日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Debt-laden Sicily risks becoming 'Greece of Italy'

Updated: 2012-08-05 08:02

By Rachel Donadio(The New York Times)

  Print Mail Large Medium  Small

PALERMO, Sicily - As Prime Minister Mario Monti fights to protect Italy from the contagion driving up its borrowing costs to perilous levels, one region in particular has been in the spotlight: Sicily, which some fear has become "the Greece of Italy" and is at risk of defaulting on its high public debts.

 Debt-laden Sicily risks becoming 'Greece of Italy'

Raffaele Lombardo, Sicily's former regional president, rejects criticism. "Sicily is at risk of default because Italy is at risk of default," he said. Gianni Cipriano for The New York Times

Mr. Monti wrote to Sicily's regional president in mid-July warning that he had "serious concerns." A day before, an official in the Sicily branch of Italy's leading industrialists' association called for the island to be put into receivership by the central government to clean up its finances.

When headlines about a potential Sicilian default ricocheted around the globe, the government quickly played down concerns and said it would send 400 million euros, about $486 million, to ease Sicily's liquidity crunch so it could continue to pay salaries and pensions. One government official said that Mr. Monti's letter had been intended for a domestic audience and that Sicily's problems could not spread to other Italian regions.

But with Europe's debt crisis, local politics quickly become international problems. The flare-up over Sicily highlights the challenges that Mr. Monti is facing in trying to use pressure from European leaders and international markets to push Italy's politicians to cut costs. Those expenses have ballooned after decades of a patronage system in which the state has been the primary means of employment in Sicily.

It was also a stark reminder of Italy's national fragility as Mr. Monti struggles to prevent the country from requiring a bailout that would come with the onerous terms that have plagued the Greek and Spanish economies. On July 20, the Milan stock market dropped nearly 5 percent, and the difference in interest rates on Italian and German bonds rose to its highest levels in months.

In an interview on July 20, Raffaele Lombardo, at the time Sicily's regional president since 2008, rejected the criticism.

"Sicily is at risk of default because Italy is at risk of default," Mr. Lombardo said. "We cut expenses, but we don't grow. It's a spiral that is going to bring us to the abyss."

When the two met in Rome on July 24, Mr. Monti imposed a strict regime of spending cuts. Mr. Lombardo stepped down at the end of July. The move is expected to give Mr. Monti slightly more muscle in reining in spending.

But many critics say Italy - and Sicily in particular - has been driven into dire financial straits not by austerity but by the rampant public spending of the past, the product of an entrenched jobs-for-votes system that helped keep Italian governments in power. Today, Sicily's regional government has 1,800 employees and the island employs 26,000 auxiliary forest rangers; in the vast forestlands of British Columbia, there are fewer than 1,500.

Debt-laden Sicily risks becoming 'Greece of Italy'

Out of a population of five million people in Sicily, the state directly or indirectly employs more than 100,000 of them and pays pensions to many more. Mr. Lombardo said state workers have job protection.

In June, Italy's audit court issued a scathing report saying that Sicily had 7 billion euros, about $8.5 billion, of liabilities at the end of 2011 and showed "signs of unstoppable decline." Sicily's unemployment rate is 19.5 percent, twice the national average, and 38.8 percent of young people do not have jobs.

Many Sicilians, for their part, take a world-weary view of the political class. "If I steal a little, I go to jail; if I steal a lot, I advance my career," Gioacchino De Giorgi, 34, said as he worked in a tobacco shop in Palermo.

He said he was worried about the future. "You've seen what happened to Greece, what happened to Spain," he said. "It will happen here."

Gaia Pianigiani contributed reporting from Rome.

The New York Times

(China Daily 08/05/2012 page10)

主站蜘蛛池模板: 天天爽夜夜爽视频 | 国产一区综合 | 欧美在线网站 | 欧美日韩一区二区在线观看视频 | 亚洲综合网av | 午夜生活片 | 日韩国产精品一区二区 | 欧美一区二区三区网站 | 久久久久亚洲精品国产 | 精品国产一区二区在线 | 久久久二区 | 97在线公开视频 | 亚洲久久在线 | 亚洲美女在线观看 | 亚洲一级黄色 | 写真福利片hd在线播放 | 九色在线视频 | 粉嫩av四季av绯色av | 四虎影院久久 | 都市激情中文字幕 | 日韩av中文字幕在线播放 | 欧美一级片免费看 | 色小姐综合网 | 国产传媒免费在线观看 | 一级片免费网站 | 午夜在线视频 | 日韩精品www | 亚洲视频网站在线观看 | 国产视频福利在线 | 91国产网站 | 亚洲在线看 | xxxx日韩| 日本在线视频一区二区 | a在线天堂 | 黄色片网站在线观看 | 欧美综合一区二区三区 | 日韩一级在线观看 | 欧美爱爱视频 | 一二三四区在线 | 成人久久免费视频 | 91丝袜呻吟高潮美腿白嫩 |