As some of you know, I am an Italian citizen and a very proud one. With the recent changes in the country, many people have asked for my thoughts on what will happen to Italy moving forward. I feel that Italian politics have consistently undermined a nation that is full of creative, passionate and intelligent people. It is, therefore, at this moment in time in which we find Italy embroiled in economic dire straits, that I see an opportunity for Italy to make a clean break from the turmoil it has known for more than half a century. (Note: There have been 60 governments since Italy was established as a Republic in 1946).
Silvio Berlusconi’s resignation this month marked the beginning of change. Berlusconi was in “charge” of Italy for 8 ½ years and during his tenure, Italy’s economy lost ground, moving from the 7th largest economy in the world down to 8th, while growing by less than any other country in the world (except for Zimbabwe and Haiti). Italy ranks 87th in the World Bank’s Ease of Doing Business survey, behind Albania and ranks 67th in Transparency International’s Corruption Perception Index, behind Rwanda and several other African nations. Thank you Silvio…your name will be synonymous with your “bunga bunga” escapades, corruption, deception, self-promotion and ineptitude.