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Italian president backs Mario Monti as new PM

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Italian President Giorgio Napolitano has asked technocrat Mario Monti to form a new government, following the resignation of Prime Minister Silvio Berlusconi.

Italian President Giorgio Napolitano has asked technocrat Mario Monti to form a new government, following the resignation of Prime Minister Silvio Berlusconi.

Napolitano made the announcement after a day of hurried consultations with senior politicians.

Monti, a former EU commissioner, needs a majority in parliament to implement drastic spending cuts and tax rises aimed at tackling Italy’s worsening debt crisis.

 

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