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La Repubblica - Italy | Tuesday, December 20, 2005

Antonio Fazio finally resigns

Following the resignation of the governor of the Bank of Italy after months of financial scandal, the Roman daily's founder, Eugenio Scalfari, expresses concern over the functioning of Italy's institutions and the collusion between the political and buisiness spheres. "Antonio Fazio has stepped down, and if I am tempted to say 'finally' it is not with a sense of joy but a feeling of deep sadness. (...) Over the past few months, the government has demonstrated its worrying inability to take decisions, torn between friends and foes of the governor and a Council president who is always on the run. (...). The government makes laws, institutions uphold them. When they are violated, judges intervene. That is how democratic regimes operate and that is what we want for our country."

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