The reaction to Monti’s exit also shows the limits of the ability of the European Central Bank (ECB) to quell the crisis. A big reason why markets in Europe have been so calm in recent months is ECB ...

He served for 38 years in Parliament and, after being elected president at a critical moment in Italy’s fortunes, helped stabilize the country. By Robert D. McFadden The Italian prime minister faces ...

Italy's presidential palace says the economist Mario Monti has agreed to try to form a new government and steer the nation away from financial disaster. Subscribe to read this story ad-free Get ...

ROME (AP) -- Premier Mario Monti formed a new Italian government without a single politician Wednesday, drawing from the ranks of bankers, diplomats and business executives to create a team to steer ...

(CNN) — Here is a look at the life of economist and former Italian Prime Minister Mario Monti. 1970-1979 - Economics professor at the University of Turin. 1978-1994 - Writes economic commentary for ...

ROME -- Italy's president appointed former European Commissioner Mario Monti today to head a new government charged with implementing urgent reforms to end a crisis that has endangered the whole euro ...

The super Mario game may be going too far. New powers handed to Mario Monti, the deal-busting antitrust czar for the European Commission, let his investigators raid executives’ homes and even break up ...

Yesterday, the day of static heat proved to be very precious because the still air prevented the flames from being fanned, which once again ignited among the underbrush of Monte Mario hill. Here we go ...

AN ABIDING image of Italian cinema is the statue of Christ dangling from a helicopter above Rome on its way to St Peter’s Square, in Fellini’s “La Dolce Vita”. It is just over a year since the ...

However understandable his decision, Mario Monti’s announcement of his intention to resign as prime minister will inflict serious, short-term damage. It means his government will come to an end in a ...