The Greek crisis is reaching a decisive turning point. In the run up to the recent elections many reassurances were made, but everyone knows that what is actually being prepared is a plan for an exit from the euro in an attempt to minimize the consequences and then to put the blame for this on the "irresponsible" Greeks.

As in Greece, Spain and France, in Italy every attempt by the ruling class to implement the draconian austerity measures demanded by the European Central Bank and the IMF has rapidly undermined any popular support for the ruling parties and any party which supports these measures. The recent Italian local elections fully exposed the desperate position of Italian capitalism.

On Saturday, March 31, about 15,000 people marched through the streets of Milan on the "Occupy Piazza Affari" demo. Piazza Affari is the Italian stock exchange and the demo was the first national protest against the national unity government headed by Mario Monti.

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