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Berlusconi party conditionally backs Monti

Posted by on November 13, 2011 0 Comment

An Italian news report says Premier Silvio Berlusconi’s political party will conditionally support a technical government headed by economist Mario Monti.

Italy’s president is expected to ask Mr. Monti to try to form a new government once Mr. Berlusconi’s resignation is confirmed Saturday night. Mr. Monti will be tasked with trying to bring Italy back from the brink of a Greek-style economic crisis.

The LaPresse news agency quotes a statement issued after Mr. Berlusconi chaired a meeting of his People of Liberties Party, saying the party would tell President Giorgio Napolitano that it would back Mr. Monti. But it said the party would meet again to ensure that Monti’s Cabinet, legislative agenda and the time-frame of his government meet its requirements.Hindu

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