Italian Prime Minister-designate Mario Monti will announce his new government today as he strives to convince investors he can trim Europe’s second-biggest debt and fend off contagion from the euro-area sovereign crisis.
That political backing may be vital to Monti’s success should Italians turn against his efforts once further austerity measures are introduced.
That political backing may be vital to Monti’s success should Italians turn against his efforts once further austerity measures are introduced.
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