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'No elections', pleads business chief, Monti is 'right man'

'No alternatives' to emergency govt, says Marcegaglia

11 November, 12:41
'No elections', pleads business chief, Monti is 'right man' (see related stories) (ANSA) - Rome, November 11 - Emma Marcegaglia, the head of industrial employers' confederation Confindustria, on Friday pleaded with Italy's politicians to agree on the formation of a national unity government headed by Mario Monti.

She said the alternative to an emergency government led by the former European commissioner, snap elections, would be dangerous given the financial crisis enveloping the country.

"I appeal to all the political parties to find an agreement for the good of the country," Marcegaglia said, with Premier Silvio Berlusconi poised to quit at the weekend after losing his majority in parliament.

"There are no alternatives (to an emergency government) because a three-month election campaign would ruin the country.

It would expose us to a very big danger".

Monti, an internationally respected economist not aligned to a political party, is expected to get a government-forming mandate from Italian President Giorgio Napolitano within days. "At a difficult time like this, Mario Monti could be the right man,'' Marcegaglia said of Monti, who was made a life Senator by Napolitano on Wednesday.

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