Rino Formica
Rino Formica | |
|---|---|
Member of the Chamber of Deputies | |
| In office 11 July 1983 – 14 April 1994 | |
| Personal details | |
| Born | 1 March 1927 Bari, Italy |
| Political party | Italian Socialist Party |
| Occupation | Chartered accountant, politician |
Salvatore Formica (born 1 March 1927), best known as Rino Formica, is a former Italian politician.
Biography
Formica was born in Bari.
He became 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 strongly critical of the PSI's transformation from a popular, social-based party into one involved in numerous corruption and official malfeasance 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),
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 join the Democratic Party.
References
- ^ Veltri, Elio (1993). Da Craxi a Craxi. Laterza. p. 208.
- ISBN 88-17-84307-5.
- ^ Perna, Giancarlo. "Formica assolto dopo 17 anni". Il Giornale website. Il Giornale. Retrieved 14 October 2011.
External links
Media related to Rino Formica at Wikimedia Commons
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