The reaction to Monti’s exit also shows the limits of the ability of the European Central Bank (ECB) to quell the crisis. A big reason why markets in Europe have been so calm in recent months is ECB ...

Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- Former Italian premier Mario Monti said a French unity government led by technocrats is unlikely to work as an ...

He served for 38 years in Parliament and, after being elected president at a critical moment in Italy’s fortunes, helped stabilize the country. By Robert D. McFadden The Italian prime minister faces ...

Italy's presidential palace says the economist Mario Monti has agreed to try to form a new government and steer the nation away from financial disaster. Subscribe to read this story ad-free Get ...

ROME — 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 to keep market fears over the country ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The First Church of Christ, Scientist, and we’ve always been transparent about that. The church publishes the ...

At first glance, it seems impossible that the fate of the world economy rests in Mario Monti’s hands. The Prime Minister of Italy has the aura of a gentlemanly grandfather — the polite demeanor, the ...