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13. juni 2012

Pressure Mounts for Italy’s Monti


By STACY MEICHTRY

ROME—Prime Minister Mario Monti’s honeymoon is over.

“Italy’s return to the cross hairs of the euro-zone debt crisis has ratcheted up pressure on Mr. Monti to accelerate his turnaround of the country’s moribund economy. But the effort is running up against a rising tide of discontent at home.

Mr. Monti has passed austerity measures including tax increases and an overhaul of Italy’s pension system since taking office in November, garnering widespread praise from investors and world leaders.

In recent days, however, the aura surrounding Mr. Monti has faded as investors and lawmakers at home take a hard look at unfinished items on the agenda—an overhaul of the labor market, cuts to government spending and plans to modernize the justice system…”

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