Rome

Monti announces birth of new Italian political grouping

Caretaker premier spoke after meeting supporters in Rome

Monti announces birth of new Italian political grouping

Rome, December 28 - Mario Monti, who tendered his resignation last week from his job as prime minister of Italy after 13 months at the helm of the nation, said a coalition of political parties that backed his reform agenda was formed on Friday. Monti, who headed a technocrat government tasked with steering the euro zone’s third-largest economy away from a debt crisis, said a "new political grouping was being born today" at a press conference after meeting with political allies in Rome. The caretaker premier, who will oversee ordinary government administration until the new one takes over, met with centrist Catholic UDC party leader Pier Ferdinando Casini, representatives of the Italia Futura political movement, and Andrea Riccardi, a minister in his technocrat emergency government today. Following his resignation he announced he would back parties that intended to pursue his reforms platform at the upcoming February general elections rather than actively run in the elections, spurring the support from groupings like the UDC party and Italia Futura. "I had never thought of creating a new party, I am not a man of providence", Monti said.

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