Italians Praying New Pm Will Save Economy

The HeraldNovember 14, 2011

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Summary


ECONOMIST Mario Monti agreed to form a new Government in Italy that will attempt to rescue the country from economic disaster.

Presidential palace officials announced the former European Union competition commissioner had received the formal mandate from President Giorgio Napolitano following the resignation of Silvio Berlusconi.

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Italians Praying New Pm Will Save Economy

The move came as former UK Prime Minister Tony Blair said the "whole weight of Europe and its institutions" must be put behind...

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