The honeymoon is over for Italy’s technocrat Prime Minister Mario Monti and the guessing game has started over whether he will compete in the elections in 2013. Either way he hopes to maintain a high profile in politics.

ITALIAN politics is suddenly hard to decipher after some 15 years of relative stability.

It all began in November 2011 when Prime Minister Silvio Berlusconi’s government appeared manifestly unable to reassure the international community about Italy’s ability to serve its large public debt.

To be fair, the budget deficit was significant, but not out of control. But the internation...

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Professor Enrico Colombatto
Mr Bersani would not have wanted to be openly critical of Mr Monti but continuing support for his government would have made a deal with the extreme left hard to achieve. It would have also raised a few eyebrows among a substantial number of the more traditional, left-wing voters
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