Renzi poised to form Italian government, promises rapid change




 
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Renzi poised to form Italian government, promises rapid change
 
February 17th, 2014  
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Topic: Renzi poised to form Italian government, promises rapid change


Renzi poised to form Italian government, promises rapid change
By James Mackenzie ROME (Reuters) - Italian centre-left leader Matteo Renzi received a mandate on Monday to form a new government, promising rapid tax, labor and institutional reforms to revive a deeply troubled economy. Renzi, who engineered the removal of a party rival from the premiership last week, plans a radical program to lift Italy out of its most serious economic slump since World War Two. "In this difficult situation, I will bring all the energy and commitment I am capable of," he told reporters after President Giorgio Napolitano gave him the mandate to form the next government. The 39-year-old Renzi had been expected to take over since his rival Enrico Letta was ousted as prime minister at a meeting of their Democratic Party (PD) last week, following growing impatience with the slow pace of economic reforms.




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