I understand his decision, too many clowns run the show in euro crisis. They are not intentionly to solve the problems together but just making noise. He tried hard, but time to leave. Let those clowns solve their problems their ways.
Mario Monti's resignation
However understandable his decision, Mario Montiís announcement of his intention to resign as prime minister will inflict serious, short-term damage. It means his government will come to an end in a premature, probably disorderly and possibly chaotic fashion. Mr Monti told Giorgio Napolitano, the president, on December 8th that he would step down as soon as the 2013 budget was passed. But it looks as if much else his government had been working on in recent months will now not be approved (or, in the case of measures introduced by decree, confirmed) in parliament. Legislation doomed or in jeopardy includes bills on competition, taxation ... (full story)
- Posted: Dec 9, 2012 5:53pm
- Submitted by:Category: Fundamental AnalysisComments: 20 / Views: 2,653