The respected economist won crucial backing from Silvio Berlusconi's conservative party to try to put together a new government.
But the party demanded that he rule only long enough to implement urgent measures to rescue Italy from financial disaster.More follows...
Note: This news comes less than a week following the forced exit of the Greek Prime Minister who was conveniently replaced by Mr Papademos... Little things like not even being a member of the Parliament is irrelevant when you are the former Vice President of the European Central Bank.
The Party has demanded that he only Rule long enough to implement measures to rescue Italy.... Does this mean he wasn't their Choice?
So who is placing these new Prime Ministers?