Merkel and Monti According to reliable sources ( Repubblica ), there would be a new ' Pact of steel ' between Germany and Italy , which are very reminiscent of those of 1939 ... The Presidents of the Italian Government Monti and the President of Germany Government Merkel should announce it in a few days. It is a political and economic agreement: Synchronization policy : try to steer Germany to the eurobond and the Golden Rule, or the ability to predict a favorable treatment for investments (up to scorporarli at all) in the count of the deficit. It will, in practice, the synchronization process of ratification of the European Stability Mechanism ( ESM ) in the parliaments of Rome and Berlin, the same day. This project seems to be at an advanced stage of discussion, but will also mean that Italy will not go back , in respect the decisions on economic policy , since it is linked with the Pact of Steel with Germany .. We'll see interesting things in the fut...
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