Former Prime Minister Mario Monti, the economics professor who imposed austerity on Italy in 2011, quit the leadership of his political party after criticizing the policies of his successor, Prime Minister Enrico Letta.
Caretaker Prime Minister Mario Monti said he would head a unified list of centrist political forces in the Senate vote of Italy’s national elections in February, effectively joining the race to become the country’s next premier.
Prime Minister Mario Monti can’t run in elections due in 2013 as he already holds a permanent seat in Parliament following his appointment as senator-for-life last year, Italian President Giorgio Napolitano said.
Prime Minister Mario Monti said his government is trying to “kick start” an economic overhaul in Italy that can’t be completed during his stint in office and declined to rule out a return to politics after his term ends.
Beppe Grillo, the comic banned from Italian television decades ago for ridiculing a corrupt cadre of ruling lawmakers, had his political satire rewarded yesterday with more than 160 seats in Parliament.
Former Italian Prime Minister Silvio Berlusconi said he doesn’t plan to run for the premiership in elections due by May and would consider endorsing an alliance of moderates to back a new government led by Mario Monti.