31 ITALY After a torrid week of political wrangling, the man tapped to replace outgoing Italian Prime Minister Silvio Berlusconi took charge of the nation at the center of the euro-zone storm. New Prime Minister Mario Monti, a former E.U. commissioner, brought in a Cabinet full of career technocrats rather than politicians. Monti's team of ex-bankers and ex-CEOs will have to steady the country's debt woes and most likely will institute austerity measures that may prove as unpopular as those implemented in Greece. Monti also has to deal with the shadow of Berlusconi, who still wields great influence.
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