Now Reading:

Monti emerges as favourite to lead Italy

world news

Monti emerges as favourite to lead Italy


Former European Commissioner Mario Monti has won growing support to succeed Prime Minister Silvio Berlusconi.

The respected economist is known as a tough negotiator with connections to top European policy makers.

He is seen by many as the most likely head of a caretaker government of Technocrats, which could pass vital reforms. Both the current ruling party the PDL and President Napolitano back the appointment.

Italian President Giorgio Napolitano said:

“Italy is facing a very difficult time and choices which are politically arduous are needed in order to manage and balance the budget while kick-starting economic and social growth. Europe is urgently waiting for important signs of a full assumption of responsibility”.

Opposition party the Northern League are against an unelected National Unity Government.

The candidacy has however, been pushed by the markets who want a stable figure to carry out painful austerity measures and appease anxious Euro zone members. A decision could be reached by the weekend.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article