Word: craxi
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...Tuscan Pony. Despite his antiCommunist, anti-abortion stands, he gained a reputation as a pragmatist, forming the country's first left-of-center coalition with the Socialists in 1962. His ability to compromise was quickly put to use last week to mollify the present-day Socialists under Bettino Craxi...
...Minister Andreas Papandreou swept to power last year on a wave of popular enthusiasm for promises of change, and Felipe González has now joined that socialist surge. Even in Italy, where centrist Prime Minister Giovanni Spadolini still leads a shaky five-party coalition, the Socialists under Bettino Craxi have made steady gains in the polls and are poised to offer an alternative to the two major parties, the Christian Democrats and the Communists...
...austerity program designed to boost industrial production, reduce the balance of payments deficit and curb inflation. A renegade group of Christian Democrats broke party discipline and rejected a government proposal aimed at squeezing more tax revenues from the oil industry. Charging that the country was "ungovernable," Socialist Leader Bettino Craxi withdrew his party's seven ministers from the Cabinet. Given Craxi's barely concealed ambition to become Italy's first postwar Socialist Prime Minister, the crisis had all the earmarks of a Socialist power play...
...Craxi miscalculated. Interrupting his vacation in the Dolomites, Italian President Sandro Pertini, 85, rushed to Rome and asked Spadolini to form a new government. A lifelong Socialist, Pertini then reportedly reminded Craxi that in Italian politics the party that precipitates early elections usually suffers the most at the ballot box. Ultimately, Craxi appears to have been influenced by an equally persuasive fear: that the Communists would abstain in key parliamentary votes, allowing a minority government without the Socialists to stay in power...
...first time that the snipers had sabotaged legislation by the Spadolini coalition, but in the past, the defeated measures usually were soon rewritten and passed on a vote of confidence. This time Craxi seemed to be deliberately seeking to force new elections some time in the autumn in the hope of increasing the Socialists' 10% share of the national vote. Encouraged by healthy Socialist gains in recent local elections, Craxi has made no secret of his ambition to become Italy's first postwar Socialist Prime Minister...