Rino Formica
Encyclopedia
Salvatore Formica best known as Rino Formica, is an Italian former politician.
.
He become a member of national importance of the Italian Socialist Party
(Italian: Partito Socialista Italiano, or simply PSI) during the leadership of Bettino Craxi
. He was several times Minister of the Italian Republic starting from 1980. He was Minister of Budget in the Spadolini II Cabinet
, whose fall was caused by a quarrel between Formica and the other economy minister Beniamino Andreatta
.
Formica was critic towards PSI's transformation from a popular, social-based party into one involved in numerous bribery and costume scandals under Craxi. He declared "the convent is poor, but the monks are rich" (in reference to PSI's financial problems, where its members were instead increasingly well endowed), and defined PSI's national assembly as "a court of dwarves and ballerina
s. Formica was one of the numerous PSI members involved in the Mani Pulite
scandal of the early 1990s, although he was acquitted in the two trials raised against him. After Craxi's resignation as PSI national secretary in 1993, he supported Claudio Martelli
as his successor. In 1994 he was not re-elected to the Italian Parliament for the first time since the 1970s.
In 2003 he founded a post-Socialist party called Socialismo è Libertà and later adhered to the new Italian Socialist Party, a small-sized formation of socialists who did not joined the Democratic Party
.
Biography
Formica was born in BariBari
Bari is the capital city of the province of Bari and of the Apulia region, on the Adriatic Sea, in Italy. It is the second most important economic centre of mainland Southern Italy after Naples, and is well known as a port and university city, as well as the city of Saint Nicholas...
.
He become a member of national importance of the Italian Socialist Party
Italian Socialist Party
The Italian Socialist Party was a socialist and later social-democratic political party in Italy founded in Genoa in 1892.Once the dominant leftist party in Italy, it was eclipsed in status by the Italian Communist Party following World War II...
(Italian: Partito Socialista Italiano, or simply PSI) during the leadership of Bettino Craxi
Bettino Craxi
Benedetto Craxi was an Italian politician, head of the Italian Socialist Party from 1976 to 1993, the first socialist President of the Council of Ministers of Italy from 1983 to 1987.-Political career:...
. He was several times Minister of the Italian Republic starting from 1980. He was Minister of Budget in the Spadolini II Cabinet
Giovanni Spadolini
Giovanni Spadolini was a liberal Italian politician, the 45th Prime Minister of Italy, newspaper editor, journalist and a noted historian.-Biography:Spadolini was born in Florence....
, whose fall was caused by a quarrel between Formica and the other economy minister Beniamino Andreatta
Beniamino Andreatta
Beniamino Andreatta was an Italian economist and politician.He was a leftish Christian Democrat and one of the founders of the Italian People's Party in 1994.Andreatta was born in Trento...
.
Formica was critic towards PSI's transformation from a popular, social-based party into one involved in numerous bribery and costume scandals under Craxi. He declared "the convent is poor, but the monks are rich" (in reference to PSI's financial problems, where its members were instead increasingly well endowed), and defined PSI's national assembly as "a court of dwarves and ballerina
Ballerina
A ballerina is a title used to describe a principal female professional ballet dancer in a large company; the male equivalent to this title is danseur or ballerino...
s. Formica was one of the numerous PSI members involved in the Mani Pulite
Mani pulite
Mani pulite was a nationwide Italian judicial investigation into political corruption held in the 1990s. Mani pulite led to the demise of the so-called First Republic, resulting in the disappearance of many parties. Some politicians and industry leaders committed suicide after their crimes were...
scandal of the early 1990s, although he was acquitted in the two trials raised against him. After Craxi's resignation as PSI national secretary in 1993, he supported Claudio Martelli
Claudio Martelli
Claudio Martelli is an Italian politician, and the right-hand man of Bettino Craxi, the socialist Prime Minister from 1983–1987.-Biography:Martelli was born at Gessate, in the province of Milan....
as his successor. In 1994 he was not re-elected to the Italian Parliament for the first time since the 1970s.
In 2003 he founded a post-Socialist party called Socialismo è Libertà and later adhered to the new Italian Socialist Party, a small-sized formation of socialists who did not joined the Democratic Party
Democratic Party (Italy)
The Democratic Party is a social-democratic political party in Italy, that is the second-largest in the country. The party is led by Pier Luigi Bersani, who was elected in the 2009 leadership election....
.