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Monti to lawmakers: No alternative to reforms

  • Listed: December 5, 2011 5:52 pm

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ROME (AP) — Italy’s new premier urged lawmakers Monday to swiftly approve his anti-crisis remedy of new taxes, pension reforms and growth measures, saying the survival of the euro currency depends on whether Italy makes the “strong sacrifices” he is seeking. Premier Mario Monti, an economist whose technocratic government came into office last month to save Italy from financial disaster, told Parliament “there are no alternatives” to the measures adopted Sunday by his Cabinet. “The eyes of Europe and the world are concentrated on Italy and this hall,” Monti said in his speech to the Chamber of Deputies, ahead of a similar appeal scheduled for the Senate, Parliament’s upper chamber. “The…

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