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Now Who’s Mario Monti?

The newly formed government of Mario Monti has just received the green light from 281 Italian senators over 306. It is a new record of its sort. Our new Premier should have no problems at winning parliamentary approval also in the Lower House. Yesterday however, another Italian named Mario (Draghi) – the newly appointed president of the ECB – has warned Europeans leaders on the severity of the present financial crisis and called for a much more “robust economic governance” to be adopted at a continental level.