Archive Report
Archive Report
Fear of Econemic and Political Chaos
End to Italu's Longest Governmental Crisis
Italy, one of the world's largest industrial democracies, is now at the top of everybody's list of European nations ripe for collapse. Nearly all of the political, social and economic indicators point in that direction. Italy's allies in the North Atlantic Treaty Organization and the European Economic Community (Common Market) wonder nervously how much longer the republic's frail parliamentary system will be able to withstand the pressures bearing upon it. The country is beset by labor unrest, a 25 percent inflation, terrorist violence, bureaucratic inertia, governmental instability, and a breakdown in many public services.
Following the resignation of Prime Minister Mariano Rumor on Oct. 3, Italians underwent a 51-day political crisis during which no party, ...