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Tuesday, 1 January 2013 - Monti aims for Italy vote majority, pro-Europe alliance |
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      Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB Dividends World World Home U.S. Brazil China Euro Zone Japan Africa Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. 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See the best of Reuters photography.  See more | Photo caption  Tragedy in Newtown Mourning the victims of the Sandy Hook school shooting.  Slideshow  Elephant games Elephants take part in a beauty contest and play an exhibition soccer match among other sports.  Slideshow  Monti aims for Italy vote majority, pro-Europe alliance Tweet Share this Email Print Related News Monti's reform path faces test beyond Italy elections Sun, Dec 30 2012 Italy leftist PM candidate Bersani tops opinion poll, Monti second Sun, Dec 30 2012 Berlusconi says Monti plotting with Italy's center left Sat, Dec 29 2012 Monti says will lead centrists in Italian vote Fri, Dec 28 2012 Monti urges debate on Italy election as rivals open fire Mon, Dec 24 2012 Analysis & Opinion In 2013, the great global unraveling In a year of big elections, Japan’s was Godzilla Related Topics World » Investing Simplified » Italy » Italy's outgoing Prime Minister Mario Monti gestures during a news conference in Rome December 28, 2012. Credit: Reuters/Tony Gentile By Catherine Hornby ROME | Mon Dec 31, 2012 3:30pm EST ROME (Reuters) - Outgoing Italian Prime Minister Mario Monti said on Monday he was aiming to win a majority in a parliamentary election in February and would seek alliances with parties agreeing with his pro-Europe agenda. While not explicitly saying so, Monti appeared to indicate he was open to an alliance with the centre left - led by Pier Luigi Bersani, who polls say is on track to win the election - although not until after the vote. The statement came a day after Bersani pressured Monti to choose sides. Silvio Berlusconi, the conservative businessman who is seeking his fifth term as premier, has accused Monti of striking a hidden deal to favor the left. Due to the complexities of the electoral law, Bersani's two-party coalition could win a comfortable majority in the lower house without taking a secure command of the Senate, possibly making an alliance with Monti's bloc crucial to creating a stable parliamentary majority. "The new movement is born with the aim of gathering the consensus of the majority of Italians," Monti said on his website. "Whether this objective is fully achieved, or whether that is not the case, we will seek convergence with political forces that adopt a line of action that is compatible with our European strategy." A former European Commissioner, Monti was appointed a year ago to lead an unelected government of experts to save Italy from financial crisis after Berlusconi stepped down. He announced his bid for a second term last week. Monti said Italy must remain a central player in European politics and integration and that his goal was to stem the rise of populist and anti-European parties, which he felt were growing at an alarming rate in Italy. His views were echoed by President Giorgio Napolitano, who said in his end-of-year address that Italy would return to growth only if it worked closely with its European partners, and that it must remain a strong protagonist in Europe. Monti said on Friday he would lead a centrist alliance in the election and wanted to go beyond the traditional left-right split to unite a coalition of factions around a reform agenda aimed at tackling Italy's deep recession and economic woes. ECONOMIC OUTLOOK Bersani has pledged to stick to the pro-European stance of Monti's unelected technocrat government and to continue on the course of economic reform. Berlusconi has blamed Germany for the austerity measures Italy has had to pass to cut its huge debt, and blasted Monti as Germany's puppet. Beppe Grillo's anti-establishment 5-Star Movement, likely to pose a serious threat to traditional parties in the election, has called for a referendum on membership of Europe's single currency and attacked Monti for his tax hikes and spending cuts. Whoever wins the February 24-25 election will have to tackle the recession and rising unemployment in the euro zone's third largest economy as well as keeping strained public finances under control. In a separate statement, Monti's office rebuffed criticism of his reforms, which have also included deregulation and an overhaul of the pension and labor system, and said that Italy's economic outlook had improved "significantly" since he took over. In an 18-page document entitled "An Analysis of a Year in Government", the administration said its actions had convinced foreign investors to resume buying Italian bonds and the prospect of new budget adjustments had been "strongly reduced". But it also stressed that the path of reform was just beginning and must be pursued by the next government, and added that the new goal would be to reduce tax pressure, especially on poorer people. It said public spending would have to be cut further through measures such as the streamlining and closure of some public institutions, and through more efforts to reduce waste and corruption. President Napolitano acknowledged in his address that Italians had made difficult sacrifices this year but they had been necessary. He said efforts should be made to ease the fiscal burden on vulnerable people. An opinion poll on Sunday showed that 34 percent of Italians thought the most important initiative for the next government will be adjusting public spending so that taxes can be cut. The survey, published in financial daily Il Sole 24 Ore, showed that about 36 percent of Italians would vote for Bersani to become the next prime minister, while about 23 percent would choose Monti, and around 22 percent would opt for Berlusconi. (Editing by Michael Roddy) World Investing Simplified Italy Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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