Italy Contributes to Korea's Prosperity

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Italy Contributes to Korea's Prosperity


On its National Day, June 2, Italy celebrates the anniversary of the foundation of the republic, following the national referendum that took place on June 2, 1946. On that day, the Italian people, after the end of the Second World War, freely decided to end the monarchy and to establish a republic.
Two years later, in 1948, the present Italian constitution was adopted.

This constitution stresses the principles of equality, democracy and separation of powers, and lays the foundations of a parliamentary democracy based on the common acceptance of republican values by all the different parties of the political spectrum. This constitution has been the basis of the recent history of our country.

According to the institutional system laid down in the constitution, the president of the republic represents national unity and is elected for a period of seven years by the parliament at a majority of two thirds of its chambers: the low chamber (Chamber of Deputies) and the high chamber (Senate of the republic).

In May 1999, the parliament elected Carlo Azeglio Ciampi as the ninth president of the Italian Republic.

The government is led by the president of the Council of Ministers, who is nominated by the president of the republic after consultations with the political leaders of the parties. The president of the Council of Ministers is the expression of the coalition of parties that has the majority in the parliament.

The government must obtain the approval of both chambers of the parliament before receiving full powers. In the last general elections held in May 2001, a center-right coalition gained an overall majority, and therefore its leader, Silvio Berlusconi, was appointed as president of the Council of Ministers.

In the recent years, Italy has achieved a greater political stability than in the past, and thanks to this stability governments last longer.

The two main pillars of Italy's foreign policy are the membership in North Atlantic Treaty Organization (NATO) alliance, of which Italy is a founding member, and the integration in the European Union (EU) that has always been a priority for Italy.

Italy is one of the original founding states of the European Community that was established by the Treaty of Rome in 1957 and evolved later into the EU and gave major contributions in devising and approving the Treaties of Maastricht, Amsterdam and Nice.

The European Community was founded by Italy and other member states in the late 1950s in the belief that the process of European integration could foster peace, political stability, economic development, the principles of democracy and human rights. And so it was.

Ever since, Italy has been at the forefront of each and every step toward deeper integration in Europe. In 1999, it gave the birth, among other 12 EU Countries, to the European currency: the euro. The Euro is now one of the most stable and reliable currencies in the world.

The EU underwent two big changes in the recent years: the enlargement to 10 new members of Central and Eastern Europe and the signature of the new Constitutional Treaty, that Italy has already ratified.

This treaty is intended to increase the effectiveness of the EU and to strengthen its role in the world scenario through new sets of rules and decision-making procedures.

 

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