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By Matt Kibbe
The short-term deal will assure long-term overspending
Independent voices from the The Washington Times Communities
Topic - Monti'S Government
Although Italy's Silvio Berlusconi resigned in disgrace a year ago, has since been convicted of tax fraud and now faces plunging poll numbers, the media baron is showing he still has the power to put pressure on his successor, Premier Mario Monti.
Premier Mario Monti formed a new Italian government without a single politician Wednesday, drawing from the ranks of bankers, diplomats and business executives to create a team to steer Italy away from financial disaster.
Italy's premier-designate Mario Monti began talks on Monday to create a new government of non-political experts tasked with overhauling an ailing economy and keeping market fears over the country from threatening the existence of the euro.