Word: fanfani
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Dates: during 1980-1989
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...issues, at Williamsburg he should have comfort in numbers. Three of his fellow leaders - British Prime Minister Margaret Thatcher, Japanese Prime Minister Yasuhiro Nakasone and West Germany's Kohl - share many of Reagan's economic and social philosophies. The others -Mitterrand, Trudeau and Italian Prime Minister Amintore Fanfani - lean more to the center and the left...
...billion amounts to fully 15.5% of the gross national product, and threatens if unchecked to push inflation, currently at 16.5%, to 21% during the year ahead while holding back growth to no more than about 1.5%. Even so, the newly formed coalition headed by Christian Democrat Prime Minister Amintore Fanfani is in no position to cut the budget deficit to the 11% of G.N.P. that most economists say is necessary, suggesting that Italy will remain mired in stagflation no matter what happens to other Community members during the year...
...anyone seemed capable of resolving the crisis, it was Fanfani. Four times Prime Minister in the 1950s and early '60s, the Tuscany-born Fanfani was known both as il Padrino (the Godfather) and, because of his ability to bounce back from political adversity, the 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...
...first, Craxi had insisted on either a short-term government with elections in the spring or else immediate elections; either, he hoped, would strengthen the Socialists' hand. But, after discussing the issue with Fanfani, Craxi apparently agreed not to raise the question for the moment and called on the Prime Minister-designate "to do quickly all that was possible to be done quickly...
This week Fanfani may begin the daunting task of assembling a new coalition from the same fractious parties that tore apart the last government. Success is hardly assured: interparty feuding could quickly end a fledgling government or precipitate fresh elections before Fanfani can form a Cabinet...