New Cabinet.
New PM Mario Monti set up a new cabinet for Italy yesterday with not one single politician – but lots of bankers and CEOs!
From Reuters:
ROME (AP) — Premier Mario Monti formed a new Italian government without a single politician Wednesday, drawing upon bankers, diplomats and business executives for a team to steer Italy away from financial disaster.
[..] “I think the quality of the people is very high,” said Roberto D’Alimonte, a political science professor at Rome’s LUISS University. “All these people are very high-caliber, and highly respected, independent.”
Yet still his choices raised some eyebrows.
“This government — ties to banks, to business, to the Vatican, to private universities, to the usual names — is the opposite of what this country needs,” said Paolo Ferrero, leader of a tiny, far-left party.
On a side-note; how about this for some tough austerity measures:
Parliament last week voted to raise the retirement age as part of an austerity package to 67 by 2026 and 70 by 2050, but critics say those reforms are meaningless because they are so far in the future.
We’ll deal with the deficit yes yes – 39 years from now.
