Free Trial

MNI SOURCES: Italy Far Right To Benefit From Political Chaos

MNI (London)
--Neo-Fascist Groups Aim to Get Into Italy Parliament 
--Italy's New Voting System Might Help Extremists
By Silvia Marchetti
     LONDON (MNI) - Italy's extreme right parties are on the rise and could gain
a foothold in parliament for the first time in their history at next year's
elections, analysts and officials tell Market News.
     Neo-Fascist groups, boosted by increasing socio-economic malaise and
anti-European sentiment, are triggering political tensions across the country
with violent militants take to the streets.
     "After winning a significant amount of votes at recent local elections, the
extreme right aims for a national status and could benefit from the new voting
system that has lowered the parliamentary entry threshold down to 3 percent,"
warned Sergio Fabbrini, head of the School of Government at Rome-based Luiss
University.
     The two most feared groups are Forza Nuova and Casa Pound, boasting
connections across Europe to other far right parties, mainly Marine Le Pen's
Front National in France.
     --ON THE MARCH
     To announce their relaunch, over 2,000 Forza Nuova extremists recently
staged a "peaceful" version of the historical "March on Rome" that marked the
birth of the pre-war fascist regime.
     Casa Pound, founded in memory of US pro-Fascist writer Ezra Pound, started
in 2003 as a pro-social housing force engaged in illegal building occupations.
     Alone, these parties each have around 1-2% support, but if united with
other smaller extremist formations could reach the 3% threshold. And in single
member districts, tied to local representation, potential far-right candidates
could win seats if their party does not hit the threshold at national level.
     However, the greater risk is that these far-right groups might could
team-up with the leading centre-right coalition of former premier Silvio
Berlusconi and his populist allies, Fabbrini warned.
     "The other two main centre-right groups, the populist Lega and the Fratelli
d'Italia, are indirectly courting these extremists, appealing to their feelings
of hatred and dissent. By moving towards Berlusconi's centre, they've left an
open space at their right which is now being filled up by Casa Pound and Forza
Nuova,", explained Fabbrini. 
     --PAN-EUROPE ISSUE
     According to Giampolo Galli, Democrat deputy and member of the Lower House
Budget Committee, like in Germany and in the UK with Brexit, Italy's extremists
are exploiting the wide spread "anti-immigrant and anti-globalisation feelings,
incarnated by the policies of ruling parties seen as friends of the free
market".
     "So far, they are small groups with a relatively small consensus, so I
doubt they'll make it into parliament. But I stress .... so far. Their gaining
ground is a phenomenon which should not be underestimated," said Galli.
     "It's quite obvious that a new, far-right wing is blowing across the bloc,
favoured by the political chaos in many countries and the identity crisis of
traditional parties that are having a hard time allying and launching concrete
ruling proposals," added Fabbrini.
     The centre-right coalition is downplaying the far-right's threat and rules
out any chances of an alliance at present.
     Fabio Rampelli, leader in the Lower House of the Fratelli d'Italia, the
'heirs' of the former Fascist party, said the extremists' crusade was being
bolstered by "exaggerated media reports and by the centre-left in an attempt to
drain consensus from us".
     Some recent polls also suggest that far-right parties could lure
disappointed, radical former voters of the anti-establishment 5 Star Movement.
     Italy's constitution forbids neo-fascist groups from politics (and
therefore entering parliament), but the ban has never been implemented. A bill,
pending in the Senate and presented by the Democrats, seeks to punish "fascism
apology", but it is unlikely to get passed before parliament is dissolved.
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: M$E$$$,M$I$$$,M$X$$$,MC$$$$,MI$$$$,MX$$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.