Mario Monti

  • Italian PM calls up Manmohan, discusses marines issue 09-04-2013 09:18 PM

    New Delhi: Prime Minister Manmohan Singh on Tuesday told his Italian counterpart Mario Monti that a view on specific aspects of the case involving two marines facing murder charges in the country cannot be taken pending investigations. However, Singh, who received a call from Monti, recalled the clarification given by...
  • Italian PM meets Khurshid on marines issue 05-04-2013 04:31 PM

    New Delhi: After the National Investigation Agency (NIA) filed a case against two Italian marines on Thursday for the murder of two Indian fishermen off the Kerala coast last year, Italy's Prime Minister Mario Monti on Friday called up External Affairs Minister Salman Khurshid to discuss the case. Italian Deputy...
  • Italian PM assures action in AgustaWestland chopper deal 15-02-2013 11:32 AM

    Meanwhile, taking a jibe at Finnmeccanica, former premier Silvio Berlusconi said that bribes are necessary for business. ...
  • Italy PM unveils sweeping austerity package 05-12-2011 10:29 AM

    Rome: Prime Minister Mario Monti will present a 30 billion euro package of austerity measures to parliament on Monday designed to shore up Italy's strained public finances and help to stem a debt crisis threatening to overwhelm the euro zone. Cabinet approved the mix of tax hikes, pension reforms and...
  • Italian government approves new measures 05-12-2011 02:06 AM

    Rome: Premier Mario Monti said on Sunday that his government of technocrats has approved a package of austerity and growth measures to "reawaken" the Italian economy and help save the euro common currency from collapse. The measures include immediate cuts to the costs of maintaining Italy's bulky political class as...
  • Italy's borrowing rates skyrocket, Monti scrambles 26-11-2011 02:57 AM

    Rome: A week into his new job, Premier Mario Monti is running out of time to reassure nervous investors that his government has a strategy to deal with Italy's crippling debts. The nation's borrowing rates skyrocketed on Friday after a grim set of bond auctions, with a new auction looming...
  • France, Germany to show support for new Italian PM 24-11-2011 08:48 AM

    Paris: The leaders of France and Germany will voice their support for new Italian Prime Minister Mario Monti at a tripartite meeting on Thursday, seeking to stem the risk of the debt crisis gripping the heart of the euro zone. The talks hosted by French President Nicolas Sarkozy in the...
  • Italy's new Cabinet wins confidence vote 19-11-2011 07:51 AM

    Rome: Italian Prime Minister Mario Monti's Cabinet won a second confidence vote in parliament on Friday to secure its right to tackle the country's deepening financial crisis. Lawmakers in the lower house voted 556-61 for Monti's government, which includes no professional politicians. On Thursday, in the upper house of parliament,...
  • Italy's new govt passes 1st confidence vote 18-11-2011 02:28 AM

    Rome: Against the backdrop of anti-austerity protesters clashing with riot police, Italy's new premier appealed to Italians on Thursday to accept sacrifices to save their country from bankruptcy, but pledged economic growth and greater social cohesion in return. Mario Monti is under enormous pressure to boost growth and bring down...
  • Greek protests as France, Spain face squeeze 18-11-2011 01:48 AM

    Paris: Greek police clashed with anti-austerity protesters and Italy announced sweeping reforms in response to a European debt crisis that on Thursday pushed borrowing costs for France and Spain sharply higher. More than 30,000 Greeks took to the streets of Athens in a protest rally that marked the first public...
  • Italy hit by protests as PM unveils economic plan 18-11-2011 12:14 AM

    Rome: As riot police clashed with protesters in the streets, Italy's new premier unveiled his economic plan, vowing to spur growth yet spread out the sacrifices Italians must accept to save their country from bankruptcy and the eurozone from a disastrous collapse. Mario Monti spoke to lawmakers on Thursday as...
  • Mario Monti forms new Italian government 17-11-2011 12:28 AM

    Rome: Premier Mario Monti formed a new Italian government without a single politician on Wednesday, drawing from the ranks of bankers, diplomats and business executives to create a team to steer Italy away from financial disaster. The 68-year-old former European Union competition commissioner told reporters he will serve as Italy's...
  • Mario Monti to form new Italy government 16-11-2011 02:48 AM

    Rome: Prime Minister designate Mario Monti will meet Italy's president on Wednesday to present a new government to face a crisis that has brought Italy to the brink of economic disaster and endangered the entire euro zone. A statement from the presidential palace announced that Monti, appointed only on Sunday,...
  • Italy's new premier Monti rushes to build new govt 15-11-2011 12:57 AM

    Rome: Italy's premier-designate Mario Monti began talks on Monday to create a new government of non-political experts tasked with overhauling an ailing economy and keeping market fears over the country from threatening the existence of the euro. Investors initially cheered Monti's appointment, following quickly on Silvio Berlusconi's weekend resignation, though...
  • New Italian, Greek Govts race to limit damage 14-11-2011 06:15 PM

    Rome: Technocrat leaders in Italy and Greece rushed to form governments as they sought to limit the damage from the euro zone debt crisis on Monday, and the euro climbed on relief that a key Italian bond auction drew decent demand from investors. The president of Italy asked former European...
  • Berlusconi quits, Monti said to be next Italy PM 13-11-2011 07:37 AM

    Rome: Italian Premier Silvio Berlusconi has resigned after parliament's lower chamber passed European-demanded reforms, ending a 17-year political era and setting in motion a transition aimed at bringing the country back from the brink of economic crisis. A chorus of Handel's "Alleluia," performed by a few dozen singers and classical...
  • Italy Prez names Mario Monti senator for life 10-11-2011 06:30 AM

    Rome: Italian President Giorgio Napolitano said on Wednesday he had nominated former European Commissioner Mario Monti as a senator for life, a position awarded to distinguished Italians for their contributions to the country. Monti, an experienced economist who is currently the president of Milan's Bocconi university, has been mentioned in...