Word: prodis
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...Mussolini. The 1,079 firms in IRI's portfolio include Alfa Romeo, Alitalia airline and Banca Commerciale Italiana, the country's second-largest bank. While this leviathan was losing nearly $2 billion a year, previous governments had been reluctant to touch it. Craxi encouraged IRI's new president, Romano Prodi, to take bold action. He promptly laid off 47,000 unionized workers and raised more than $3 billion by selling all or part of 35 companies and other holdings...
...Testament gaze and sucked-in gums make the American Gothic farmer seem as jolly as a game-show host. But most of the performers bring craft and conviction to their roles. Shepard is especially fine. This gifted young playwright, whose works show an inside knowledge of America's prodi gal sons, now threatens to become a movie star. His whip-thin body coils itself around a character. In this difficult, not altogether plausible part, he menaces and mesmerizes...
...Prodi says he is convinced that with a "clear economic policy," thus far prevented by tenuous coalitions, the government can solve mounting problems of capital outflow and 15 per cent annual inflation...
Should economic problems continue to grip the nation, the current crisis could result in revolution and this is a primary concern for Prodi. However, after economic stresses subside, Italy faces "a challenge no other countries have" in controlling the social unrest which accompanies inflation, he said...
...Italy is the only West European nation where factory owners and workers are of the same nationality. In other countries the humblest workers are foreigners; in Italy they are Italians," Prodi said...