Renzi readies to form new Italian government
- 10 years ago
On his way to becoming Italy's youngest-ever prime minister.
The 39-year-old Mayor of Florence, Matteo Renzi, has been given a mandate by the president, and will now attempt to form a new government.
SOUNDBITE: Matteo Renzi, Prime Minister designate, saying (Italian):
"The sense of urgency is extraordinarily delicate and important but it's also true that, given the timescale we've set of a full parliamentary term, we'll need a few days before formally accepting the mandate."
Renzi helped oust his Democratic Party rival Enrico Letta, frustrated at the slow pace of reform.
If he can build a coalition, he'll be the third prime minister in a row to come to power without being elected.
The euro zone's third-largest economy is technically out of recession, it returned to growth in the final quarter of 2013.
But it's been suffering its most severe slump since the Second World War and has 2 trillion euros of public debt.
The markets seem to like
The 39-year-old Mayor of Florence, Matteo Renzi, has been given a mandate by the president, and will now attempt to form a new government.
SOUNDBITE: Matteo Renzi, Prime Minister designate, saying (Italian):
"The sense of urgency is extraordinarily delicate and important but it's also true that, given the timescale we've set of a full parliamentary term, we'll need a few days before formally accepting the mandate."
Renzi helped oust his Democratic Party rival Enrico Letta, frustrated at the slow pace of reform.
If he can build a coalition, he'll be the third prime minister in a row to come to power without being elected.
The euro zone's third-largest economy is technically out of recession, it returned to growth in the final quarter of 2013.
But it's been suffering its most severe slump since the Second World War and has 2 trillion euros of public debt.
The markets seem to like