a new liberal (this time really!) government with the new PM Monti, which sets good example, cutting privileges and fighting corruption, anti-meritocratic systems , tax evasion and doing antitrust actions before anything else. This requires that all Italian Parties put their face in this project with responability for Italy and Europe. Then in 2013 new elections will be possible with a new electoral system.

Probably tomorrow or at least Monday, the new "National Unity" Government led by Mario Monti