Mario Monti becomes Italy’s interim Prime Minister

November 14th, 2011 - 8:39 pm ICT by Aishwarya Bhatt  

Rome, Nov 14 (THAINDIAN NEWS) Italy has named former university president Mario Monti as the interim Prime Minister. The 68-year-old will take over from Silvio Berlusconi who stepped down recently.

Monti is inheriting a very challenging time in the history of the European nation. His first task is to get the various political parties in the country to come into some form of agreement on how best to deal with Italy’s growing debt crisis.

Italy’s ceremonial president Giorgio Napolitano made the crucial announcement on Sunday, a day after the dramatic resignation of Berlusconi. The 75-year-old media mogul is regarded as one of the most seasoned political figures in the country. He resigned when he lost a crucial vote in parliament recently.

Shortly after his resignation, Berlusconi told Italians through a video that his action was that of selflessness and he has vowed to work with the new team to fight the country’s debt problems.

Monti knows the task that lies ahead of the country. Speaking to the nation after being named as the interim Prime Minister, he said that, “Italy can overcome this crisis together… We owe it to our children, so that they may have a future of dignity and hope.”

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