Italian President Mateo Renzi was seen by international and local politicians, including supporters of his advocacy as the “demolition man” who would introduce reforms and change the “old” system that has slowed down Italy’s progress. However, his government and cabinet had been involved in a series of organised crimes and public administration scandals.
Worse still, his reform agenda is progressing slowly, with resistant politicians still trying to hold the fort.
Renzi still argues his reforms are essential to help Italy gain international investment.
Italy’s government is still at negative growth with a 13.2% unemployment rate and a debt ratio of 132.6%. He has pushed the “Jobs Act” labour reform designed to encourage local businesses and employees to take up occupations. However, Standard and Poor has downgraded Italy to a “BBB-“ rating.
The passing of the “Jobs Act” had been challenged by the opposition after the ‘Roma Caput Mafia’ involved 37 people with administrative roles in Italy had been arrested for Mafia-type crime that included traditional usury, bribery, extortion and money lending.
One Roman Godfather may have also attended a Renzi fundraising dinner in November. Labour Minister Giuliano Poletti had been seen having dinner with Mafia Boss Salvatore Buzzi.
Italy has yet to see how Renzi will handle everything that is happening and how he could reverse the negative progress that it had contributed to Italy.