Here we go again. The prestigious financial newspaper Financial Times expresses heavy doubts on the ability of the Italian government to manage this difficult phase. And then, underlines the FT, still sexual scandals (the alleged extortion of the entrepreneur Tarantini) undermine the political credibility of the Knight.
“The spectacle of majority politicians – writes the FT – led by Berlusconi arguing over where the cuts should be made, has already undermined the country's credibility among international investors. They are well aware that the third largest economy in the eurozone, with 1.900 trillion in debt, is too big to be bailed out like Greece”.
