Mario Monti, who recently resigned his post as the prime minister of Italy, may be back again. For proponents of the current austerity plans, his return would be good news. The balance of Europe sees these austerity plans as a way for the European nation to cut its debt and its deficit. If Italy’s economy does not plunge into recession, Monti’s programs could be a template for the balance of the region.
Italy’s centrist politicians are gathering around Mario Monti following his offer to lead an alliance into elections in February, setting the stage for a confrontation with Silvio Berlusconi in his attempt to return to power.
Mr Monti, who was appointed technocrat prime minister 13 months ago and has never fought an election in his life, is due to meet with prospective coalition partners on Thursday to discuss strategy and candidate lists, politicians said.
Douglas A. McIntyre
No Commission Fees, No Minimums, No Velvet Ropes. (Sponsored)
Robinhood revolutionized commission free investing, and it continues to do so today. With a few simple taps you can trade stocks like Nvidia and Amazon, market beating mutual funds, and trade options with Robinhood Financial. FDIC insurance coverage is just another benefit.
And, you can buy and sell cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) with Robinhood Crypto.
Sign up today — click here to start your journey.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.