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Tuesday, 15 November 2011

NZ HERALD - Super Mario's big ask - rescue euro, secure nation's future, Nov 15, 2011

Mario Monti. Photo / AP
"Mario Monti has begun the unenviable task of hauling Italy - and the euro - back from the brink.
In the unelected Monti's first address as Italy's Prime Minister, he said that the embattled country needed to work together to give its children a "concrete future".
Silvio Berlusconi's departure paved the way for President Giorgio Napolitano to install a technocratic government led by Monti, a 68-year-old former EU Competition Commissioner, which must not only implement cuts and labour reforms but must consider extending them to curb market pressure on Italy's €1.9 trillion ($3.3 trillion) of debts."

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