Italian economist and politician (1943-)
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The economist who stepped in when Italy's debt crisis forced Silvio Berlusconi out. Monti ran the country for two years without standing for election, imposing austerity from a technocrat's perch — the kind of appointment democracies make when the math gets too ugly for politics.
Born 19 March 1943, Monti built his career in Brussels and Milan: European Commissioner for a decade starting in 1995, handling taxation and internal markets before moving to competition policy, and rector of Bocconi University for years. In November 2011, as Europe's sovereign debt crisis tightened around Italy, President Giorgio Napolitano named him a senator for life and invited him to form a government after Berlusconi resigned. Monti was sworn in as prime minister on 16 November, taking the economy portfolio as well until the following July. His technocratic cabinet lasted until 2013. He…
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