Italy crisis: Mario Monti moves to form new govt

November 14, 2011 10:53

Big test ahead for the new premier of Italy, Mario Monti, with the opening of the European financial markets today.

Monti is starting work to form a new government to lead Italy out of its acute debt crisis which prompted the resignation of Silvio Berlusconi. The appointment of Monti, an ex-EU commissioner, was announced by Italy's president on Sunday, reports the bbc.co.uk.

Monti said he wanted to build "a future of dignity and hope" for Italy's children.

« Back to LIVE

TOP STORIES

Was Sameer Rizvi's The Best Catch?

Substitute fielder Sameer Rizvi rushed to his right at deep square leg to complete a good running catch, coming around the square leg umpire.

ED recovers Rs 30 cr from domestic help of J'khand minister's secretary

The premises are alleged to be of the domestic help of Jharkhand Rural Development Minister Alamgir Alam's personal secretary Sanjiv Lal.

Breweries stir up barrels with mercury rising

For all the livelong years it has been around, beer has been associated with leisure and relaxation. Of late, it has become more than just a beverage. Both amateurs and aficionados prefer an uncorked chilled beer to unwind on a...

LG recommends NIA probe against Kejriwal for funding from banned SFJ

Delhi Lt Governor V K Saxena has recommended an NIA probe against Chief Minister Arvind Kejriwal for allegedly receiving political funding from the banned terrorist organisation 'Sikhs for Justice', Raj Niwas sources said on Monday.

2 months interim bail for Jet Air founder Naresh Goyal

The Bombay high court on Monday granted interim bail for two months on medical grounds to Jet Airways founder Naresh Goyal, who has been arrested by the Enforcement Directorate (ED) in a money laundering case. A single bench of Justice...