Italian president holds talks on new government
November 13th, 2011 - 7:53 pm ICT by IANSRome, Nov 13 (IANS/RIA Novosti) Italian President Giorgio Napolitano started consultations Sunday with parliamentary leaders to agree on an emergency government after Prime Minister Silvio Berlusconi resigned Saturday.
Berlusconi, 75, Italy’s longest-serving prime minister after World War II and the third-richest man in the country, had said he would resign after the parliament finally approved a package of tough austerity measures to tackle the country’s spiralling debt crisis.
After the consultations, Napolitano is expected to ask former European Commissioner Mario Monti to form a caretaker government, which will be charged with the task of implementing austerity measures to stabilise finances in the eurozone’s third largest economy.
–IANS/RIA Novosti
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Tags: austerity measures, caretaker government, consultations, debt crisis, dg, economy, emergency government, eurozone, giorgio napolitano, italian president giorgio napolitano, mario, parliament, parliamentary leaders, prime minister silvio, prime minister silvio berlusconi, ria novosti, richest man, rome, silvio berlusconi, world war ii