Monti sworn in as new Italian prime minister

Monti sworn in as new Italian prime minister

(ROUGH CUT - NO REPORTER NARRATION)br STORY: Mario Monti formed a new technocrat government in Italy on Wednesday to tackle a major debt crisis threatening the entire euro zone and said he hoped it would placate financial markets.br President Giorgio Napolitano swore in a 16-member government, including three women, at his palace on Wednesday afternoon, ending a chaotic political crisis that has placed Italy at the centre of the euro zone's burgeoning problems.br The government now has the urgent task of tackling a broader crisis that has pushed Italy's borrowing costs to untenable levels and brought it to the brink of economic disaster.


User: Reuters

Views: 14

Uploaded: 2011-11-17

Duration: 01:57

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