06 August 2012

ITALY / GERMANY : Berlusconi's Newspaper Gets Nasty With Merkel...Comparing Her To Nazis; PM Monti Angers Berlin.

http://www.dailymail.co.uk/news/article-2184447/Italian-newspaper-owned-Silvio-Berlusconi-prints-page-headline-saying-Fourth-Reich-picture-German-chancellor-Angela-Merkel.html

     Not long ago...it was Greek media comparing German Chancellor Angela Merkel...to the Nazis of WW2...because of her severe austerity demands.
    On Friday...Il Giornale...an Italian newspaper owned by ex-PM Silvio Berlusconi...ran a front page foto of her with a Nazi like salute...under the big, bold headline...that translates as 'The 4th Reich.'
    The article was accusatory...and highly inflammatory.
     Recently...Berlusconi has been making noises about running again...under a new party label.
     He has also hinted about leaving the eurozone...and returning to the lira.
     His newspaper has repeatedly attacked technocrat PM Mario Monti for not standing-up to Merkel.
       AND : The USA's S/P ratings agency has downgraded 15 of Italy's biggest banks.
      In February...S/P dropped ratings on 34 banks there.
      These new ratings downgrades are a severe blow to PM Monti's contention in an interview with DER SPIEGEL that Italy doesn't need EU money...just moral support.
http://www.spiegel.de/international/europe/monti-comments-on-parliaments-in-euro-crisis-anger-german-politicians-a-848455.html