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Mario Monti Is Tapped to Lead Italy
11-13-11

 

President Yiwu Toys Market Giorgio Napolitano formally chose Mr. Monti after a day of meetings with political leaders across the spectrum, almost all of whom had pledged their support for a government New Oasis Acacia Solid Flooring of technocrats to guide Italy's post-Berlusconi future. "The president of the republic," Reuters quoted a statement from the presidential palace as saying, "has received Senator Mario Monti and conferred a mandate to form a government." Mr. Monti told reporters yiwu fair 2011 in Rome that he would get to work quickly to try to form a government. Italy must "heal its finances" and resume growth because today's leaders owe it to future generations, The Associated Press quoted him as saying. But in a sign of political wrangling to come, the leader of Mr. Berlusconi's People of Liberty party said that the party would support a Monti government for only yiwu fair as long as it could fulfill its mandate to push through measures to help reduce Italy's $2.6 trillion public debt and increase growth to keep the country competitive.The Yiwu Bedding set market party had been pushing for early elections, and media reports said that Mr. Monti hoped to serve until the end of the current legislature in 2013. Mr. Berlusconi addressed the nation with a video message on Sunday evening, declaring his "love and passion" for Italy and his bitterness at dollar item having been jeered after he tendered his resignation, an act he said had been one of "generosity" toward the country. European leaders had come to see Mr. Berlusconi as a liability to Italy and the single currency as Italy's wholesale borrowing rates soared last week to levels that have forced other countries in the euro zone to seek bailouts. Months of political deadlock broke last week when Mr. Berlusconi lost his majority in a technical vote in the lower house. wholesale shoes Humbled, he resigned on Saturday after Parliament approved the austerity measures. On Monday, Mr. Monti was expected to present a cabinet of nonpoliticians and introduce his program before Parliament, where a majority must vote confidence in his government.

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