Commenting on new Italian Government announced this afternoon, Paolo Ferrero, Communist Refoundation, said:
“We don’t like this government: it is an expression of powerful vested interests from that world that has brought us to this crisis.
This government, tied to banks, corporations, to private universities, to the usual suspects is against the needs of the country.
Italy needs to question European policies that are at the centre of the [financial] speculation while this government is the direct expression of the powerful and of the neo-liberal ideology that has forged those mistaken policies.
[The choice of ministers] strengthens our opposition to this government, which far from being technical is a government of the [corporate/banking] lobby and powerful vested interests.
The people should have decided and the decision not to hold early elections is a grave error for which unfortunately the Italians will pay.”
From Ferrero’s Blog http://lnx.paoloferrero.it/blog/?p=4202
Here’s the FT on new cabinet
Prime Minister: Mario Monti
Finance Minister: Mario Monti
Cabinet undersecretary/deputy prime minister: Antonio Catricala, the current head of Italy’s anti-trust regulator
Economic Development: Corrado Passera, head of bank Intesa Sanpaolo
Justice: Paola Severino, lawyer and academic
Interior: Anna Maria Cancellieri, civil servant
Foreign: Giulio Terzi di Sant’ Agata, former ambassdor
Education: Francesco Profumo, head of national research institute and academic
Welfare: Elsa Fornero, university professor