AGL 38.15 Decreased By ▼ -1.43 (-3.61%)
AIRLINK 125.07 Decreased By ▼ -6.15 (-4.69%)
BOP 6.85 Increased By ▲ 0.04 (0.59%)
CNERGY 4.45 Decreased By ▼ -0.26 (-5.52%)
DCL 7.91 Decreased By ▼ -0.53 (-6.28%)
DFML 37.34 Decreased By ▼ -4.13 (-9.96%)
DGKC 77.77 Decreased By ▼ -4.32 (-5.26%)
FCCL 30.58 Decreased By ▼ -2.52 (-7.61%)
FFBL 68.86 Decreased By ▼ -4.01 (-5.5%)
FFL 11.86 Decreased By ▼ -0.40 (-3.26%)
HUBC 104.50 Decreased By ▼ -6.24 (-5.63%)
HUMNL 13.49 Decreased By ▼ -1.02 (-7.03%)
KEL 4.65 Decreased By ▼ -0.54 (-10.4%)
KOSM 7.17 Decreased By ▼ -0.44 (-5.78%)
MLCF 36.44 Decreased By ▼ -2.46 (-6.32%)
NBP 65.92 Increased By ▲ 1.91 (2.98%)
OGDC 179.53 Decreased By ▼ -13.29 (-6.89%)
PAEL 24.43 Decreased By ▼ -1.25 (-4.87%)
PIBTL 7.15 Decreased By ▼ -0.19 (-2.59%)
PPL 143.70 Decreased By ▼ -10.37 (-6.73%)
PRL 24.32 Decreased By ▼ -1.51 (-5.85%)
PTC 16.40 Decreased By ▼ -1.41 (-7.92%)
SEARL 78.57 Decreased By ▼ -3.73 (-4.53%)
TELE 7.22 Decreased By ▼ -0.54 (-6.96%)
TOMCL 31.97 Decreased By ▼ -1.49 (-4.45%)
TPLP 8.13 Decreased By ▼ -0.36 (-4.24%)
TREET 16.13 Decreased By ▼ -0.49 (-2.95%)
TRG 54.66 Decreased By ▼ -2.74 (-4.77%)
UNITY 27.50 Decreased By ▼ -0.01 (-0.04%)
WTL 1.29 Decreased By ▼ -0.08 (-5.84%)
BR100 10,089 Decreased By -415.2 (-3.95%)
BR30 29,509 Decreased By -1717.6 (-5.5%)
KSE100 94,574 Decreased By -3505.6 (-3.57%)
KSE30 29,445 Decreased By -1113.9 (-3.65%)

Italy's centre-left Democratic Party (PD), reeling from infighting that forced the resignation of Pier Luigi Bersani last month, chose former trade union boss Guglielmo Epifani as party secretary on Saturday. The party's two most prominent leaders, Prime Minister Enrico Letta and the young mayor of Florence, Matteo Renzi, both sat out the internal party contest, with the real battle to lead the centre-left likely to be delayed until after the summer.
The PD's weakness has compounded problems confronting Letta as he tries to hold a fragile coalition together while facing deep recession, youth unemployment of almost 40 percent and public bitterness reflected in the success of the anti-establishment 5-Star Movement. Epifani, a former head of Italy's biggest union the CGIL, was the sole candidate at a special assembly in Rome but he was widely seen as a compromise stand-in until a full party congress in October.
"The Democratic Party has been going through an extremely difficult period," Epifani told the assembly. "We cannot hide it from ourselves, we risk hitting the bottom." The PD threw away a strong lead in polls ahead of February's election, and the inconclusive result forced it into an unlikely coalition with arch-rival Silvio Berlusconi. Divided between a dozen competing factions, the party has been effectively leaderless since Bersani resigned following a humiliating party mutiny during the process of voting for a president of the republic in April.
Opinion polls show Berlusconi's centre-right alliance now well ahead of the centre-left. With tensions between the PD and Berlusconi's People of Freedom (PDL) party already threatening to destabilise the government, centre-left party barons were desperate to avoid a damaging battle over the leadership. The two are already at loggerheads over centre-right demands to scrap an unpopular housing tax and calls by Cecile Kyenge, Italy's first black minister, for citizenship rights for children born in Italy of migrant parents.
The PD had also criticised the PDL's plan to hold a demonstration on Saturday against what it says is a campaign by politically biased magistrates against Berlusconi, and reacted furiously after Interior Minister Angelino Alfano, the deputy head of the government, announced on Twitter that he would attend. "Alfano ... is feeding the tensions between the political forces which support the government," said centre-left Deputy Economy Minister Stefano Fassina.
The 76-year-old media tycoon's appeal against a four-year sentence for tax fraud was rejected by a Milan court this week. He also faces a new hearing on Monday in his trial on charges of paying for sex with night-club dancer Karima El Mahroug, alias "Ruby the Heartstealer" when she was a minor.

Copyright Reuters, 2013

Comments

Comments are closed.