Italy vote may pave way for Monti

UPDATE:Today's senate vote in Italy could herald the formation of a new government led by former EU commissioner Mario Monti

11th November, 2011
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Italy’s Senate will vote on debt-reduction measures today in an attempt to shore up investor confidence and pave the way for a new government that may be led by former European Union Competition Commissioner Mario Monti.

The Senate will vote on a package of measures promised to the European Union aimed at boosting growth and cutting Italy’s debt of €1.9 trillion, the world’s fourth biggest.

Lawmakers rushed to pass...

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