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(EU-appointed PM Mario) Monti warns of tears in Italy's social fabric
Reuters ^ | Sun May 13, 2012 2:56pm EDT | (Reporting By Gavin Jones; Editing by Maria Golovnina)

Posted on 05/13/2012 11:24:01 PM PDT by Olog-hai

Italy's social fabric is being torn by recession and tensions are growing among its citizens, Prime Minister Mario Monti said on Sunday.

Speaking to a group of students in the central Italian town of Arezzo, Monti urged Italians to stick together and "not give up" in the face of a shrinking economy and rising unemployment.

Monti's technocrat government has imposed painful austerity measures since taking office last year, and in recent days ministers have responded to calls from politicians and the media to show more compassion for the plight of ordinary Italians.

"The country is now marked by profound social tensions," Monti said. "It's inevitable that social unease is increasing, that job insecurity fuels a sense of suffering, that there are serious signs of tears in social cohesion." …

The public tax collection agency, Equitalia, has been the target of a string of letter bomb and petrol bomb attacks, taking the brunt of citizens' anger in the face of a credit squeeze and €24 billion ($30.9 billion) of tax hikes this year. …

Monti's popularity has fallen sharply this year and the parties supporting him in parliament have become increasingly critical. …

(Excerpt) Read more at reuters.com ...


TOPICS: Crime/Corruption; Culture/Society; Government; News/Current Events
KEYWORDS: austerity; europeanunion; eussr; extremism; fascism; italy; recession; technocracy

1 posted on 05/13/2012 11:24:21 PM PDT by Olog-hai
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