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After 14 weeks and 61 formal sessions, the country's major parties had reached an agreement for a common program to reinforce Premier Giulio Andreotti's minority government. The Christian Democrats were relieved to have their tenuous hold on power strengthened, and the Communists were pleased because the deal gave them a formal voice in government policy for the first time in 30 years...

Author: /time Magazine | Title: The World: Nearer the Historic Compromise | 7/11/1977 | See Source »

Pierre Trudeau, West German Chancellor Helmut Schmidt and Italian Premier Giulio Andreotti. A notable absentee: French President Valéry Giscard d'Estaing, who boycotted the dinner. Reason: he was piqued that British Laborite Roy Jenkins had been invited to both Callaghan's dinner and some of the summit sessions in his capacity as president of the European Community's Brussels-based commission. Like his predecessors, Giscard is determined to keep the Common Market and its representatives from getting too uppity...

Author: /time Magazine | Title: DIPLOMACY: A Socko Performance at the Summit | 5/16/1977 | See Source »

...lira, artificially propped up by tight controls for the past year, once again is being traded on the free market and is holding steady at 882 to the dollar. But an unchecked inflation, now running at 21.8% a year, threatens these achievements. In order to check prices, Premier Giulio Andreotti is planning to reduce economic growth to zero this year...

Author: /time Magazine | Title: OUTLOOK: A Strong U.S. Leads the Recovery | 5/16/1977 | See Source »

...Italian Premier Giulio Andreotti managed last week to keep his minority Christian Democratic government afloat-but only just. The leaders of the Communists and other left-wing parties indicated that they would end their tacit support of Andreotti's government if he tried to impose new austerity measures on the country to qualify for a $530 million loan from the International Monetary Fund. The Premier could scarcely ignore their warning: he has been able to govern for the past six months only because the opposition has abstained from voting on key issues in the parliament. To save his government...

Author: /time Magazine | Title: EUROPE: How to Spoil a Birthday Party | 4/4/1977 | See Source »

Even though Andreotti avoided what to Italians is "a crisis in the dark"-meaning the collapse of yet another unstable government with no alternative in sight-political tension mounted in the country. Some 150,000 disgruntled workers massed in Rome's Piazza San Giovanni (sometimes called "Red Square") to protest the government policy of wage curbs; an estimated 1.5 million Romans walked off their jobs, paralyzing the capital...

Author: /time Magazine | Title: EUROPE: How to Spoil a Birthday Party | 4/4/1977 | See Source »

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