Italy in the 2007 G8 Summit

Putin, Blair, and Prodi satired as in the famed Italian childhood story Pinocchio.

Italy is considered the worst offender in not meeting their G8 agreements in a study by the University of Toronto. It will be interesting to see what Prodi agrees to as his opinion polls are languishing and he has to work together with the highly unpopular George W. Bush.




Bush arrives in Rome today for the first time in 3 years and will be there through the weekend before heading to Germany for the summit. Some of Prodi's ministers are considering protesting Bush's presence.

Meanwhile, Prodi's government is "on the brink of collapse".

Italy won't be fully under the spot light as the US will be in vetoing climate action plans. Additionally, Germany will claim a lot of the media attention in hosting the summit. The next G8 summit will be in Italy in 2009.

The only apparent attention that Italy has received is criticism of avoiding African aid by U2's Bono. Italy owes $350 million USD and hasn't paid it's share of African aid for 2006 or 2007. Prodi promised to pay $540 million USD next year.

Iranian/Italian Relations

Can Italy and Iran work together?



Italy is Iran's #1 European trading partner. Economic sanctions would most certainly hurt Italy most in the EU. Perhaps that is why Italy has said that Iran's bid for nuclear energy is "legitimate".



However, today Foreign Minister D'Alema has stated that the possibility of Iran "acquiring is unacceptable for the international community." However, is it acceptable for Italy?



However, Italian oil power Eni is investing more in Iran even with escalating talks of sanctions. The company probably knows something that the outside doesn't. Italy is too weak to make any drastic economic moves as it continues to struggle with it's own economic hardships. Italy will be relying on other nations to make the bold moves.



A new development from the G8 summit is that they are warning Iran to stop uranium enrichment. The G8 "will support adopting further measures, should Iran refuse to comply with its obligations". This probably is the driving force for D'Alema's latest statement.