Skip to main content

Water privatization: probably another reason for which the EFD wanted to get rid of Berlusconi


Through a secret letter, the European Financial Dictatorship (EFD), demanded from Berlusconi to privatize water, among other things. "The Berlusconi government adopted several proposals of the ECB letter. However it did not include the liberalization of water services."

From epsu.org :

With many actions and including civil disobedience, the Italian organizations that form the Italian Water Movement forced the Italian government of former European Commissioner Mario Monti to withdraw a proposal to liberalise water services 19 January 2012. The Italian people spoke out in large majority (>90%) against the liberalization and privatisation of the water services in June 2011.

However the European Central Bank demanded that Italy do exactly that and have a “comprehensive, far-reaching and credible reform strategy, including the full liberalisation of local public services and of professional services. This should apply particularly to the provision of local services through large scale privatizations”. This was part of a secret letter signed by Trichet and Draghi, the outgoing and incoming Presidents of the ECB, in July 2011. The secret letter argued for many other measures to be taken including public service workers pay freezes, public employment cuts and labour market flexibility to mention a few. Measures such as liberalization of public services are called structural reforms in Euro-speak. EPSU has argued that the ECB has no mandate for such detailed policy advise, and that it violates the democratic will of the Italian people.

The Berlusconi government adopted several proposals of the ECB letter. However it did not include the liberalization of water services. This triggered European Commissioner Oli Rehn to write to the Italian PM “Could further information be provided to explain which reforms are envisaged in the water sector despite the outcomes of the recent referendum ?” as part of his letter seeking clarification of the many measures the Italian government was proposing.

So, this is probably another reason for which the EFD wanted to get rid of Berlusconi:

Alan Friedman, a Financial Times correspondent at the time, was investigating the revolving doors that connect businessmen and EU officials that participated in Berlusconi's expulsion.

As Friedman reveals: “President Napolitano, as far back as 2011, so, six months before the government fell, had secretly begun talks with Mario Monti, the former European Commissioner, and with a big banker, Corrado Passera, who was the chief executive of the biggest bank in Italy, and he was already planning a new government, a new government policy, a new economic program.”, and “Carlo De Benedetti, the former Olivetti chief, an Italian billionaire, told me how in the summer of 2011, Mario Monti, the former European Commissioner, came to visit him at his house, in the Swiss jet set resort of St. Moritz. And what he came to ask him was advice, saying 'I had this offer to be available to take over as Prime Minister. What should I do?' Former Prime Minister, Romano Prodi, of Italy, told me he had a similar conversation with Monti, also asking for his advice.

Comments

Popular posts from this blog

Jeremy Corbyn: Gaza, Nuclear War & Why Movements Must Rise Now

Empire Files   Abby Martin sits down with MP Jeremy Corbyn in Bogotá during The Hague Group summit on Gaza. They discuss the limits of electoral politics, the danger of nuclear weapons, the central role of the US and UK in the Gaza genocide, and more.  

How China & Russia help Global South countries defend against US imperialism: Nicaragua explains

Geopolitical Economy Report   China and Russia help formerly colonized countries in the Global South defend their sovereignty amid constant US meddling and aggression, argues Daniel Ortega, President of Nicaragua, a Latin American country that has been invaded and militarily occupied by the USA multiple times. Ben Norton reports on the history of the Sandinista Revolution, and the struggle against Western imperialism.  

New Corbyn Party Could Already TIE With Labour - Bombshell Poll

Owen Jones  

Several states vow to take six 'concrete' steps against Israel at Bogota summit

Colombia says 'we will no longer allow international law to be treated as optional' as nations pledge to prevent arms transfers to Israel for Gaza atrocities   by Laura Gamba in Bogota  A coalition of states from around the world gathering in Bogota on Wednesday agreed to implement six measures to stop Israel's onslaught on Gaza and prevent violations of international law. The announcement came as part of an "emergency summit" in the Colombian capital, co-hosted by the governments of Colombia and South Africa as co-chairs of The Hague Group, to coordinate diplomatic and legal action to counter what they describe as "a climate of impunity" enabled by Israel and its powerful allies. The Hague Group is currently a bloc of eight states, launched on 31 January in the eponymous Dutch city, with the stated goal of holding Israel accountable under international law. The conference brought together more than 30 states, including Algeria; Bolivia; Botswana; Brazil...

Rule by the rich: Western governments are oligarchies, not democracies

Geopolitical Economy Report   Western governments claim to be models of democracy, and demonize their geopolitical adversaries as "authoritarian", but empirical evidence shows that the USA and European countries are oligarchies dominated by economic elites and large corporations. Billionaire Donald Trump is the perfect symbol of this, but he's by no means the only one. Ben Norton explains. 

Israel's DARK SECRET Genocide Economy EXPOSED

Double Down News   The REAL Reason US Sanctioned UN Special Rapporteur Francesca Albanese. 

Media finally admits: Israel is committing genocide in Gaza, as US corporations profit

Geopolitical Economy Report   The New York Times finally admitted Israel is carrying out a genocide against the Palestinian people in Gaza, in an article by an Israeli scholar who studies the Holocaust. A United Nations report detailed how US corporations are profiting from these crimes, although the Trump administration responded by imposing sanctions on the UN expert who exposed it, Francesca Albanese. Ben Norton explains. 

ICC judges reject Israel's request to withdraw Netanyahu arrest warrant

Judges at the International Criminal Court (ICC) on Wednesday rejected Israel's request to withdraw arrest warrants for Prime Minister Benjamin Netanyahu and former Defence Minister Yoav Gallant. Israel made the request while the ICC reviews its challenge over the court's jurisdiction to weigh in on its war on Gaza. The decision, dated 9 July 2025, was published on the ICC website on Wednesday. The judges also rejected an Israeli request to suspend the court's broader investigation into alleged crimes in the occupied Palestinian Territories.   Full report:   https://www.middleeasteye.net/news/icc-judges-reject-israel-request-withdraw-netanyahu-arrest-warrant 

Israel is a terrorist state

🚨⚡️ ISRAELI BOMBING OF SYRIA: Tel Aviv is now striking the heart of Damascus — not just military targets in Suwayda. Syria gave up the Golan. They gave everything. But Israel still bombs them. pic.twitter.com/MO91EdV2t8 — RussiaNews 🇷🇺 (@mog_russEN) July 16, 2025