Word: prodi
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Dates: during 1990-1999
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...ROMANO PRODI Tapped to be European Union's chief executive, a.k.a. top banana in the trade wars...
...that's not only because he's committed to a "caring capitalism" rather than any kind of socialism. "This government will pursue exactly the same economic policies as its predecessor," says TIME's Rome correspondent Greg Burke. "They're going to submit the same budget that brought down Romano Prodi, and this time it'll sail through...
...business as usual, why did Italy go through the trauma of trashing Prodi two weeks ago? "Because Italian politics isn't logical," says Burke. "Once again, you've got a very fragile government composed of nine parties, ranging from Communists to the center-right, each of them able to hold D'Alema hostage." In other words, don't bet that the 56th government in 53 years will restore Italy's one-government-per-year average...
...activation order," which mandates the generals to give the attack order. That can't happen before Germany's new parliament convenes, which is unlikely to be before Monday. And then there's the matter of getting a signature out of Italy, whose government collapsed Friday. "Despite resigning, Romano Prodi could sign the order on his way out, but he may be reluctant to do so if he thinks it'll impede his attempts to make a comeback," says TIME correspondent Douglas Waller...
...President Oscar Luigi Scalfaro may opt for a technocratic manager from outside of politics to form a caretaker government until the next elections. Italy has seen this all before -- at two and a half years, Prodi's tenure was Italy's second longest in postwar history -- which may explain why Milan's stock exchange climbed despite the government's collapse...