  Mario Monti nominated as Italy's Prime MinisterNovember 14, 2011 - 09:48 AMT PanARMENIAN.Net - Economist and former European commissioner Mario Monti has been nominated to take over as Italy's Prime Minister. Dubbed 'Super Mario' for his work in international finance and as European commissioner, Mr Monti's appointment is expected to usher in a new era of sobriety to Italian politics. President Giorgio Napolitano asked Mr Monti to form a government, expected to be composed largely of technocrats. The respected economist, made a life senator last week, said he would work urgently to form a government and is likely to name around 12 ministers within days. "I intend to fulfill this task with a great sense of responsibility in the service of our country. In a moment of particular difficulty for Italy, in a turbulent situation for Europe and the world, the country needs to meet the challenge," he said after his nomination. "We owe it to our children to offer them a future with dignity and hope," he added, ABC News reports. During his time in the EU administration in Brussels, Mr Monti gained global attention for taking on Microsoft for abusing its virtual monopoly power on the PC in Europe. He also heads up Milan's prestigious Bocconi University.   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
