Mario Monti To Form New Government in Italy

Monday, November 14, 2011

Italy’s Prime Minister Mario Monti speaks to the press after being appointed. (Vincenzo Pinto/Getty)

With Silvio Berlusconi officially submitting his resignation this weekend, the Mario Monti era begins in Italy. The interim prime minister's first task will be to form a new government to enforce the country's recently approved austerity package to get the country's debt burden under control. But who is Italy's new leader? And will his new government be enough to prevent a further crisis in the euro zone?

Rachel Donadio, Rome bureau chief for The New York Times, discusses Italy's task ahead.

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